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Professional fees

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 March 2017 A person was on salary getting 20 lacs income and now he is joining as a professional if a person is getting professional fees above 1 cr (will the income tax ward/ao /range change as per the volume) for him
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
15 March 2017 Professional fees received excess of fifty lakhs comes under purview of tax audit. Based on income volume tax wards will also change .

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