Maintaining books of accounts in electronic form

14th November 2016

Dear Members

In Form AOC-4 as well as in XBRL there is a column which states "whether company is maintaining books of accounts and other relevant books and papers in electronic form" - Yes or No"

Some of the companies I work for are maintaining books of accounts in "Tally Software". However cash vouchers, bank vouchers, bills....etc are maintained in physical mode. 

In such situation what is the answer we should select in Form AOC-4 - Yes or No.

with regards

Muralidharan