Access to business premises: authorised officers may inspect records and computers for audit, with documents produced within fifteen working days. Officers authorised by the proper officer not below Joint Commissioner may access business premises to inspect books, documents, computers and related material for audit, scrutiny, verification and checks to safeguard revenue; inspection may be carried out by such officers, an audit party deputed by the proper officer, or cost/chartered accountants nominated under section 66. Persons in charge must produce declared records, trial balance, audited annual financial statements where required, cost audit reports, income tax audit reports under section 44AB and other relevant records for scrutiny within fifteen working days or a permitted extended period.
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: authorised officers may inspect records and computers for audit, with documents produced within fifteen working days.
Officers authorised by the proper officer not below Joint Commissioner may access business premises to inspect books, documents, computers and related material for audit, scrutiny, verification and checks to safeguard revenue; inspection may be carried out by such officers, an audit party deputed by the proper officer, or cost/chartered accountants nominated under section 66. Persons in charge must produce declared records, trial balance, audited annual financial statements where required, cost audit reports, income tax audit reports under section 44AB and other relevant records for scrutiny within fifteen working days or a permitted extended period.
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