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).
.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Fixe term employment
- Is any professional CA is here please reply
- Gift Received from nonblood relative
- Foreign lottery ticket bought online from India: legality, tax and consequences
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Putting a heading on received mail
- Section 50-fixed asset-->building ceases to exist
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
