No account case
This query is : Resolved
22 July 2013
dear sir
a commission holder assesse have gross receipt of rs 180000. he does not have any expenses record and books of accounts. can he show his income " NO BOOKS OF ACCOUNTS
CASES" without claim any expenses i.e. gross receipt show as net profit? and if yes then is its need to be fill up balance sheet?
a commission holder assesse have gross receipt of rs 180000. he does not have any expenses record and books of accounts. can he show his income " NO BOOKS OF ACCOUNTS
CASES" without claim any expenses i.e. gross receipt show as net profit? and if yes then is its need to be fill up balance sheet?
22 July 2013
show under 44AD.
but BOA need to be maintained as per section 44AA.
but BOA need to be maintained as per section 44AA.
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