https://www.taxtmi.com/acts?id=52938 Asset management companies must maintain proper books of account, records and documents for each scheme to explain transactions (including inter scheme transactions), support valuations, maintain a complete audit trail, disclose each scheme's financial position, and present a true and fair view; notify the Board of the record location; prepare scheme financials under IND AS unless these regulations require otherwise; preserve records for at least eight years; and apply Eighth Schedule and Board specified accounting policies to report scheme wise asset disposition, performance, and income distribution or accumulation. en-us Fri, 16 Jan 2026 17:15:23 +0530 Sat, 17 Jan 2026 13:02:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=52938 Asset management companies must maintain proper books of account, records and documents for each scheme to explain transactions (including inter scheme transactions), support valuations, maintain a complete audit trail, disclose each scheme's financial position, and present a true and fair view; notify the Board of the record location; prepare scheme financials under IND AS unless these regulations require otherwise; preserve records for at least eight years; and apply Eighth Schedule and Board specified accounting policies to report scheme wise asset disposition, performance, and income distribution or accumulation. Act-Rules SEBI Fri, 16 Jan 2026 17:15:23 +0530 https://www.taxtmi.com/acts?id=52938