on presumptive basic we don't need to maintain books of accounts earlier. now as per new changes for ay 2020-21 we need to give details of cash and Bank balance. so we need to maintains books of accountant? please clarify
Though books cannot be demanded for verification, assesse will be required to fill the cash and bank data; as such tentatively it will be required to be recorded.
Leave a Reply
Your are not logged in . Please login to post replies