Record retention mandates taxable persons keep accounts for the statutory period, extended after appeals or investigations. Registered taxable persons must retain books of account and other records for the statutory retention period counted from the due date for filing the Annual Return for the year to which those records pertain. If the person is party to an appeal, revision, proceeding or is under investigation for an offence under Chapter XIX, records related to that subject matter must instead be retained until one year after final disposal of the matter or for the general statutory period, whichever is later.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Record retention mandates taxable persons keep accounts for the statutory period, extended after appeals or investigations.
Registered taxable persons must retain books of account and other records for the statutory retention period counted from the due date for filing the Annual Return for the year to which those records pertain. If the person is party to an appeal, revision, proceeding or is under investigation for an offence under Chapter XIX, records related to that subject matter must instead be retained until one year after final disposal of the matter or for the general statutory period, whichever is later.
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