Account books
This query is : Resolved
20 February 2015
Sir my one client is tailor and want to file income tax return...His annual income is around 180000-200000 ..but no books are maintained by him...in such case. how should i file his income tax return ...where books are mandatory to keep maintain in the case profit is above 120000...
can i file it as..118000 (business income)
other income 60000..
let me know if books should be maintain then only cash book , legder is enough..
kindly guide in that case.i shall be very thankful to you for this,
can i file it as..118000 (business income)
other income 60000..
let me know if books should be maintain then only cash book , legder is enough..
kindly guide in that case.i shall be very thankful to you for this,
20 February 2015
refer sec 44AA for all books of accounts notified
and needs to disclose it as business income only
and needs to disclose it as business income only
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