29 March 2009
as per income tax for a businessman how long (upto which year) one should keep books of accounts say as on 31/3/09 1) Purchase bills 2) sales invoice 3) pur.,sale register and ledger 4) expense ledger, bills, vouchers 5) cheq,slip books, bank statements
30 March 2009
As per sec 44AA of IT Act, books of account and documents have to be kept and maintained for a period of six years from the end of the relevant assessment year and notice u/s 147 can be issued upto six years
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