How many years Books of Accounts should kept
This query is : Resolved
17 June 2011
Dear
Please tell me How many years should maintain books of accounts & related documents for Income Tax purpose ?
Please tell me How many years should maintain books of accounts & related documents for Income Tax purpose ?
17 June 2011
Minimum 6 Years of Books shall be Kept as per Income Tax Act and For Companies Act as Per Section 209(4A) it is minimum 8 Years.
Regards
Ankit Gulgulia
Regards
Ankit Gulgulia
Message likes :
1 times
AMIT BHARADWAJ
(Expert)
18 June 2011
As per the provisions contained in Companies Act,1952, book of accounts shallbe kept for the period of 8 years.
(Ref. Company Audit II)
(Ref. Company Audit II)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- EPF ECR NEW RULES Sep 17th 2026
- MSME disclosure and disallowance
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
