under Delhi Value Added Tax Act, 2004 - TaxGuru

Part AaUDIT aND SPECIaL aUDIT(Under DVAT Act, 2004)Audit can be conducted u/s 49,Proviso to Section 49, 58 and 58A.A.I AUDIT UNDER SEcTIoN 49 & PRoVISo To SEcTIoN 49 (oLD)(VALID TILL 17.06.2012)Section 49If, in respect of any particular year, the gross turnover of a dealer exceedsthe sum prescribed u/s 44AB of the Income Tax Act. 1961, then, such dealershall get his accounts in respect of such year audited by an accountantwithin a period of nine months from the end of that year and obtain withinthat period a report of such particulars as may be prescribed under Section44AB of the Income Tax Act, 1961(43 of 1961), as amended from time totime, and a true copy of such report shall be furnished by such dealer to theCommissioner within twenty eight days from the end of the tax period endingon 31 st December of the following year:PROVIDED that in a case where the dealer is required under Section44AB of the Income Tax Act, 1961 (43 of 1961) to get his accounts audited,it shall be sufficient compliance with the provisions of this Section if suchdealer gets his accounts audited under the said Section 44 AB of the IncomeTax Act, 1961 (43 of 1961) and the rules framed thereunder and furnishes towww.taxguru.in