https://www.taxtmi.com/acts?id=3300 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. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 01 Jul 2025 12:51:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3300 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. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3300