New Delhi, May 2 -- If you are a medical professional and your gross receipts exceed Rs.1.5 lakh per year in any of the preceding three assessment years, you should maintain a case register referred as 'Form 25' under the Income Tax (IT) Act, 2025 detailing the fee receipts. Though there is no need to furnish this information at the time of filing IT returns, 'Form 25' is mandatory under the IT Act. Here is a primer on the earning record medical professionals need to keep, which is aimed at curbing under-reporting of professional income.

It is a prescribed daily case register required to be maintained by practitioners of any system of medicine under Rule 46(6) of the Income Tax Rules, 2026. Practitioners of any system of medicine, includ...