Audit by tax authorities can be initiated with prior notice and may trigger assessment proceedings if discrepancies are found. The Commissioner or an authorised officer may audit any registered person at their premises or the officer's office after giving prescribed advance notice; the officer may access books and require information and assistance. The audit must be completed within a prescribed time subject to a single recorded extension; the proper officer must promptly communicate findings, reasons and rights to the audited person. Detection of unpaid or short paid tax, erroneous refunds or wrongful input tax credit use may lead to initiation of statutory recovery and assessment 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 be initiated with prior notice and may trigger assessment proceedings if discrepancies are found.
The Commissioner or an authorised officer may audit any registered person at their premises or the officer's office after giving prescribed advance notice; the officer may access books and require information and assistance. The audit must be completed within a prescribed time subject to a single recorded extension; the proper officer must promptly communicate findings, reasons and rights to the audited person. Detection of unpaid or short paid tax, erroneous refunds or wrongful input tax credit use may lead to initiation of statutory recovery and assessment proceedings.
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