Books of accounts

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how many years should we maintain books of accounts. as per companies act 2013
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Originally posted by : Rohini L
how many years should we maintain books of accounts. as per companies act 2013

# Books of Accounts along with vouchers shall be kept by every Company for 8 preceding Financial Years.
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# The Company in existence less than 8 years, shall maintain books in respect of all such preceding years.
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# If the Central Government has ordered an investigation on the Company, it should maintain the books for such longer period as directed in this regard.
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- Section 128(5) of the Companies Act, 2013.

for 8 years preceeding the current finacial year.However CG may require you to maintain it for longer period

Thanks for the update sir.


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