A person got around Rs. 4 Lakh income from Partnership firms (Int. on Capt. and Remuneration). Hardly 55000/- is income from Profession. Is Books of Accounts to be maintained u/s 44AA even though Income from Business other than from partnership firm is less than Rs. 1.5 Lakhs for AY 2016-17??
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Maintenance of books of accounts
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No it's not required
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