Limit for maintenance of books of accounts by Individual & HUF w.e.f AY 2018-19
CIRCULAR No. 2/2018 Dated 15.02.2018 22. Increasing the threshold limit for maintenance of books of accounts in case of Individuals and Hindu undivided family. 22.1 Before amendment by the Act, the provisions of clause (i) and clause (ii) of sub-section (2) of section 44AA of the Income-tax Act casted an obligation on every person carrying on… Read More »