Tax audit u/s 44ab


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Querist : Anonymous

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Querist : Anonymous (Querist)
22 April 2015 Dear expert
if assessee is traders as well as the service provider also and FY 2014-15 the sale portion was 2145879 and service portion is 3645846/- as service portion is above the 25 lacs. please let me know whether Tax audit is to be conduct or not...


plz clarify...

22 April 2015 Tax Audit is applicable on T/o above Rs. 100L.In ur case by clubbing all the sources of income it dosen't crosses the specified limit, hence 44AB is not applicable 4 u.

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 April 2015 But sir
service portion is excess 25 lacs. even in that case no tax audit is to be conduct..

22 April 2015 Yup dear, its total t/o.


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