senior audit assistant
82 Points
Joined January 2011
yes you can. the rule under section 44AE is;
if you have the total no. of vehicles less than 10 during the previous year you can cliam your income at
heavy goods vehicle-per vehicle rs.5000
other than heavy goods vehicle-per vehicle rs.4500
the turnover does not matter
you can disclose the higher income
if you want cliam at less income other than rs.5000 or rs.4500 then you have maintain books of accounts as per section 44aa and get it audit under section 44ae