As per income tax act
anand sharma (157 Points)
22 December 2019
how many years kept book of accounts and rules if any section or act please tell
anand sharma (157 Points)
22 December 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160342 Points)
Replied 23 December 2019
Under IT act....For domestic transaction books can be opened upto 6 years from the relevant Assessment years, i.e for last 8 FYs; while for international transactions it goes upto 16 Assessment Years...
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