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Maintain of books of account us 44aa

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Querist : Anonymous

Querist : Anonymous (Querist)

07 July 2017 My client is LIC Agent and he is got Commission Income of Rs. 1.75 Lacs for the fy 2016-17 for LIC.

So, please guide me anybody, whether my client maintain books of account or not.

Thanking you.

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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07 July 2017 Yes he is required as income exceeds Rs.120000/-

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RAJA P M (Expert)
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07 July 2017 Yes I agreed to Madam. Rashmi Gandhi... In case He is going to prusumptive haven't books of accounts...

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