Proper books of accounts are maintained under which section ?
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proper books of account maintained under 44aa section
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For preparation of annual accounts the maintenance of proper books of account is a must. Section 128 of the Companies Act, 2013 contains the provisions for books of account etc. to be kept by company.Maintenance of Books of Accounts in Companies Act, 1956. Under the Companies Act, 1956 maintenance of books of accounts is mandatory for every class of companies. Section 209 of the Companies Act talks about maintaining books of accounts and penalties for non – compliance therein.
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