Cleaning & Maintenance of Books of Accounts on the occasion of Diwali!

CA Umesh Sharma | Last updated: 02 November 2020

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As Diwali approaches, it's the perfect time to declutter your business's financial records. Different laws, including Income Tax, GST, and Company Law, have specific requirements for how long you must keep your books of accounts. Understanding these retention periods ensures compliance and simplifies your financial management.

Arjuna (Fictional Character): Krishna, the festival of Diwali is arriving, Housewives (Gruhlaxmis) are busy cleaning and decorating our homes. Accordingly, please explain, what should be done of old records of Books of accounts under various Acts, so that cleaning business places w.r.t. of old books of accounts can be done. Krishna (Fictional Character): Oh thats commendable! Arjuna, in Diwali we should cast off the old things and welcome the new things. Goddess Laxmi is extremely pleased wit

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1999

(Excl. of GST ₹359)

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3499

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3 Months PLAN

999

(Excl. of GST ₹179)

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About the Author

CA Umesh Sharma

Partner

Name: - UMESH RAMNARAYAN SHARMA. Residential Address: - 16, Motisagar, Samarthnagar, Aurangabad. Ph :- 2332846. Mobile:9822079900. Head Office Address: - R.B.Sharma Co. Chartered Accountants. Block No 7-10, 2nd Floor, Shangri-La Complex, Samarth Nagar, Aurangabad. Ph :- 2332511,2338388. Email:- rbsha ... Read more

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