Audit required or not
shruti (.) (240 Points)
13 March 2014shruti (.) (240 Points)
13 March 2014
shruti
(.)
(240 Points)
Replied 13 March 2014
MANJULA
(Article assisstant)
(103 Points)
Replied 13 March 2014
Yes, she is assessed to tax for the year 2013-14. It is being made due to his professional skills i.e., income earned by using the professional skills
shruti
(.)
(240 Points)
Replied 13 March 2014
MANJULA
(Article assisstant)
(103 Points)
Replied 13 March 2014
Sorry could not understand your point of stand could you pls. explain it
shruti
(.)
(240 Points)
Replied 13 March 2014
MANJULA
(Article assisstant)
(103 Points)
Replied 13 March 2014
It includes Technical Consultancy also which may be applicable
shruti
(.)
(240 Points)
Replied 13 March 2014
MANJULA
(Article assisstant)
(103 Points)
Replied 13 March 2014
You may query Income Tax Department in the following website:
shruti
(.)
(240 Points)
Replied 13 March 2014
MANJULA
(Article assisstant)
(103 Points)
Replied 13 March 2014
Girish C Gaikwad
(Chartered Accountant)
(55 Points)
Replied 15 March 2014
Information Technology & Technical Consultancy are covered under Profession as per GN on Tax Audit u/s 44AB. So Tax Audit applicable as limit fot gross receipt is Rs.25 lacs.