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Question 1. Asked on :22 October 2020:06:58:16 PM

 What is section 209 (4A) in the Companies Act, 1956?

-Added by nisha sheikh Accountancy » Gk Accounting


nisha sheikh

Section 209(4A) in The Companies Act, 1956 states that:

Every company must preserve the books of accounts, together with the vouchers relevant to any entry in such books of account, in good order, relating to a period of not less than 8 years immediately preceding the current year.

So of the Current Year Ending is – March 2020 then, the company needs to store the accounts and vouchers for the following years:

March 2019, 2018, 2017,……, to 2012

-Answered by nisha sheikh On 22 October 2020:06:59:30 PM(21025Average Rating Based on rating)


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