Income Tax Rules, 2002

CHAPTER-VII

DOCUMENTATION AND CO UNTRY-BY-COUNTRY REPORTING REQUIREMENTS RECORDS AND BOOKS OF ACCOUNTS PART-II BOOKS OF ACCOUNT PRESCRIBED

From: 2023-11-01 - To: 0000-00-00 1[30A. Electronic tax register.- A person required to use an electronic tax register shall - (a) install the electronic tax register (ETR) within seven days of its authentication by Commissioner holding jurisdiction over such case and obtain a register identification number (RIN) for permanent affixture on the Electronic tax register; (b) use the electronic tax register to record only his own sales and ensure that each sale is made through it and print the receipt of each sale containing the information in accordance with sub-rules (3) and (4) of rule 29 and rule 30, and to deliver the original receipt to the purchaser; (c) in case of non-availability for use of the electronic tax register, the sales may be recorded with the use of a substitute electronic tax register, duly authenticated by the Commissioner; (d) prepare a daily and a monthly Accounting report containing the information as prescribed in Chapter VII of these rules; (e) ensure that the electronic tax register operates correctly with particular regard to correct programming of the names of goods and services and the…