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Requirement of books of account
sir . i am receiving salary from partnership 206000 and receive interest on capital 27584 and share of profit 62962 and other income from canteen 210000 . and my receipt from canteen is 1800000 ... whether am i eligible for maintain of accounts under income tax act
Replies (1)
As such yes. But books for canteen business can be avoided by presumptive assessment.
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