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Filing return (Income Tax)

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This query is : Resolved

Author : Anonymous

( Author )
29 May 2012

 i want to file ITR-4S for income from business and profession, what is the limit for maintaining books of accounts.Is it necessary to maintain books of accounts if profit from B&P is more than 8%. Please suggest me.


Siddhartha Bhardwaj

( Expert )
29 May 2012

 Books of accounts are to be maintained only if the income is shown LESS than 8%.



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