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tax audit limit

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 February 2010 what is the tax audit limit for the players like cricket player ???
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CA Ashok Kumar Sahu

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CA Ashok Kumar Sahu (Expert)
24 February 2010 They are professional, limit for them is Gross receipt more then 10 Lacs
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CA SIDHARTH HIRALAL PATNI

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CA SIDHARTH HIRALAL PATNI (Expert)
24 February 2010 Agree with the expert. Cricket players are regarded as professionals so the celing limit applicable to cricket players is Rs. 10 lakh as gross receipts from profession
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
24 February 2010 yes the limit is 10 lakhs
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
24 February 2010 yes.10 lakhs
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
24 February 2010 AGREE, Rs. 10 lakhs
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CMA Arif Farooqui

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CMA Arif Farooqui (Expert)
02 March 2010 agree Rs 10 lakhs as they are professionals
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Querist : Anonymous

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Querist : Anonymous (Querist)
05 March 2010 bt in professionals list given u/s 44AA , players are not included in list of professionals..??
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