audit 44ab

This query is : Resolved 

27 July 2009 pl. define professional for the purpose of 44ab.

can a person, who is b.com and has income> 10 lacs from mutual fund and insurance commssion is reqd. to get tax audit?

28 July 2009 no a b.com is not covered under the definition of professional. And the work you have described is not covered under the profession.



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