Sec 44ad

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when Income taxable is computed on presumptive basis under section 44AD which allowes for exemption from maintainance of books of account.

In such a case when filing return of Income is it necassary to give details of sundry debtor ,cash and bank balance ,net profit,stock in trade and trade creditors as no books are maintained.

Replies (1)

Yes Sir, it's required.

for further clarification refer the blog.

https://chotai.blogspot.com/

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