Power to inspect accounts

(1) The assessing authority or any officer authorized by the Commissioner may enter and inspect the premises, accounts, registers, or documents of a dealer to ensure compliance with the provisions of this Act. (2) The dealer shall provide all necessary facilities for such inspection. (1) The Commissioner may. either before or after initiating of proceedings under section 9. accept from a person charged with an offence under section 9 or under any rule made under this Act by way of compounding of the offence, a sum not exceeding Rs. 10,000 and where the offence charged was likely to cause or caused evasion of any amount of tax payable under this Act, a sum not exceeding three times of such amount. whichever is higher. (2) On payment of such sum as may be determined by the Commissioner no further proceeding shall be taken against the person in respect of such offence. (1) The Commissioner may, either before or after initiating of proceedings under section 9, accept from a person charged with an offence under section 9 or under any rule made under this Act by way of compounding of the offence, a sum not exceeding Rs. 10,000 and where the offence charged was likely to cause or caused evasion of any amount of tax payable under this Act, a sum not exceeding three times of such amount, whichever is higher. (2) On payment of such sum as may be determined by the Commissioner no further proceeding shall be taken against the person in respect of such offence.