Tax audit
CA. sanjeet Kumar Ojha (Chartered Accountant) (272 Points)
27 September 2016CA. sanjeet Kumar Ojha (Chartered Accountant) (272 Points)
27 September 2016
saurabh kumar
(Tax Consultant)
(348 Points)
Replied 27 September 2016
For the purpose of tax Audit,The limit for company engaged in profession will be Rs. 100 Lakh.(A.Y.2016-17) because A company is not deemed to be carrying profession even if it does, it will come in the category of business.(DCIT vDaljit Singh Eye Hospital Private Ltd.)(Amritsar)