Audit powers permit periodic taxpayer audits with notice requirements and may trigger recovery proceedings. The Commissioner or an authorised officer may undertake audit of any registered person at their business or in office, after prescribed notice; auditors may access books, require information and assistance, and must complete audit within a prescribed period subject to a recorded extension. On conclusion the proper officer must inform the registered person of findings, rights and reasons. Detection of unpaid or short-paid tax, erroneous refunds, or wrongly availed or utilised input tax credit permits initiation of action under section 73 or section 74.
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.
Audit powers permit periodic taxpayer audits with notice requirements and may trigger recovery proceedings.
The Commissioner or an authorised officer may undertake audit of any registered person at their business or in office, after prescribed notice; auditors may access books, require information and assistance, and must complete audit within a prescribed period subject to a recorded extension. On conclusion the proper officer must inform the registered person of findings, rights and reasons. Detection of unpaid or short-paid tax, erroneous refunds, or wrongly availed or utilised input tax credit permits initiation of action under section 73 or section 74.
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