Presumptive income u/s 44ad

This query is : Resolved 

13 February 2014 One of my client is getting Retainership Fee from a Pvt. Ltd. Company. Can he claim Presumptive Income @ 8% on u/s 44AD because his groos receipts are only Rs. 6.00 Lac Per Annum.

Also can it it mandatory to write Books of Account.

Please Reply.

13 February 2014 answered on your duplicate query


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