EASYOFFICE
EASYOFFICE
EASYOFFICE

DEFINATION OF SECTION 44AB

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
20 August 2010 MY CLIENT IS GIVIGN MEDIA SERVICES LIKE PREPARE MEDIA REPORTS AND SELL IT TO NEWS CHANNEL AND TOTAL RECEIPTS IS AROUND 30 LAKS WHETHER MY CLIENT IS COVERED UNDER SEC 44AB OF IT ACT
AND WHY
WHETHER HE IS COVERED IN BUSINESS OR COVERED IN PROFESSIONAL
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
21 August 2010 Production of films is not professional activity. My view this is normal business activity the present tax audit limit is Rs.60 lakhs
Profile Image

CA Sanat Pyne

Profile Image

CA Sanat Pyne (Expert)
21 August 2010 AGREE WITH RAMESH JI,
IT IS A BUSINESS AND 60 LAKHS IS THE LIMIT FOR 44AB.
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links