Income tax section 44aaa

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Querist : Anonymous

Querist : Anonymous (Querist)

03 February 2017 if any professional doctor show income more than 50% of total receipt than maintenance of book of accountants required or not ???

CA R SEETHARAMAN (Expert)
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03 February 2017 The section is 44ADA, no books of accounts required if more than 50% income declared and total receipt not to exceed 50 lacs.

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Querist : Anonymous

Querist : Anonymous (Querist)

03 February 2017 Thanks you Sir......

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