08 May 2016
if income from business shown in itr 4s is more than 120000 and turnover more than 10 lacs then assessee is required to maintain books of a/c under sec 44aa or not
09 May 2016
IT DEPT will not request to provide books of accounts where income offered as per 44AD i.e, Via ITR4S, no books of accounts required to be maintained