Tax audit

This query is : Resolved 

01 October 2013 Mr A. a architect formed a company A Pvt. Ltd.

Mr. A providing professional services
and raising bill in name of company..

What will be tax audit limit u/s 44AB for company ?

01 October 2013 According to U/S 44AB , turnover exceeds one crore and receipts exceeds 25 lacks those companies file 3ca-cd .

01 October 2013 1 cr. In your case


01 October 2013 In case of Company providing services, Tax Audit U/S 44AB if the the turnover or gross receipts exceeds 1 crore.

However, If Mr. A providing services as professional then Tax Audit will be applicable on gross receipts exceeding 25 lakhs...

regards,



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