No account case

Hi pankaj, as per sec 44AA and rule 6f of i.t act 1961 , if gross receipt exceed rs 10 lac or profit/income exceeds rs 1.2 lac in ay of the three years preceeding the relevant previous year, in that case assesse should maintain any books of accounts which may help the A.O. in computing his income. In your case you have to make any books of accounts accordingaly. Thanks and Regards Suraj Pahuja.

well said Pahuja.. thanx for the same..