My friends wife is a small time artist earning about 5 lacs per annum.Under what category she needs to file her income tax return?Does she need to maintain book of accounts under section 44aa

Posted 7 months, 2 weeks ago by abhas kandya


Section 44AA of Income Tax Act and rule 6F of Income Tax rules deal with the provisions regarding maintenance of books of accounts under Income tax Act. As per section 44AA(1) read with rule 6F the persons carrying on any of the profession as mentioned below are required to maintain books of accounts and other documents as may enable the assessing officer to compute total income, if yearly gross receipts of the profession exceeded Rs. 150,000.

1. Legal
2. Medical
3. Architectural
4. Engineering
5. Accountancy
6. Technical consultancy
7. Interior decoration
8. authorized representative
9. film artist
10. any other profession as is notified by the boardP

Posted 7 months, 2 weeks ago by Shameem Ahmed


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