Chartered Accountant
6085 Points
Joined November 2011
As per Companies Act, books are to be preserved for atleast 8 years immediately preceding the current year.
Under the SEBI (Stock Brokers and sub-brokers) Regulations), 1992, books must be maintained for a minimum period of 5 years.
Income Tax Act prescribes a period of 6 years from the end of the relevant assessment year
Central Excise law prescribes a period of 5 years from the end of the relevant financial year for maintenance of Daily Stock Account (Rule 10)