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Books of Accounts

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(Querist)
28 July 2009 For whom is it necessary to maintain books of Accounts?
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Ankur Garg

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Ankur Garg (Expert)
28 July 2009 Hi,

As per Section 209 of the companies Act, 1956 it is required by a company to maintain proper books of accounts at its registered office.

Regards
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Sambu Suresh

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Sambu Suresh (Expert)
28 July 2009 as per the income tax if your turnover crosses 40 Lacs a year, you need to maintain books of accounts.
as per service and excise duty collection and payment details need to be maintained.
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