Books of Account & Vouchers are not required in 44AD return: ITAT Deletes Addition u/s 69A of Income Tax Act [Read Order]

By Fathima Karama A.M - On October 18, 2023 4:30 pm - 2 mins read
Books of Account-Vouchers - Required - 44AD return-ITAT Deletes - Income Tax Act-TAXSCAN

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has deleted the addition under Section 69A of the Income Tax Act 1961, holding that the books of account and vouchers were not required in return filed under Section 44AD of the Income Tax Act. A search & seizure operation on Faquir Chand Lockers and Vaults…

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