Record keeping
This query is : Resolved
SANJEEV AGGARWAL
(Querist)
30 May 2014
with regard to income tax and sales tax department, for how many years the books of accounts should be kept in case of partnership firm or proprietorship firm.
Deepti Asawa
(Expert)
30 May 2014
As per INCOME TAX ACT Books of accounts and other documents are to be kept for at least 6 years from the end of relevant assessment year
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Rupesh Jain
(Expert)
31 May 2014
as income tax act 6 year of relevant assessment year. and under sales tax act, each state have different- 2 year recored required.
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