If a person filed ITR 3 ( 44AD) applied. Nature of business is Mfg of Furniture.Total sales is 20Lakh. Declared income is 5 Lakh
Does he need to maintain books of accouns?
Menu
Book of account related
Replies (1)
No. Keep records of trade ( Rs. 20L)
Recent Topics :
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
- Hi experts need some help
- Is SAP FICO a good career option for finance and a
- Direct Cost booking
- TDS on Property Purchase Paid
- Cash Purchase Above ₹10,000, ITR/40A(3) Trea
- TDS on dividend to non resident shareholders
Related Topics :
CAclubindia
