Access to business premises: authorised officers may inspect records and digital systems; occupiers must produce requested records within prescribed timeframe. Authorised officers (not below Joint Commissioner) may access any business premises of a registered person to inspect physical and digital books, ... Summary
Access to business premises: authorised officers may inspect records and digital systems; occupiers must produce requested records within prescribed timeframe.
Authorised officers (not below Joint Commissioner) may access any business premises of a registered person to inspect physical and digital books, documents, programs and other items for audit, scrutiny and revenue protection. The person in charge must, on demand, furnish declared records, trial balance, audited annual accounts where required, cost audit reports, income-tax audit reports and other relevant records to the authorised officer, audit party or nominated chartered/cost accountant for scrutiny within the prescribed period or any extension allowed by the inspecting authority.
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