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<h1>Section 44AA: Mandatory Bookkeeping for Specified Individuals Effective from April 1, 1976, per Income-tax Act.</h1> Section 44AA of the Income-tax Act, 1961, mandates the maintenance of books of accounts by specified individuals, effective from April 1, 1976. The Central Board of Direct Taxes clarifies that the obligation to maintain such books and documents applies to accounting years starting on or after this date. This information is directed to all Commissioners of Income-tax to ensure that the relevant officers are informed and comply with the requirements.