Under Section 56 of the Income Tax Act, the ZRA requires these certificates to ensure that the accounts presented by a business provide a "true and fair view" of its profits.
Specifically detailing dividends, trading income, and other miscellaneous revenue. itf 56b zra
Keep a log of all income sources, including those that might seem minor, as Section 56 acts as a "catch-all" for residual income. Under Section 56 of the Income Tax Act,