Does the Indian tax authority only accept accounting data for businesses in Tally?

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No It can be from any software
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which will be the next version in Tally ERP?
Next Versions Tally.ERP9 Series B is under development. Please don't confuse with With Version and Release. Version is some thing Big enhancement in Tally where as Release is minor enhancement in the product....
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Is Busy accounting software free?
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Can tally be used in banks?
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