Section 44AA

  • Income Tax

Section 68 to 69B applicable only if assessee is required to maintain books of accounts

Provisions of section 68 to 69B applicable only if assessee is required to maintain books of accounts under provisions of…

2 days ago
  • Income Tax

Assessing agriculture income as business no basis for penalty u/s 271A for non maintaining books

Assessing agriculture income as business income no basis for imposing penalty u/s 271A as it would not ipso facto lead…

1 year ago
  • Income Tax

Increase in threshold limit-books of accounts maintenance us 44AA for Individuals and HUF. New threshold for income 2.5 lakhs and for turnover Rs. 25 lakhs

Increase in threshold limit-books of accounts maintenance us 44AA for Individuals and HUF. New threshold for income 2.5 lakhs and…

7 years ago