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Salary income if more then 60 lacs need required tax audit

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 August 2011 Dear Sir,

Need help if some one have Gross salary more than 60 lacs, required tax audit. u/s 44AB/AD
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
27 August 2011 Tax audit u/s. 44AB/AD apply for business & professional case, not on salaried case. so no tax audit apply on salary income more than Rs.60 lacs also
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VISHRUT

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VISHRUT (Expert)
27 August 2011 Completely agreed
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CA. Anoop Gadia

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CA. Anoop Gadia (Expert)
27 August 2011 Salary income is not liable for any audit.
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CMA Arif Farooqui

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CMA Arif Farooqui (Expert)
27 August 2011 no audit required in case assessee is salary employee,
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
27 August 2011 Tax audit will be applicable on business and profession income not for salary income.

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