EA - 2000 ADUT QUARY
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Time limit for excise audit: audits follow prior audit periods, but authorities may reopen earlier years within limitation.
Audit practice follows consecutive coverage of periods, with auditors generally not re-auditing previously audited years; however, if disputes arise during the current audit the department may reopen and raise demands for earlier periods subject to a five-year limitation and the audit authority's power to call for additional records. (AI Summary)
Audit practice follows consecutive coverage of periods, with auditors generally not re-auditing previously audited years; however, if disputes arise during the current audit the department may reopen and raise demands for earlier periods subject to a five-year limitation and the audit authority's power to call for additional records. (AI Summary)
R/SIR, Today EA-2000 audit continue last 15 days , my question is that there is timelimit for audit done by Excise auditor ? Is Audit superitendent ask all past year records for scrutiny ? We had recd clear audit report for past audit & pending audit is only period ( Sept-2009 to oct-2010 ). Pl.Suggest SNEHAL SHAH
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