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152 views • Question added Nov 16, 2013 • Income Tax • By pankaj p mistry , Himatnagar


IS IT COURIER SERVICE BUSINESS OR PROFESSION FOR TAX AUDIT ?

2 Answers

answered Nov 18, 2013 by SUBHASH KUMAR JHA , Darbhanga

what type of business or profession doesn't matter if it's turnover is exceeding the limit specified in section 44AB it will be subject to tax audot.


answered Nov 21, 2013 by shankygarg , Karnal

FOR TAX AUDIT PURPOSE, COURIER SERVICE IS A BUSINESS i.e. the limit for your business is RS. 1 CRORE.


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Navdeep Gupta

18-Nov-2013 , 11:50:43 am

When specified limit of turover u/s 44AB is exceeded then tax audit is compulsory.

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