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Small business under huf

This query is : Resolved 

08 October 2017 Hi

I have a HUF with my wife and minor daughter. PAN is also there. We have started a small home based business of re-selling dry fruits. we purchase it in bulk and sell it in small packets.

how do i show the HUF income and maintain accounts, as the business is mainly in cash.

08 October 2017 see if you can fit into section 44AD. If yes, no need to keep books of accounts.



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