Which books of accounts are required to be maintained?

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Full Text of the Document

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....ing the previous year) • Cash book • Journal, if books of accounts are maintained according to the mercantile system of accounting • Ledgers • Carbon copies of bills and carbon copies or counterfoil of receipts issued by the assessee of value exceeding Rs. 25 (must be machine numbered or serially numbered) • Original bills issued to the assessee and receipts in respect of ....