Maintenance of books of accounts
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 September 2017
A person with turnover of Rs. 30 lacs files return u/s 44ad (presumptive basis). Is he required to maintain books of accounts?
CA Rashmi Gandhi
(Expert)
29 September 2017
Not required.......
Any person files return u/s 44 AD not required to maintain books.
29 September 2017
Not required books of ACCOUNTS if file u/s 44AD / 44ADA...
But, You can get Sources of incomex Receipts details...
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