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
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
- DELIVERY GOLD & SILVER AND OTHER ETF TRADING PROFIT AS BUSINESS INCOME
- GSTR-1A How to update Invoice
- Clubbing of Income - Minor
- Regarding Individuals Retuned to India and Resident currently
- Excess salary payment.
- 3cd- cash system of accounting is allowed?
- ERROR IN DEPRECIATION CALCULATION IN PREVIOUS YEAR COMPANY'S BOOKS
- Provision for loans that are under Revenue Recovery
- Form 121-contradictory opinions
- APPLICABILITYOF GST ON STUDENT HOSTEL FEES
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
