Audit & Accounts

 

Books of Accounts

Requirements as to Service Tax

1. What, Which, How should I keep my books of Accounts?

The single contributing factor for the success of modern day business is the double entry system. Prior to that the accounting systems that were followed were diverse and lacked proper system. The double entry system of accounting is in its present from more than 700 hundred years.

Books of Accounts

Requirements in Companies Act, 1956

1. Where should I keep my books of Accounts?
Ans. Every Company should keep its books of accounts at the Registered Office of the Company. [Sec. 209(1)]