Sec 44aa
This query is : Resolved
ca pawangupta
(Querist)
29 June 2014
dear sir, my client have a income from nursing home mode of recived income in cash.my client says income show in itr more than 150000 but books of accounts not maintain as per sec 44aa.what solution i am show above limit or not in itr
Nikhil Kaushik
(Expert)
29 June 2014
the solution is simple. he/she has to maintain accounts. otherwise penalties prescribed in the act can be levied..
Rupesh Jain
(Expert)
30 June 2014
books of account to be maintain u/s 44AA by your client and file ITR-4.
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