Maintaining of books for new manufacturing company

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Querist : Anonymous

Querist : Anonymous (Querist)

29 December 2014 what are the compulsory books to be maintained by an accountant in an newly established manufacturing company?

CA Parul Saxena

CA Parul Saxena (Expert)
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30 December 2014 Maintain accounts in tally or other software....entries are done in purchase, sale , excise duty and vat ledgers....Excise records are maintained like Rg registers, PLA registers.

Rupesh Jain

Rupesh Jain (Expert)
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30 December 2014 AS PER COMPANY AND INCOME TAX ACT YOU HAVE TO MAINITAING ALL BOOK. VOUCHER, SUPPORTING AND RECORD WHICH REQURIED TO JUSTIFY EACH ENTRY IN BOOKS OF ACCOUNTS.
you can see u/s 44AA of the income tax act.

under company act see below

www.simpletaxindia.net/2014/05/provisions-relating-to-accounts-of.html

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