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Asked by Sheetal bhasin on :Jun. 27, 2018

How important is it to maintain records and pro...

How important is it to maintain records and proof of earning? What happens if I don't have these ...

How important is it to maintain records and proof of earning? What happens if I don't have these records?

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Chiranjibi Jun. 27, 2018

For every source of income you have to maintain proof of earning and the records specified under the Income-tax Act. In case no such records are prescribed, you should maintain reasonable records with which you can support the claim of income.

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