Quaries in section 44aa

Condition :Every person carrying on business or profession [not being a profession referred to in sub-section (1)] 

Read: if his income from business or profession exceeds 6[one lakh twenty] thousand rupees or his total sales, turnover or gross receipts, as the case may be, in business or profession exceed or exceeds 7[ten lakh] rupees in any one of the three years immediately preceding the previous year; or.............

Not mandatory.

Every person carrying on business or profession is required to maintain books of accounts if  his income from business or profession exceeds 1,20,000/-  or his total sales, turnover or gross receipts, as the case may be, in business or profession exceed 10,00,000/-  in any one of the three years immediately preceding the previous year.

Therefore in your case there is no need to maintain books of accounts.

But it is always benificial to maintain books of accounts. because maintaing books of accounts also help to analyse business position.

Hi,

in your case no need to maintain the books of account however it is always advisable to maintain the books of account.