Practice free →
HomeCA IntercorporatelawsBooks Preservation Period › Books of account of a company must be kept for a…

Books of account of a company must be kept for at least:

Answer & Solution
Correct answer: A.
1. Section 128(5) — books of account and supporting vouchers must be preserved for not less than 8 financial years immediately preceding a financial year. 2. Inspection orders may extend this period. 3. Hence (C). _Source: ICAI BoS CA Inter Paper 2 — Accounts of Companies_
Solve this in the app — CA Inter practice & 24k+ MCQs →