Books of account and compliance records for registered non-profit organisations must be maintained in specified forms and preserved for six years. Registered non-profit organisations required to maintain books and documents under section 347 must keep specified records for accounts, income, ... Summary
Books of account and compliance records for registered non-profit organisations must be maintained in specified forms and preserved for six years.
Registered non-profit organisations required to maintain books and documents under section 347 must keep specified records for accounts, income, application of income, accumulations, corpus donations, loans, properties, and related-person transactions. The records may be maintained in written, electronic, digital, printout or other electromagnetic form, generally at the registered office, or at another place in India by management resolution with written intimation to the Assessing Officer within seven days. The records must be preserved for six years from the end of the relevant tax year, and longer where an assessment is reopened until it becomes final.
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