No need for tax audit
Saurabh Sharma
(Article)
(33 Points)
Replied 15 February 2015
No it is not consider as your income but you must provide proper information about amount receive in your bank account.
Arif Ali
(Apt Co Advisory)
(1230 Points)
Replied 16 February 2015
there is not applicability of tax audit because it is not his income it is only reimbursement of expenses done on behalf of client.
ABHISHEK MURARKA
(CREDIT ANALYST)
(21 Points)
Replied 16 February 2015
CA SUNIL SURI
(chartered accountant)
(353 Points)
Replied 16 February 2015
No Need of Tax Audit. It will be better that such tax/legal practitioner should operate seprate bank account for tax payments of clients.
Renuka
(Accountant)
(107 Points)
Replied 16 February 2015
Thank u very mcuh friends, thank you for your reply
Renuka
(Accountant)
(107 Points)
Replied 16 February 2015
Thank u very mcuh friends, thank you for your reply
Rupak Gaudel R.
(Audit Assistant)
(24 Points)
Replied 03 March 2015
Since, he is doing the payment for his client.
No tax audit is required here.
vinod kumar singh
(partner)
(24 Points)
Replied 24 March 2015
tax audit is not required in above case
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