Maintenance of ‑ Keeping accounts on cash or receipts basis - Whether amounts to keeping proper books of account - Companies Law - Letter: No. 8/68(209)/64‑PR,

Letter: No. 8/68(209)/64 ‑ PR, dated 21 ‑ 2 ‑ 1965. Subject:- Maintenance of ‑ Keeping accounts on cash or receipts basis - Whether amounts to keeping proper books of account Keeping the accounts of a company on cash or receipt basis would not amount to keeping proper books of account in terms of the provisions sub‑sections (1), (2) and (3) of section 209.