25 March 2017
IF WE ARE NOT MAINTAINING BOOKS OF. ACCOUNT IN CASE OF INDIVIDUALS HAVING INCOME FROM PROFESSION then how we can show debtor and creditor balance can we show it in approximately
25 March 2017
If your profession falls within prescribed professions under section 44AA than maintenance of books will be mandatory. Otherwise you may show debtors and creditors in ITR-4 under no accounts case.