Section 44AA mandates maintenance of books of account for specified businesses and professions once income or turnover crosses prescribed limits — proper records are essential before tax audit and scrutiny.
What to maintain
- Cash book, ledger, and day books as applicable
- Purchase and sales registers with supporting vouchers
- Stock records for trading and manufacturing units
- Bank reconciliation and fixed asset register
We support via tax audit guide, bookkeeping services, and business tax filing.
