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Ketan Lathia (CA Practice )     12 October 2016

Urgent-tax audit

A company providing only management consultation services (no other income), what will be the limit for tax audit 25L or 1cr. ??

 3 Replies

CA Srujann kumar Reddy

CA Srujann kumar Reddy (Asst Manager(Internal audit))     12 October 2016

management consultancy is a professional service and 25 lacs will be applicable
Vineet Goyal

Vineet Goyal (Assistant Manager - Finance & Accounts)     13 October 2016

Agree with Reddy. It is a professional service.


MANENDRA KUMAR KANDULA (Student)     19 December 2016

Please go through the following link (hope useful) - 


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