Maintenance of books of accounts u/s 44aa

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pranab sarma (Querist)
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01 March 2017 Does a person engaged in home tuition required to maintain books of account u/s 44aa?

Please suggest , and thanks..

Sandeep Dharar

Sandeep Dharar (Expert)
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01 March 2017 Depends on income of the person. U may visit the following link:-

https://www.caclubindia.com/news/threshold-limit-increased-for-maintenance-of-books-of-accounts-of-individuals-and-huf-15921.asp

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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02 October 2021 If income below basic exemption limit & total collection of fees below 10 lakhs, for preceding 3 years; then no need to maintain books.

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