What is the limit for tax audits of technical consultant?
TaxAudits of TechnicalConsultants The limit for taxaudits of technicalconsultants in India is Rs. 50 lakhs in total gross receipts during the financial year. This is under Section 44AB of the Income Tax Act, 1961. If the total gross receipts of a technical consultant exceed Rs. 50 lakhs, then they are required to get their… Read More »
