https://www.taxtmi.com/highlights?id=69079 Addition u/s 68 - assessee is not required to maintain proper books of accounts since he has opted for presumptive taxation u/s 44AD - Since the assessee is admittedly not required to maintain the books of account, therefore, there is no basis for invoking the provision of section 68 - we delete the addition made for unexplained sundry creditors - AT en-us Wed, 05 Apr 2023 08:58:12 +0530 Tue, 04 Apr 2023 23:31:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=69079 Addition u/s 68 - assessee is not required to maintain proper books of accounts since he has opted for presumptive taxation u/s 44AD - Since the assessee is admittedly not required to maintain the books of account, therefore, there is no basis for invoking the provision of section 68 - we delete the addition made for unexplained sundry creditors - AT Highlights Income Tax Wed, 05 Apr 2023 08:58:12 +0530 https://www.taxtmi.com/highlights?id=69079