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Books of account

This query is : Resolved 
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(Querist)
15 June 2017 If there is gross total income of Rs.130000 from commission from post office . And there is expenses of Rs 12000. Whether liable to maintain books of account.
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
15 June 2017 Not liable to maintain books of account.
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Niraj Agarwal

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Niraj Agarwal (Querist)
15 June 2017 Mam , for maintaining books of account , which one:- net income or gross total income is to be considered.
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
16 June 2017 Both income to be filed up & only taxable income is shown in return(net income)
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