Books to be maintained by firm
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 February 2015
Hi
We are a partnership firm rendering educational services like daycare, guitar lessons, dance, Music etc for last 2 yrs .
We have not maintained any accounts so far though we have all receipts and bills with us.
Please tell us what books we need to maintain?.(using excel)
We are a partnership firm rendering educational services like daycare, guitar lessons, dance, Music etc for last 2 yrs .
We have not maintained any accounts so far though we have all receipts and bills with us.
Please tell us what books we need to maintain?.(using excel)
13 February 2015
if your gross total income is exceeding rs 1.20 lakhs then refer sec 44AA books are mentioned to be mentioned.
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14 February 2015
you have to maintain the books of accounts us/ 44AA.
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