Mrs A is receiving 84000/- professional receipt (tution fees) for the year 2014-15. does she require to prepare books of a/cs that is p/l, balance sheet ?
can you guide me which section will be applicable for this ?
will you please guide even though having total income of 84000/- p.a. only does she required to prepare profit and loss and balance sheet for fy 2014-15 ? is there any limit for non requirement of books of accounts ?
will you please guide even though having total income of 84000/- p.a. only does she required to prepare profit and loss and balance sheet for fy 2014-15 ? is there any limit for non requirement of books of accounts ?
CAclubindia
