regading sec 44AD and sec. 44AA

Dear Shakti,under return U/S 44AD maintenance of books of account is not required if Income declared is upto or higher than 8% of the Gross receipts..

However,,to claim below the 8% of Gross receipts than the Books u/s 44AA and Audit u/s44AB mandatorily required.

Dear Shakti,

U/S 44AD If Income is higher than 8% of the Gross receipts. Then there is no any requirment to maintain of books of a/cs US 44AA

OTHERWISE, If  INCOME CLAIM  below the 8% of Gross receipts than the Books u/s 44AA and Audit u/s44AB mandatorily required.

Originally posted by : ANKUR KUMAR
	Dear Shakti,under return U/S 44AD maintenance of books of account is not required if Income declared is upto or higher than 8% of the Gross receipts.. However,,to claim below the 8% of Gross receipts than the Books u/s 44AA and Audit u/s44AB mandatorily required.

agree SIR.............