Matter regarding tax audit & maintenance of books of a/c


This query is : Resolved 

29 December 2013 individual works contractor having income of below 1 crore,showing 5 percent net profit.

Q1- whether it is require to do tax audit for the A.Y-2013-14.

Q2- whether it is require to maintain regular Books of Account. u/s 44AA.

29 December 2013 yes. both 44AA and 44AB shall apply.


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