Maintenance of books of account for specified professionals required, except where presumptive taxation under Section 44ADA applies. Maintenance of books of account is required for persons engaged in specified professions regardless of gross receipts or income, except where the ... Summary
Maintenance of books of account for specified professionals required, except where presumptive taxation under Section 44ADA applies.
Maintenance of books of account is required for persons engaged in specified professions regardless of gross receipts or income, except where the presumptive taxation scheme has been opted. Specified professionals listed include legal, medical, engineering, architectural, technical consultancy, interior decoration, film artists, authorized representatives, accountancy, company secretaries, and information technology practitioners.
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