TMI BlogAddition u/s 68 - assessee has shown its return of income u/s 44AD - it is undisputed fact that the...Addition u/s 68 - assessee has shown its return of income u/s 44AD - it is undisputed fact that the assessee had not maintained books of account that is why he opted for 8% income as per section 44AD - The section also does not put obligation on the assessee to maintain books of account, more so, in view of the fact that his income has been assessed as per section 44AD he cannot be punished for not maintaining the same. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
