| Originally posted by : CA Astha Goyal | ||
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Dear Negi Sir, I want to ask that is it compulsory to maintain RG 23 A and C manually or excel files would do? |
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concept of allowing computerized data is to ease the process, except DSA(RG-1) which is sensitive document for excise and has to be maintained for each transaction, all such records may be maintained in computer, provided the entries are made on daily basis or on date when the transactions take place.
suppose an officer visit your place and ask to show the balance in RG-23A-Part 2, and reconcile the same with return submitted,
under such situation if the assesee tells that RG-23A part 2 is not ready, then it will lead to evasion, so whatsoever manner the books are maintained, it should be kept ready and updated always.
CAclubindia
