very difficult question
vishu (accountant) (224 Points)
16 August 2018
Ruchika Somani
(Coaching and Practice in Tax Audit Law.)
(4429 Points)
Replied 16 August 2018
In ITR 4 also you can fill data of Income from House property.
So its fine if you choose ITR 4 over 3
Avtar Singh
(363 Points)
Replied 16 August 2018
Ruchika Somani
(Coaching and Practice in Tax Audit Law.)
(4429 Points)
Replied 16 August 2018
vishu
(accountant)
(224 Points)
Replied 17 August 2018
Ruchika Somani
(Coaching and Practice in Tax Audit Law.)
(4429 Points)
Replied 17 August 2018
Books of accounts maintanance limits for individual and HUF is > 1.5lac total income or 25lac total turnover.
So if above conditions fulfill then yes its necessary to maintain books