Dear Frds, As per income tax how long we have to keep The books of accounts safe? Regards Amit
From India, Jaipur
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Glidor
651

where no case or demand is pending, it is 6 years after close of previous accounting year.

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Sir weather such rule defined the companies act. Also if so? What will be the rules in respect of keeping books safely,
From India, Jaipur
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Glidor
651

Rule 6F(5) provides that the books of accounts and other documents are to be kept for at least 6 years from the end of relevant assessment year.

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Glidor
651

On one side, you post a query under the income tax; on the other side, you comment on the company act. As per the EPF Act, books of accounts and master roll/wages records are to be kept since inception, irrespective of the number of years.

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Glidor
651

as per companies act Rule 3 of 2014 books are to be kept 8 years since the last close of FY

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