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tax audit

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Querist : Anonymous (Querist)
24 June 2011 What will be the Tax Audit limit for the company providing accounting, payroll & Engineering services?
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SANJAY

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SANJAY (Expert)
24 June 2011 IN YOUR CASE COMPANY IS PROVIDING PROFESSIONAL SERVICES SO HERE YOUR TAX AUDIT LIMIT IS 15 LACS.. MEANS YOUR GROSS RECEIPTS FROM PROFESSION EXCEEDS RS.15 LACS THEN YOU ARE COVERED UNDER TAX AUDIT..u/s44AD.

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