Period of retention
- Every registered person required to maintain records for 72 months from the due date of furnishing of annual return for the year pertaining to such accounts and records.
- In case of proceedings or investigation, the registered person to retain records for a period of one year after final disposal of such proceedings or investigation or 72 months from the due date for filing annual return pertaining to such records, whichever is later.
- In case such records are maintained manually, to be kept at every related place of business of the registered person for the above period. In case such records are maintained digitally, they are to be accessible at every related place of business for the above period.