Section 44AA

  • 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