Hello,
One of our Clients Provide Architectural Design Services To its Foreign Parent Company.
It is having turnover of 75 Lakhs, so will Tax audit under 44AB be applicable to it considering as Profession or Limit will be 1 Crore.
Thanks
Hello,
One of our Clients Provide Architectural Design Services To its Foreign Parent Company.
It is having turnover of 75 Lakhs, so will Tax audit under 44AB be applicable to it considering as Profession or Limit will be 1 Crore.
Thanks
Should be considered as Professional Income.
By the Way, under what section TDS deducted?
Thanks Dhirajlal and Thirumalai for your Opinions
No TDS Has been Deducted as I had Mentioned that the Company is Providing Outsourcing Services to its Offshore Parent Company.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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