https://www.taxtmi.com/acts?id=6848 Duties of a receiver require furnishing security as directed, maintaining true and regular accounts including a cash book and numbered counterfoil receipt book, opening a receivership bank account and depositing all receipts promptly, making payments by cheque where practicable, paying amounts as directed by the Tax Recovery Officer, submitting periodic accounts to the Tax Recovery Officer, and being responsible for losses caused by wilful default or gross negligence. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 13 Mar 2009 10:03:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6848 Duties of a receiver require furnishing security as directed, maintaining true and regular accounts including a cash book and numbered counterfoil receipt book, opening a receivership bank account and depositing all receipts promptly, making payments by cheque where practicable, paying amounts as directed by the Tax Recovery Officer, submitting periodic accounts to the Tax Recovery Officer, and being responsible for losses caused by wilful default or gross negligence. Act-Rules Direct Taxes Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6848