Is tax audit applicable on export of services?
This query is : Resolved
07 June 2013
My client exports professional services to a foreign country and the turnover is above the exemption limit(i.e. 60 lacs) u/s 44AB of the IT Act.
Is tax audit applicable in this case?
Is tax audit applicable in this case?
07 June 2013
yes, it will apply as 44Ab says gross turnover including export.
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