14. Accounts to be maintained by dealers

(1) Every dealer liable to tax under this Act shall subject to such conditions as may be prescribed, maintain books of accounts including purchase and sale records.

(2) The account books prescribed under sub section (1) shall be preserved by the dealer for a period of nine years from the last date of the expiry of the year.

(3) If the account books prescribed under sub section (1) are not available or the method of accounting adopted is not regular or is such that true and correct turnover cannot be determined therefrom the Assessing Authority shall determine it according to best of his judgement.