Is there a need to apply Fuzzy Logic in sec 44AB?

N.Srinivasan , Last updated: 26 October 2015 Share Follow on Google News

Sec 44AA of the Income tax Act stipulates about the compulsory maintenance of Accounts by Certain persons carrying on business or profession and return their income under the head Profits Gains of Business or Profession. What is the limit up to which no requirement for maintenance of books of accou

Daily Limit Reached

You have reached your daily limit of 2 Free Articles

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?

No Ads
WhatsApp Broadcasts
Daily E-Newsletter
Unlimited Articles Access

BEST VALUE

2 YEAR PLAN

3,499

(Inclusive of GST)

1 YEAR PLAN

1,999

(Inclusive of GST)

Buy CCI PRO Now

Already a PRO member? Login here for an ad-free experience.

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

8078 Views 1 Likes Comment Share Income Tax Report

About the Author

N.Srinivasan

Sole Prop

I am a Chartered accountant by Profession. I am in practice from 06.10.2001. Earlier I was working as a Regional Finance Manager of an integrated steel Plant. My qualification B.Com, FCA, DMA(ICAI), DISA(ICAI), DIRM(ICAI),PGDCCIS. I am taking up assignments in Companies as Management consultant and also as a domain ... Read more

View Articles