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.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
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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