Legal Question in Tax Law in India

a) for how many years income tax department is supported to keep records of a firm ?

b) under which rule can income tax department eliminate some records.


Asked on 5/24/11, 3:26 am

1 Answer from Attorneys

TULAJAPPA KALBURGI TULAJAPPA KALBURGI

The books of account and other document such as carbon copies receipts, bills etc. are required to be preserved for a period of 6 years from the end of the relevant assessment year Section 44AA and Rule 6F

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Answered on 6/15/11, 11:14 am


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