Payment received for filing return under section 44 AD

Ishatpreet Singh (Article assistant) (71 Points)

28 February 2018  
Client wants to file a return under section 44 Ad and show profit of 4 lac + but there aren't sufficient payments received in bank as most of business transactions are in cash...Can he file return under 44 AD without much trouble of scrutiny later on with respect to Total receipt and bank credits ?