https://www.taxtmi.com/manuals?id=3936 A person carrying on business or a non-specified profession must maintain books of account and documents enabling the Assessing Officer to compute total income where prescribed income or turnover thresholds are exceeded; companies follow Companies Act requirements and ICAI Accounting Standards. Professionals in specified professions must keep prescribed books when annual professional receipts exceed the statutory threshold applicable to such professions, with detailed provisions set out in the statutory maintenance requirement and associated rules. en-us Thu, 21 Dec 2023 14:45:00 +0530 Thu, 04 Jan 2024 15:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=3936 A person carrying on business or a non-specified profession must maintain books of account and documents enabling the Assessing Officer to compute total income where prescribed income or turnover thresholds are exceeded; companies follow Companies Act requirements and ICAI Accounting Standards. Professionals in specified professions must keep prescribed books when annual professional receipts exceed the statutory threshold applicable to such professions, with detailed provisions set out in the statutory maintenance requirement and associated rules. Manuals Income Tax Thu, 21 Dec 2023 14:45:00 +0530 https://www.taxtmi.com/manuals?id=3936