Access to business premises allows authorised officers to inspect records and computers; persons must produce specified records on demand. Officers authorised by a proper officer not below Joint Commissioner may access a registered person's business premises to inspect books, documents, computers, computer programs and software for audit, scrutiny, verification and revenue safeguards. The person in charge must produce prescribed records, trial balance, audited financial statements where required, cost audit reports and income tax audit reports and any other relevant records for scrutiny within fifteen working days of demand or such further period as allowed by the inspecting officer, audit party or nominated chartered or cost accountant.
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 allows authorised officers to inspect records and computers; persons must produce specified records on demand.
Officers authorised by a proper officer not below Joint Commissioner may access a registered person's business premises to inspect books, documents, computers, computer programs and software for audit, scrutiny, verification and revenue safeguards. The person in charge must produce prescribed records, trial balance, audited financial statements where required, cost audit reports and income tax audit reports and any other relevant records for scrutiny within fifteen working days of demand or such further period as allowed by the inspecting officer, audit party or nominated chartered or cost accountant.
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