https://www.taxtmi.com/article/detailed?id=5336 Section 128 requires companies to keep proper books of accounts, related papers and financial statements showing receipts, expenditures, sales, purchases, assets and liabilities on an accrual basis and by double entry to give a true and fair view for each financial year. Branches must maintain comparable books and provide summarized returns. Books are to be kept at the registered office unless the board decides otherwise and notifies the Registrar. Electronic maintenance is permitted. Designated officers are responsible for compliance and face criminal and monetary sanctions for failures. en-us Mon, 28 Oct 2013 18:23:43 +0530 Fri, 15 Nov 2013 14:35:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5336 Section 128 requires companies to keep proper books of accounts, related papers and financial statements showing receipts, expenditures, sales, purchases, assets and liabilities on an accrual basis and by double entry to give a true and fair view for each financial year. Branches must maintain comparable books and provide summarized returns. Books are to be kept at the registered office unless the board decides otherwise and notifies the Registrar. Electronic maintenance is permitted. Designated officers are responsible for compliance and face criminal and monetary sanctions for failures. Articles Corporate Laws / IBC / SEBI Mon, 28 Oct 2013 18:23:43 +0530 https://www.taxtmi.com/article/detailed?id=5336