Tax audit applicablity
This query is : Resolved
24 June 2014
Dr Professional case
1. Professional Fees 10 Lakhs
2. Salary from company Rs. 21 Lakhs
3. Reimbursement expense
Please let know in the above Tax audit applicable or not
1. Professional Fees 10 Lakhs
2. Salary from company Rs. 21 Lakhs
3. Reimbursement expense
Please let know in the above Tax audit applicable or not
24 June 2014
the ans is no as it havent crossed limit of rs 25 lkahs for professional.
24 June 2014
the ans is no as it havent crossed limit of rs 25 lkahs for professional.
25 June 2014
it is below Rs. 25.00 lacs ( if your reimbursement is not related to professional amount not mantion by you ) then no audit required.
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