Books of account
In A.Y. 2009-10 i am running business of PAN (pan house : cold drink and all)
I have deposited cash of rupees 12 lakh during that year and have not filed income tax return.
I received notice to file return for that year and i have filed return u/s 44AD declaring turnover of rs.16 lakh.
Today I received another notice for production of cash book , bank books
And balance sheet and p&l
So my question is that inspite of i have filed return under section 44AD, I required to maintain that books?