Income tax for ay 13-14

Dear Sir,

you must be talking about 44AD... as sec. 44AB (which you cited here requires audit), but as you are saying, you have annual turnover less than Rs. 1 crore in a year, and tax audit is not required.. so, you can file return u/s 44AD (presumptive taxation) and maintenance of books are not required in such case... provided you quote net profit during the year to be more than 8% of receipt...

Best Regards,
CA Lovely Arora
ca.lovelyarora @ gmail.com