Tag Archives: Amendment of section 44AA finance bill 2017

Limit for maintenance of books of accounts for Businessmen /Professional w.e.f 01.04.2017

By | February 4, 2017

Limit for maintenance of books of accounts for Businessmen /Professional w.e.f  01.04.2017 Summary :As per Finance Bill 2017 , w.e.f 01.04.2017 FY 2016-17 (AY 2018-19) under Section 44AA of Income Tax Act , every person carrying on any business or profession (other than specified profession of medical, legal, etc.) is required to maintain books of account… Read More »