https://www.taxtmi.com/manuals?id=1153 Maintenance of books of account is required for specified professions and for businesses or other professions meeting prescribed income, turnover, or presumptive-tax conditions. The rules prescribe the books and documents to be kept, including cash book, journal, ledger, supporting bills, receipts, and, for medical professionals, a daily case register and inventory. They also provide exemptions below specified thresholds, require books to be kept at the proper place of business or profession, impose electronic accessibility and India-based backup requirements, and prescribe retention for seven tax years, subject to reopened assessments. en-us Tue, 15 Sep 2015 11:36:00 +0530 Thu, 07 May 2026 15:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1153 Maintenance of books of account is required for specified professions and for businesses or other professions meeting prescribed income, turnover, or presumptive-tax conditions. The rules prescribe the books and documents to be kept, including cash book, journal, ledger, supporting bills, receipts, and, for medical professionals, a daily case register and inventory. They also provide exemptions below specified thresholds, require books to be kept at the proper place of business or profession, impose electronic accessibility and India-based backup requirements, and prescribe retention for seven tax years, subject to reopened assessments. Manuals Income Tax Tue, 15 Sep 2015 11:36:00 +0530 https://www.taxtmi.com/manuals?id=1153