| Section | Applicability | Books Required | Audit Required |
|---|---|---|---|
| 44AA | Businesses (>₹25L) / Professionals (>₹50L) | Yes | Only if audit rules apply |
| 44AB | Business (>₹1 Cr) / Professionals (>₹50L) | Yes | Yes, mandatory |
| 44AD | Small Businesses (≤₹2 Cr/₹3 Cr) | No (if declaring 6–8%) | Yes, if lower profit shown |
| 44ADA | Professionals (≤₹50L/₹75L) | No (if declaring 50%) | Yes, if lower profit shown |
| 44AE | Transport (≤10 vehicles) | Simplified | Only if lower income shown |
Digital transactions increase turnover limits & reduce audit needs.