Maintenance of books of account u/s 44aa

This query is : Resolved 

25 February 2015 In FY 2013-14, an assessee has professional receipts from educational & management consultancy below Rs 10 lakhs in all 3 preceding years. Although the amount of profit exceeds Rs 120000 in 3 preceding years .

Is the assessee liable to maintain books of accounts u/s 44AA?

25 February 2015 this assesses is required to maintain books of accounts as it is a specific profession

25 February 2015 What are the inclusions of Specified Profession?


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