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Documents that have to be retained for 6 years within accounts?

This question probably relates to income tax act 1961 India. Any authority on tax laws will be a competent person to answer this question.However, so far I know the documents of income and expenditures on the basis of which income tax returns filed every year by a person is to be retainedfor six years after the date of final assessment is made. But in some cases the income tax authorities do you believe the statement of accounts submitted by a person and put the case under scrutiny query and the period of premiums


What are different types of bank accounts?

In India: Savings Account Current Account Fixed Deposits account Recurring Deposits account DEMAT Account etc.


Can you open the RBI current account for company?

RBI Stands for Reserve Bank of India. RBI is the central bank of India and they supervise the banking operations in the country. They do not provide banking accounts to individuals or company's So, the answer to your question is - No, you cannot open a current account for your company at RBI.


What does RTGS means?

It refers to Real Time Gross Settlement It is a service offered by the Reserve Bank of India to process high value cash transactions safely between two accounts.


Procedure for opening of Bank Account for Blind Person in India?

The procedure for opening of bank account for blind person in India dictates that they cannot open an independent account. They are required to open a joint account with a sighted person.

Related Questions

What documents is required for yellow fever vaccination in india?

Passport, visa airticket


What are the documents required for export from India?

we want open a branch office in Kenya, we are manufacturers of led torches and led home lightnings. we want open branch office there, wt are documents we need to provide, and and how much local taxes we need pay there.


How many email accounts in India?

adyfsat.com


What documents are required for registering an NGO as a Trust in India?

For registering an NGO as a Trust, the following documents are typically required: Trust Deed: The main instrument of the trust which includes details about the trustees and the objectives of the trust. Proof of Registered Office Address: Address proof of the registered office of the trust. Identification Documents of Trustees: Copies of PAN cards and address proofs of the trustees. Photographs: Recent passport-sized photographs of the trustees.


What documents are required to open Demat account in India?

Photo identity proof/passport/Driver's licence/pan card. 2 address proof/ration card/Telephone bill


What documents did ancient India have?

find it yourself bozos


What is DMAT?

A DEMAT stands for a De-Materialized account. This is a special type of account that is required in India to trade in the Indian stock exchanges NSE and BSE. There are many banks like ICICI, HDFC etc that offer DEMAT accounts to citizens of India.


What is the process of registering an NGO as a Society in India?

The process of registering an NGO as a Society in India involves the following steps: Selection of a Unique Name: Ensure the proposed name of the society is unique and not already in use. Preparation of Memorandum of Association (MOA) and Rules and Regulations: Draft the MOA and the rules and regulations of the society. Submission of Documents: Submit the MOA, rules and regulations, affidavits, and required documents to the Registrar of Societies in the respective state. Payment of Fees: Pay the required registration fees. Verification and Registration: The Registrar verifies the documents and, upon satisfaction, issues a Certificate of Registration.


What documents are required for home loan application in India?

To avail a home loan from an Indian Bank you will have to submit your personal, financial and bank account details along with ID,Age,Address proofs.


How many Gmail accounts are there in India actually?

100 million


How many types of accounts are there in state bank of India?

hundreds


Which Documents Required for Private Limited Company Registration in India?

Following is the list of all the vital documents required for Private Limited Company Registration in India: List of documents related to the designated Director of the Company: Aadhar and PAN Card of the Directors; Latest passport-sized photos of all the proposed Directors; Identity proof of the Directors; Address proof of the Directors. List of documents related to the Company: Proof of registered office of the Company. The following documents must be submitted as address proof of the Company: Rental Agreement or Tenancy Agreement between the landlord and Company; Letter/NOC from the Landlord of their permission to use the premise or office as the company’s registered office; Sale Deed of the Company premise in the Company’s Name; MoA & AoA of the Company.