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Maintenance of Books

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29 December 2009 Is there any rule that an assessee should maintain his books for certain no. of years if he is liable to maintain u /s 44 AB
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
29 December 2009 Assessees are required to preserve the specified books of account for a period of 6 years from the end of the relevant assessment year, i.e., for a total period of 8 previous years.

Transfer Pricing documents and information specified under Rule 10D must be maintained for a period of 8 years from the end of the relevant assessment year, i.e., for a total period of 10 previous years.
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P.G.Sudharshan

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P.G.Sudharshan (Querist)
30 December 2009 thk u sir
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