How many years Books of Accounts should kept
This query is : Resolved
17 June 2011
Dear
Please tell me How many years should maintain books of accounts & related documents for Income Tax purpose ?
Please tell me How many years should maintain books of accounts & related documents for Income Tax purpose ?
17 June 2011
Minimum 6 Years of Books shall be Kept as per Income Tax Act and For Companies Act as Per Section 209(4A) it is minimum 8 Years.
Regards
Ankit Gulgulia
Regards
Ankit Gulgulia
Message likes :
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18 June 2011
As per the provisions contained in Companies Act,1952, book of accounts shallbe kept for the period of 8 years.
(Ref. Company Audit II)
(Ref. Company Audit II)
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