Keeping books of accounts

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

05 May 2016 Dear Experts,
As per sec 128 of company
Act. How long we have to keep
The book of accounts safe,

Regard
Umesh jha

CA R SEETHARAMAN (Expert)
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05 May 2016 The books of accounts for 8 preceding years has to be kept.

Querist : Anonymous

Querist : Anonymous (Querist)

05 May 2016 assume the books of accounts of AY 2016-17
we have to keep it safely till AY 2024-25... right

CA R SEETHARAMAN (Expert)
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05 May 2016 Yes you are right..........

Querist : Anonymous

Querist : Anonymous (Querist)

05 May 2016 Sir.. which deptt. Will not ask for
Books of accounts after 8 year
Weather income tax or excise & ST

Querist : Anonymous

Querist : Anonymous (Querist)

05 May 2016 Sir.. which deptt. Will not ask for
Books of accounts after 8 year
Weather income tax or excise & ST

CA R SEETHARAMAN (Expert)
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05 May 2016 Assessment completed they will not ask books of ac after 8 years.

Querist : Anonymous

Querist : Anonymous (Querist)

05 May 2016 In our case for AY 2015-16 assessment has
Been done after the assessment is there
Any possibility of asking for books of accounts
By IT

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