No books of accounts

ITR 445 views 3 replies
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B.Com
342 Points Joined August 2014

Dear Sir,

An Assesse who is a doctor by Profession and he does not maintain books of accounts. So can he fill ITR 4 by filing the portion of No Account Case where regular books of accounts are not maintained for A.Y. 2016-17 and please tell whether there would be any problem from IT Department.

Please suggest the best.

Thanks,

Abhishek Roy Choudhury. 

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On 27 October 2016 at 13:46 Report
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SEO Sai Gr. Hosp.
208750 Points Joined July 2016

He is compulsorily required to maintain books as per section 44AA(1). So, prepare P&L acc with BS for As Yr. 2016-17.

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On 27 October 2016 at 13:52
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student
188 Points Joined January 2009
doctor is an specified assessee under Sec 44AA to maintain books of account if he is showing business income. If no books of account is maintained then assessee may required penalty as per income tax act
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On 27 October 2016 at 23:14
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Tax Consultant
1166 Points Joined March 2009

Agree with Dhirajlal.

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On 28 October 2016 at 11:25


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