Compliance with provisions of Sec.44AA.

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....hall not be less than two thousand rupees, but which may extend to one hundred thousand rupees. 2. A number of assessee falling within the purview of section 44AA are not maintaining any books of account, and their returns are being accepted or their incomes are being computed on estimate basis. It has been the experience of the department that no penalty proceedings u/s 271A are being initiated ....