Student CA IPC / IPCC
85 Points
Posted on 24 March 2017
Hi,
In this case Section 44ADA is not applicable since gross receipts above Rs.50 Lakhs.
So, it is required to keep and maintain the books of account under section 44AA and get audit under section 44AB.
Thanks
Regars
Vineet Kumar
Mob.+91-7770010353