Books of accounts and financials in USD

[Velayutham Panchatcharam]

I am working in MNC located in SEZ which is branch of foreign company and reporting currency is rupees. Please advice somebody whether we can maintain books and financials in USD to report to Income tax, ROC and other statutory bodies.

AI Summary

Employee in Special Economic Zone seeks to maintain financials in USD for tax and regulatory reporting. An individual working at a multinational corporation in a Special Economic Zone, which is a branch of a foreign company, seeks advice on whether they can maintain their books and financials in USD for reporting to Income Tax, the Registrar of Companies, and other statutory bodies, despite their reporting currency being in rupees.