Sayed Nabil (385 Points)
20 June 2021
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 20 June 2021
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 20 June 2021
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 20 June 2021
For income tax assessments. You need records for that. Gst law prescribes 5 years.
And in today's digital age keep all your data in digital formats. Easy to store and handle
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 20 June 2021
8 years is prescribed as per law and as per gst that should be 5 years
prasad Nilugal
(3914 Points)
Replied 20 June 2021
prasad Nilugal
(3914 Points)
Replied 20 June 2021
72 months ( 6 yeras ) from the due date of furnishing of annual return for the year pertaining to such accounts and records .
veerendar singh
(tax consultant)
(3301 Points)
Replied 20 June 2021
Kunal Mittal
(FINANCE OFFICER)
(580 Points)
Replied 22 June 2021
if you were an assessee in VAT regime and any of your assessments are pending. then due date is 5 years from such assessments.
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