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44af

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 November 2010 a person carring on small retail silver jewellery shop,-can his income be taxed as per 44af,he does not maintains books of accounts
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
19 November 2010 Sec 44 AF is not applicable since assessment year 2011-12.
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