Accounting records for tally software

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Kollipara Sundaraiah (Querist)
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23 October 2021 Sir,
Sec 44ada professional income
person it returns filed in f.y.20-21.accounting records maintained tally accounting software used.
Question:
1.assess accounting records
Daybook and ledger book copies Print out only or and cash book print out compulsory
Or
2.tally data backup only.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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24 October 2021 Take digital print out of the accounts including cash book.
For your records always take back ups.

CMA Poornima Madhava

CMA Poornima Madhava (Expert)
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24 October 2021 Print-outs (hard copies) are not compulsory. If you have backup of tally data, you may generate any report as and when you need it.

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