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You might need to maintain tax returns records for seven years

Once you file the ITR, you can receive a ‘scrutiny notice’ for assessment under section 143 (2) of the I-T Act. Such a notice can be received within 6 months of the end of the assessment year.Maintaining tax records for past several years can help in calculating the applicable tax for assets purchased a long time ago such as shares or real estate
Source: money

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