Accounts to be audited in certain cases

Accounts to be audited in certain cases In respect of any particular year, the gross turnover of a dealer exceeds Rupees fifty lakh or such other amount as may be prescribed, then such dealer shall get his accounts in respect of such year audited by an accountant within six months from the end of that year and obtain within that period a report of such audit in the prescribed form duly signed and verified by such accountant and setting forth such particulars as may be prescribed.