TaxTMI Login
Just a moment...
AI-powered research trained on the authentic TaxTMI database.
Launch AI Search →Powered by Weblekha - Building Scalable Websites
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Acts & Rules
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of Press 'Enter' after typing page number.
<h1>Method of accounting governs tax computation: cash or mercantile system, with standards and AO power to reassess.</h1> Income from business, profession or other sources is to be computed according to the cash or mercantile system regularly employed; the Central Government may notify income computation and disclosure standards for classes of assessees or income, and where accounts are incorrect, incomplete, irregularly followed, or not in accordance with notified standards, the Assessing Officer may make assessment by the alternative assessment procedure for unreliable accounts.
TaxTMI 
TaxTMI 
