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Home » Frequently Asked Questions » Income Tax » Taxable Income

Do I have to maintain any records or proof of earnings?

Submitted by navin on Wed, 10/22/2008 - 13:27
  • Taxable Income

For every source of income you have to maintain proof of earning and the records specified under the IT Act. In case, no such records have been laid down, you should maintain reasonable level of records with which you can support the claim of income.

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