If chartered Accountants Receipt is more than 10,00,000 during the year, then from whom they can get their tax audited. Is Lawyers are also liable to Tax Audit.
Vipin Kumar Garg
(Ca Final Student)
(89 Points)
Replied 01 August 2009
If your gross reciept is exceeds Rs.1000000 then you are liable for Tax audit u/s 44AB ,Same rule is also applies to a lawyer.
Aditya Maheshwari
(CA in Practice)
(35867 Points)
Replied 01 August 2009
All Professionals having gross receipt over Rs. 10,00,000/- are liable to audit u/s 44AB.
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