Is the proffessional drawing a salary of Rs. 30 lakh liable to audit under IT Act
CA Deepesh Ruhela
(Keen to Learn)
(3271 Points)
Replied 08 July 2014
No, he is not liable to tax audit.
Tribhuvan Aditya Singh
(Student as well as Self-employed)
(3710 Points)
Replied 08 July 2014
S.GANESAN
(AUDIT MANAGER)
(110 Points)
Replied 09 July 2014
The Person is drawing only Salary not doing Profession.
Tax Audit is Not Applicable for that person.
Saurabh Anokhchand Jain
(Chartered Accountant)
(1043 Points)
Replied 14 July 2014
If a person is drawing just salary, he is not liable for Tax Audits
Fenil Shah
(Audit & Tax Executive)
(402 Points)
Replied 14 July 2014
Salary taxable under Income from Salary & not liable to Tax Audit.
CAclubindia
