Manish Gupta (CA) (30 Points)
30 January 2012How long should financial records be kept?
| Under | FY |
| Income Tax Act | |
| Wealth Tax Act | |
| Companies Act | |
| DVAT Act | |
| Excise & Service Tax |
Rohit A Kadam
(Chartered Accountant)
(321 Points)
Replied 30 January 2012
Income Tax Act - 6 Years - Sec 44AA read with Rule 6F
Wealth Tax Act - No such requirement as far as I know.
Companies Act - 8 Years - Sec 209
Delhi VAT Act - 7 Years - Sec 48
Central Excise - 5 Years - Rule 10 of Central Excise
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
CAclubindia
