A person carrying specified profession will have to maintain books of account prescribed by Rule 6F of the Income-tax Rules, 1962, if gross receipts are more than ₹1,50,000 for

CS Executive · Tax Laws and Practice · PYQS · June 2015
A person carrying specified profession will have to maintain books of account prescribed by Rule 6F of the Income-tax Rules, 1962, if gross receipts are more than ₹1,50,000 for
(A) All preceding 5 years
(B) Any of the preceding 5 years
(C) All preceding 3 years
(D) Any of the preceding 3 years.

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Income Tax

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