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About Mentainance of books of accounts

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For Asst year 2019_ 20 What is the monetary limit For Commission Business U/S 44AB to maintain Books of accounts is there any Relaxatoin please Give answer
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One crore is the limit

Section 44AB  of  the Income Tax act 1961 is  for  Audit  of  Books of  Accounts for certain persons carrying  Business & profession ,So as per section 44AA of the Income Tax act  if  your profit exceeds 250000/-  or your turnover exceeds 25 lac  you have to main ten  books  of  accounts . 

Sorry... if your total income exceeds 2.5 lakhs or if your total turnover exceeds 25 lakhs, you need to maintain books of accounts, in case of individual or huf


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