Tax audit under section 44 ab

Sowmya.S.Balan (Paid Assistant) (749 Points)

26 July 2011  

Dear Friends,

In our case a doctor received professional income of Rs.12 Lakhs & tds deducted u/s 194 j & she also received insurance commissin income of Rs.30 lakhs & tds deducted u/s 194 D

We are taking insurance commission income as business income  & it is not taken as tax audit.  can you please tell me whether our view is correct or not?