Presumptive income - Once the assessee’s income is accepted u/s ...
Case Laws Income Tax
November 15, 2018
Presumptive income - Once the assessee’s income is accepted u/s 44AE, then the provisions of section 44AA and 44AB are not applicable and consequently there can be no default on the part of the assessee for maintaining the regular books of account as well as getting the same audited.
View Source