Tax Audit Queary
This query is : Resolved
24 December 2008
One of my client having
professional receipts Rs. 800000/-
other receipts from Hotel Rs. 700000/-
Capital Gain Rs. 1200000/-
Whether covered under Tax Audit ?
professional receipts Rs. 800000/-
other receipts from Hotel Rs. 700000/-
Capital Gain Rs. 1200000/-
Whether covered under Tax Audit ?
24 December 2008
NOT COVERED
CAPITAL GAINS DOES NOT FALL UNDER 44AB
CAPITAL GAINS DOES NOT FALL UNDER 44AB
24 December 2008
Moreover, the receipt from profession is less than Rs 10lac and the Gross Receipt from Hotel Business is also less than 40lac.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- Value of property in capital gain
- SFT Cash Deposit in Current Account
- Copyright software
- Multiple trade mark
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- TDS APPLICABILITY....../
- Transporter Declaration form
- E-Invoice applicability for new Startup
- Filing of MSME 1 form by companies
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
