Access to business premises permits inspection of records and electronic systems for audit, scrutiny, verification and revenue protection. Access to business premises authorises an authorised officer to inspect books, documents, computers, software and other relevant items at the registered person's place of business for audit, scrutiny, verification and checks safeguarding revenue interests. The person in charge must, on demand, provide maintained and declared records, trial balance, audited annual financial statements, cost audit report, income-tax audit report and other relevant records. These records are to be produced within fifteen working days, unless a further period is allowed.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Access to business premises permits inspection of records and electronic systems for audit, scrutiny, verification and revenue protection.
Access to business premises authorises an authorised officer to inspect books, documents, computers, software and other relevant items at the registered person's place of business for audit, scrutiny, verification and checks safeguarding revenue interests. The person in charge must, on demand, provide maintained and declared records, trial balance, audited annual financial statements, cost audit report, income-tax audit report and other relevant records. These records are to be produced within fifteen working days, unless a further period is allowed.
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