Audit by tax authorities can prompt assessment and recovery proceedings when tax discrepancies are detected under statutory rules. The Chief Commissioner or authorised officers may audit registered persons at their premises or office after giving at least fifteen working days' notice; officers may inspect books, verify records and require information and assistance. Audits must normally finish within three months of commencement, subject to a written extension of up to six months by the Chief Commissioner; commencement is when requested records are made available or audit is instituted. The proper officer must communicate findings, reasons and rights within thirty days, and detected discrepancies permit initiation of statutory assessment and recovery proceedings.
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 by tax authorities can prompt assessment and recovery proceedings when tax discrepancies are detected under statutory rules.
The Chief Commissioner or authorised officers may audit registered persons at their premises or office after giving at least fifteen working days' notice; officers may inspect books, verify records and require information and assistance. Audits must normally finish within three months of commencement, subject to a written extension of up to six months by the Chief Commissioner; commencement is when requested records are made available or audit is instituted. The proper officer must communicate findings, reasons and rights within thirty days, and detected discrepancies permit initiation of statutory assessment and recovery proceedings.
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