TAXPAYERS LIABLE to Maintain BOOKS OF ACCOUNTS in Income Tax I Section 44AA I CA Satbir Singh
TAXPAYERS LIABLE to Maintain BOOKS OF ACCOUNTS in Income Tax I Section 44AA I CA Satbir Singh
Tag Archives: Books of Accounts
Books of Accounts to be maintained under Income Tax Act
Books of Accounts to be maintained under Income Tax Act What books of account have been prescribed to be maintained by a person carrying on business/profession under the Income-tax Act? The Income-tax Act does not prescribe any specific books of account for a person engaged in business or in non-specified profession. “books or books of… Read More »
BOOKS OF ACCOUNT OF COMPANY
BOOKS OF ACCOUNT OF COMPANY OBLIGATION OF THE COMPANY TO MAINTAIN BOOKS OF ACCOUNT Provisions relating to accounts of companies are dealt with under Chapter IX (sections 128 to 138) of the Companies Act, 2013 (hereinafter referred to as ‘the Act’/’the 2013 Act’). Section 128(1)/(2) of the Act deals with obligations of company to maintain… Read More »