Income-Tax & CTP Q10

0. Every person entering into specified domestic transactions shall keep and maintain documents relating to such transactions for a period of from the end of the relevant assessment year.

  • Option : C
  • Explanation : In view of Rule 10D, every person entering into specified domestic transactions shall keep and maintain documents relating to such transactions for a period of 8 years from the end of the relevant assessment year.
    Thus, option (c) is the correct option.
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