a person(trader) hold the old accounting books for how many last previous years in I.t, gst and other acts.
Kollipara Sundaraiah (B.com) (2984 Points)
07 July 2019a person(trader) hold the old accounting books for how many last previous years in I.t, gst and other acts.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 07 July 2019
Originally posted by : kollipara sundaraiah | ||
a person(trader) hold the old accounting books for how many last previous years in I.t, gst and other acts. |
Normally 6 years...
But., Still required for verification...
Kollipara Sundaraiah
(B.com)
(2984 Points)
Replied 07 July 2019
Mallika
(CA Final Student)
(39 Points)
Replied 07 July 2019
Under IT Act- 6 yrs from the end of A.Y
Under Companies Act- 8 yrs from the end of F.Y
Under GST- 72 months from the last date of filing of Annual Return for that year