Do a small panwala need to maintain book of accounts under section 44aa?

Posted 3 years, 12 months ago by abhas kandya

If a person is carrying on a non-specified profession or any business, income from which business or profession exceeds Rs. 1,20,000 or his total sales/gross receipts from such business or profession exceed Rs. 10,00,000, in any one of the three years immediately preceding the previous year then you have to maintain books of account u/s 44AA.

Posted 3 years, 11 months ago by Shameem Ahmed

Your Reply:

You need to be logged in to reply.