Maintaining of accounts of an individual

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ajay (Querist)
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09 November 2012 goood morning sir/madam,

my client is engaged in civil construction work and has turnover Rs.60,00,000 as such liable to maintain accounts as per section 44AA,

but he does not maintain his acccounts ,,now from now onwards i want his accounts to be maintained in a proper way.

cash book,ledger would be maintained by him,but could your please elaborate the practical procedure how to maintain his accounts in a proper way,,for ex. vouchers to be maintained for any expenses wtih revenue stamp cross signed on that,,muster roll to be maintained for labour wages payment etc...

please guide me so than the acccounts could be maintained in a proper way..

thanks

please reply

Amol S Joglekar

Amol S Joglekar (Expert)
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11 November 2012 01. Maintain the accounts in software like tally.
02. As suggested by you in the query, the points are absolutely correct.
03. You can also think of TDS. Get TAN
04. Make use of vouchers and get it authorised by that individual where ever the cash memos, bills or like external evidence is not on record.

ajay

ajay (Querist)
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19 November 2012 thanks amol ji

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