44 aa applicability

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 June 2013 Respected Sir/Mam.
if the turnover is 7 lakhs the busines loss 2 lakhs. then there is any need to maintain books of accounts??

Thanks in Advance.

Barish Agrawal

Barish Agrawal (Expert)
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27 June 2013 No need to maintain books of accounts u/s 44AA.

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