Tax audit sec 44ab
This query is : Resolved
21 January 2015
Hi
Can anybody please solve my query
a person professtional income Rs.24Laks
Business income Rs. 80lakhs.
These total is exceeding 1Crore. in this case whether Tax audit is applicable?
Can anybody please solve my query
a person professtional income Rs.24Laks
Business income Rs. 80lakhs.
These total is exceeding 1Crore. in this case whether Tax audit is applicable?
21 January 2015
The word INCOME as used by you in the query, I am taking it as TURNOVER/ RECEIPTS.
The tax audit is NOT applicable.
The tax audit is NOT applicable.
21 January 2015
tax audit not applicable due to amount specified for audit is below the amount.
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