|22. Audit M VAT ACT|
(1)With a view of promoting compliance with the provisions of this Act, the Commissioner may arrange for audit of the business of any registered dealer. For the purpose of this section, the selection of dealers for audit shall be made from amongst the dealers,—
(a) who have not filed returns by the prescribed dates; or
(b) who have claimed refund of tax; or
(c) where the Commissioner is not, prima-facie, satisfied with the correctness of any return filed by a dealer or is not satisfied with any claim made, deduction claimed or turnover disclosed in any return filed by the dealer; or
(d) who are selected by the Commissioner on the basis of the application of any criteria or on a random selection basis; or
(e) where the Commissioner has reason to believe that detailed scrutiny of the case is necessary.
(3) On the appointed day or, as the case may be, at anytime within the aforesaid period, any officer to whom the powers and duties under this section have been delegated, by the Commissioner, in writing, may conduct audit of the business.
(For the above subsection (3) the following subsection (3) is substituted by the MaharashtraAct No. XXXII of 2006 Dt. 05.08.2006)
(3) On or after the appointed day any officer to whom the powers and duties under this section have been delegated, by the Commissioner, in writing, may conduct audit of the business.
(The above sub-section (3) is deleted by the Maharashtra Act No. XXV of 2007 Dt. 06.08.2007)
(5) (a) During the course of the audit, the officer may require the dealer,—
(i) to afford him the necessary facility to inspect such hooks of accounts or other documents as he may require and which may he available at such place,
(ii) to afford him the necessary facility to check or verify the cash or stock which may be found therein. And
(iii) to furnish such information as he may require as to any matter which may he useful for or relevant to any proceedings under this Act.
(b) The officer conducting the audit shall on no account remove or cause to he removed any books of accounts, other documents or any cash or stock.
Agarwal Taxcon Pvt. Ltd. an ISO 9001:2008 Certified Company are offering our servicesinTaxation,Accounting, FinancialManagement, Consultancy and Advisory Services to various Corporates and Commercial Clients, MNC and Non-MNC as well NGOs and charitable institutions in India and abroad. Our company provides wide range of services with robust infrastructure and latest technology. The ATPL, professionals are involved in almost every aspect of business today from the corporate responsibility and sustainability to advisory services in India and abroad. We also offer a wide range of fully integrated tax and financial advisory services. Our approach combines insight and innovations from multiple disciplines with business and industry knowledge to help your company excel globally.
We have a stated policy of ensuring that quality services are offered to our clients, irrespective of their location and size. We have achieved this by bringing the professional and analytical skills, to every single assignment, that are developed through the academic backgrounds, internal training, ongoing professional education and engagement experience of our members internal training, ongoing professional education and engagement experience of our members.
Our practice and service discussed is driven by the aim of establishing long-term relationships with our clients. Our professionals at Agarwal Taxcon discuss the queries and doubts of the clients and find the best possible and most advantageous solution. Our services includes-