44. Selection of persons for audit.
- (1) The Commissioner shall select, on the basis of the parameters as may be laid down by him, a certain number of persons for audit under section 28 :
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- Provided that the Commissioner may, upon receipt of information or otherwise, select those persons for audit, who, according to him, are required for audit.
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- (2) The audit, shall be performed by an officer or a team of officers consisting such officers as may be deemed fit by the Commissioner.
- (3) The commissioner may, keeping in view the nature and complexity of a case and in the interest of revenue, nominate professionals like Chartered Accountants or Cost Accountants from amongst a panel of such professionals duly approved by the Government, for assistance in performance of audit by the officers of the department.
- (4) The remuneration for the professionals shall be determined by the commissioner based on the turnover of a person required to be audited with the assistance of the professionals. Monetary incentive may also be given in addition to the remuneration, based on the performance and revenue gains.
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- (5) The audit may be made for one period or for more than one return periods.
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