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

Posted 6 months, 2 weeks 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 6 months, 2 weeks ago by Shameem Ahmed


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