https://www.taxtmi.com/acts?id=10861 Maintenance of accounts is required to enable computation of total income under the Code and persons entering into international transactions must keep prescribed information. The obligation applies to specified professionals and to other business persons meeting or likely to meet prescribed income or turnover thresholds. The statute lists required books and documents-cash book, journal, ledger, inventory register, serially numbered bills and receipts, original bills for certain expenditures and payment vouchers-and empowers the Board to prescribe additional books, required particulars, form, manner, place of maintenance, and retention periods. en-us Thu, 20 Aug 2009 12:31:28 +0530 Thu, 20 Aug 2009 12:31:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10861 Maintenance of accounts is required to enable computation of total income under the Code and persons entering into international transactions must keep prescribed information. The obligation applies to specified professionals and to other business persons meeting or likely to meet prescribed income or turnover thresholds. The statute lists required books and documents-cash book, journal, ledger, inventory register, serially numbered bills and receipts, original bills for certain expenditures and payment vouchers-and empowers the Board to prescribe additional books, required particulars, form, manner, place of maintenance, and retention periods. Act-Rules Bills Thu, 20 Aug 2009 12:31:28 +0530 https://www.taxtmi.com/acts?id=10861