Books of accounts
Rohini L (Practising Chartered Accountant) (34 Points)
14 November 2014
how many years should we maintain books of accounts. as per companies act 2013
Deepak Gupta
(CA Student)
(15922 Points)
Replied 14 November 2014
| Originally posted by : Rohini L | ||
 |
how many years should we maintain books of accounts. as per companies act 2013 |  |
# Books of Accounts along with vouchers shall be kept by every Company for 8 preceding Financial Years.
.
# The Company in existence less than 8 years, shall maintain books in respect of all such preceding years.
.
# If the Central Government has ordered an investigation on the Company, it should maintain the books for such longer period as directed in this regard.
.
- Section 128(5) of the Companies Act, 2013.
CA ANKUSH AGGARWAL
(CHARTERED ACCOUNTANT)
(2782 Points)
Replied 14 November 2014
for 8 years preceeding the current finacial year.However CG may require you to maintain it for longer period
Sathish M
(Management Accountant)
(40581 Points)
Replied 14 November 2014
CAclubindia
