Return of a Vegetable seller
This query is : Resolved
17 March 2009
I filling a return of a vegetable seller whose yearly profit is arount 1 lac, is it necessary to maintain all the record
17 March 2009
not required.
as per section 44AA category 3 "non-specified profession" where income does not exceed rs. 120000 and total sales, turnover or gross receipts are not in excess of rs. 1000000 in all the 3 immediately previous years than records are not required to be maintained.
as per section 44AA category 3 "non-specified profession" where income does not exceed rs. 120000 and total sales, turnover or gross receipts are not in excess of rs. 1000000 in all the 3 immediately previous years than records are not required to be maintained.
17 March 2009
I AGREE WITH DEVANSHI
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