Easy Office
LCI Learning

RE:Audit Qurey

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 February 2010 Dear All,

I earn income from Professional Fees, LIC Commission and Brokerage from Sharebroker. My turnover of the year is Rs. 12,00,00/- and above am i liable to make Tax audit. please help.......

17 February 2010 Yes, Tax audit is required if receipts exceeds Rs 10 lacs in a FY.

Regards

17 February 2010 also you have crossed service tax threshole limit, going forward charge service tax on your professional fees, and YES you have to do tax audit..




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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query