What are the Rules and and Regulations should follow for Finalization of Accounts as per Income Tax

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What are the Rules and and Regulations should follow for Finalization of Accounts as per Income Tax

Kindly Provide any Material or Checklist for beginners

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Accounting concepts should be followed for preparation of accounts and income tax act is followed for preparation of income heads under that PGBP sections are followed for preparation of accounts for business and professions
AS PER INCOME TAX ACT FINALIZATION MUST BE CARRIED OUT. DEPRECIATION SCHEDULE MUST BE CALCULATED.

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