Applicability of section 44aa

Dear Dinu 

if an assessee is opting to go with sec 44ad then 44aa does not apply on the same and no need to maintain his books of a/c. 

the behind this is to gain tax from those people who run their small business and want to take the benefits of filling of return. Also by this they have made easier for people to pay taxes i.e 8% of turnover. Government has also issued itr-4s for the same. (in few words if i say : to make it simple and to collect some taxes on the same)

i hope this will give a little idea.

Regards