How long should financial records be kept?
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| Income Tax Act | |
| Wealth Tax Act | |
| Companies Act | |
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How long should financial records be kept?
Replies (1)
Income Tax Act - 6 Years - Sec 44AA read with Rule 6F
Wealth Tax Act - No such requirement as far as I know.
Companies Act - 8 Years - Sec 209
Delhi VAT Act - 7 Years - Sec 48
Central Excise - 5 Years - Rule 10 of Central Excise
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