Account audit prob

dear saurabh,

 

the charges will vary based on the time involved and issues involved in the audit.  You looking for an auditor or you looking for clients?

Depending on type of work.scope of work.persons deputed on work..financial status of company fee will be decided. Account audit means verification of accounting and ensuring whether it is as per gaap and accounting standards Periodicity can be decided by company...depending on size of company it can be monthly..or quarterly

WHAT IS THE MEANING OF “BUSINESS” & “PROFESSION” AS PER INCOME TAX ACT. ?

I 'm asking this because I 'm not sure whether my work 'll come under business or profession.

Brief summary :

I do the payment to company for advertising my website. & again my revenue comes from my web properties.

is this business or profession ?

what sort of revenue you get?

again I get revenue from selling ad space on my websites