Applicability of section 44ad

benefit is  available even when you declare a higher profit like say, 9.5 %.Bz 44ad says that taxpayer can voluntarily declare a higher income in his return and books are not required to maitain.only amt of debtors,cash,stock is required in 4s

Yes nitika is right. you can declare higher profits and still section 44 AD will be applicable

the maim thing is if you want to declear < 8% then the sec  comes to play, your book should get audited , to do so .

ITR-4S can be used but still you will have to maintain books of accounts as per Section 44AA(2)(i)/(ii)

Thank you for the replies.

Vishal, that is what I wanted clarity on. I had this misconception that books need not be maintained if the profits are higher than 8 %.

benefit is  available even when you declare a higher profit like say, 9.5 %.Bz 44ad says that taxpayer can voluntarily declare