alleryStart learning →When does the Section 36 retention period start running?
ADate the invoice is issued
BEnd of financial year
CDue date of annual return
DDate of registration
Answer & Solution
Correct answer: C. Due date of annual return
The seventy-two months are counted from the due date of furnishing the annual return for the year of those accounts.
Keep practising Accounts and Records in GST
Browse all Accounts and Records in GST questions for CA Inter, or explore more Taxation topics.
Related questions
Electronic data stored on devices must be authenticated by what?Works contract accounts must show description, value and quantity of what?Free samples and gifts of goods are reflected in which account?Section 36 of the CGST Act covers which subject?Which sub-section of Section 35 allows an alternative way of keeping accounts?Which sub-section of Section 35 lets the Commissioner notify additional accounts?Records by warehouse owners fall under which sub-section of Section 35?A taxpayer fails to account for goods under Section 35(1). Who determines the tax?