ca  having gross receipts of rs 14 lac and maintaing books  wants to show profit as 4.20 lac ,is it possible to show like this or he is supposed to show minimum 50% of receipts as profit for fin year 16-17.by showing a income before giving a benefit of sec 80c and 80d etc.,is he suppose to maintain books also  then how can he show that he is having a income of 420 lac but paying a tax on rs 7 lac...harish gambhir 9811055514......harishganbhir14@gmail.com