https://www.taxtmi.com/highlights?id=42648 Presumptive income - Once the assessee’s income is accepted u/s 44AE, then the provisions of section 44AA and 44AB are not applicable and consequently there can be no default on the part of the assessee for maintaining the regular books of account as well as getting the same audited. en-us Thu, 15 Nov 2018 12:54:08 +0530 Thu, 15 Nov 2018 12:54:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=42648 Presumptive income - Once the assessee’s income is accepted u/s 44AE, then the provisions of section 44AA and 44AB are not applicable and consequently there can be no default on the part of the assessee for maintaining the regular books of account as well as getting the same audited. Highlights Income Tax Thu, 15 Nov 2018 12:54:08 +0530 https://www.taxtmi.com/highlights?id=42648