Published On May 12, 2024
While filing Income Tax Return (ITR 3) you have to select a section 44AA which ask do you want to maintain books of accounts select yes or no. Taxpayers not aware about the Income tax Rules for Books of Accounts and select yes inadvertently which may lead to Income Tax Notice, so Limits to maintain books of accounts or mandatory requirement to maintain books of accounts as per section 44AA are covered in this video.
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