Professionlals' taxable profit

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A professional having gross receipts less than 50 Lakhs and not maintaining books. He will show net profit 50% before Depreciation as per new Budget. Pl. guide , whether he is right ?
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without books depriciation ?? how it can be claimed?

 

read more at /experts/what-is-the-limit-for-books-of-account-maintain--421115.asp


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