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No books of account

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(Querist)
18 October 2014 dear sir
in AY 13-14 commission income RS 324500 filled itr-4 as books of accounts case, now in AY 14-15 he only got commission 82356, so can now file it as NO BOOKS OF ACCOUNTS CASE? ADVICE THANKS......
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Soumitra Basu

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Soumitra Basu (Expert)
20 October 2014 Yes, you can file in no books of accounts and estimate the income.
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MALAY DAS

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MALAY DAS (Querist)
22 October 2014 dear sir
thanks for replies. do I need to prepare balance sheet. or only show in no account case balances? please advice....thanks.
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Soumitra Basu

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Soumitra Basu (Expert)
22 October 2014 You need not prepare any Balance Sheet. But you must show the cash in hand in no books of accounts column.

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