Site navigation

Hina wants to store income tax records of the last three years in electronic form. However, she is not…

Under Section 7 of the IT Act, records may be retained in electronic form only if they remain accessible and usable, are kept in a format that accurately represents the…

Choose your answer

Hina wants to store income tax records of the last three years in electronic form. However, she is not sure whether it will satisfy legal requirement should there be a need to produce those records at a later date before appropriate authority. Advise her by selecting the most appropriate answer.

Select one answer
Answer and explanation

Correct answer C

Under Section 7 of the IT Act, records may be retained in electronic form only if they remain accessible and usable, are kept in a format that accurately represents the information, and can be accurately reproduced later, so "She can store the records in electronic form only if they are retrievable, usable and can be accurately reproduced at a later date".

Practice for these exams

Related exam syllabi

Related questions in this topic