Accounts Books to Keep

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..... Accounts Books to Keep
Query (Issue) Started By: - Ajay Kedia Dated:- 19-12-2011 Last Reply Date:- 15-3-2012 Income Tax
Got 1 Reply
Income Tax
Please let me know the minimum nos. of year' .....

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..... s books of acccounts ( alongwith all supporting documents) to be kept for records as per I.T ACT in case of private firms , manufacturing unit. Is it 5+1 , 6+1 or 10+1 years. regards Ajay Reply B .....

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..... y Naveed S: The Reply: For indirect taxes, it is 5 + 1 . For Income Tax, i am of the view that it is 7+1. Such periods are same both for private firms as well as for manufacturing units..
Discu .....

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..... ssion Forum - Knowledge Sharing .....

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