For how many yrs one should kept his books of accounts audited or not(in case of a business not covered u/s 44AF)??
please provide the link also for reference..........
3 Replies
CA. Nuba Subzwari
(CHARTERED ACCOUNTANT)
(501 Points)
Replied 15 April 2010
kisiko pata hi nahi kya???????
V.Saradha
(Accounts Officer)
(24 Points)
Replied 15 April 2010
All assesses are required to maintain specified books of account for a period of 6 years from the end of relevant assessment year, e.g., the books of previous year 2000-2001 is required to maintain up to 31.03.2008.
Aditya Maheshwari
(CA in Practice)
(35867 Points)
Replied 15 April 2010
As per rule 6F of Income Tax Rules books of account and other documents specified shall be kept and maintained for a period of six years from the end of the relevant assessment year:
Recent Topics
- Form 3CEAB
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
- ITC reversal in GST 3B
Related Threads
CAclubindia
