NO ACCOUNT CASE UNDER ITR 3

This discussion addresses a common validation error when filing an ITR 3 under a 'no account case'. The error message "income is more than 2.5 lakhs but BS & P&L is not entered" appears despite the user providing balance sheet details. The user found that selecting 'Yes' for 44AD in the audit section resolves the error, but questions its applicability. Advice is given to check income and selected codes against Section 44AA, Clause (ii), which mandates maintaining books of accounts if business income exceeds ₹2.5 lakhs.