Presumptive taxation u/s 44ae

As per knowledge, if he plying more than 10 vehicles then in that case section 44AE wont apply

He need to maintain his books of accounts as per Section 44AA(kindly refer)

Agree with Mr. Kulwant.

Dear yuvaraj

       Section 44AE  Applicable To a Person Owning  not more than 10 goods carriages at any time

        during the previous year.

yes agree with you.

will that person be penalised for not maintaining the books as per sec 44AA?

and hence he was not maintaing books, what is the computation procedure of his total income (incase his main business is plying those vehicles of more than 10 as mentioned earlier)