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

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

27 August 2011 Completely agreed


27 August 2011 Salary income is not liable for any audit.

27 August 2011 no audit required in case assessee is salary employee,

27 August 2011 Tax audit will be applicable on business and profession income not for salary income.



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