Time period for preserving records for ca

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Mohammed Dalal (Querist)
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15 December 2011 Dear Sir/s,
As per ICAI- Council's decision of 1957, A CA should preserve records relating to Audit and other work done by them, routine correspondence and other work and other papers for a Minimum of 10 years.

However,our principle says that the same has been changed to a period of 8 years.

Please help with reference to Council decision and the year, if possible.

Thanks you

Professional Careers Academy

Professional Careers Academy (Expert)
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18 December 2011 hello dalal g, as per Statement on quality control 1, a ca is required to maintain working papers for a period of 7 years.
rgds,
CA Jatin Bansal
Chandigarh

Mohammed Dalal

Mohammed Dalal (Querist)
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19 December 2011 Dear Sir
As per Standard on Quality Control 1 point 83, it is mentioned that the retention period ordinarily is no shorter than 10 year.

Can you please mention any reference in the said standard regarding 7 years?