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When an Insurance Agent is require to get books audited u/s

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(Querist)
01 June 2011 Sub: When an Insurance Agent is require to get books audited u/s 44AB.

Sir/Madam,

I want to know when an Insurance Agent is require to get books audited under Income Tax i.e. what limit is applicable for gross receipt Rs 15 Lakh or Rs 60 Lakh.
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CA MANOJ GUPTA

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CA MANOJ GUPTA (Expert)
01 June 2011 INSURANCE AGENT IS NOT SPECIFIED AS PROFESSION UNDER SECTION 44AA HENCE LIMIT WILL BE 60 LAKHS

CA MANOJ GUPTA
JODHPUR
09828510543

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