Sec 44aa
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 January 2013
WHETHER THE UNDER MENTIONED CLIENT NEEDS TO MAINTAIN BOOKS OF ACCOUNTS...??
Mr A has earned income of Rs 80000/- for AY2011-12 by providing accounting services to firm. the Firm has also deducted TDS on the said amount.I want to know whether Mr A is required to maintain books of accounts as per Sec 44AA.
Mr A has earned income of Rs 80000/- for AY2011-12 by providing accounting services to firm. the Firm has also deducted TDS on the said amount.I want to know whether Mr A is required to maintain books of accounts as per Sec 44AA.
19 January 2013
Mr A has to maintain Books of Account of the firm so as to earn income from there.
.
However, in his own case, he is not required to do so U/s 44AA(2).
.
Mr A has to maintain Books of Account of the firm so as to earn income from there.
.
However, in his own case, he is not required to do so U/s 44AA(2).
.
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