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"(1') (2) (3) ,' (4) 80 CHAPTER XIII AUDIT The Commissioner or any oflicer authorisedby him, bywayofagengaloraspeaficorder mayundertake audit of any registered person for such period. at such frequencyandinsuchmannerasmaybeprescribed. TheofliCcrs referred to insub-section (1) may conduct audit atthe place of business of the registered persoii'or intheir office. Theregistcredpersonshaflbeinfomedhywayofanofice notless thanfifteen working daysprior tothe conduct of ~ auditinsuchmannerasmaybeprescribed. ' “The audit under sub-section (1) shallbe completed within a period ofthree months from the date of continencernent ofthe audit: Provrded thatwhere theCommissioner issatisfied that audit in respect of such registered person cannot be completed within three months, he may, forthe remnstobe recorded in writing, extend the period by a further period not exceeding six months. Expldndfiom— For the purposes ofthis sub-section, the expression j “commencement of audit” shallmean the dateonwhich the records and other documents, called for by the tax authorities, aremade available by the registered person orthe actualinstitution of auditat the place of business whichever' 15 later. (5) (6) (7) During the course of audit, theauthorised officer may require the registered-person;- (i) to afi'ord him the necessary facility to verify the books of accountor otherdocuments as he may require; (ii) tofurnish suchinformation ashe mayrequire andrenderassistance for timelycompletion of the audit. 0n conclusion of audit, the proper oficer shall, within thirty days, inform the registered person, whose records are audited, about the findings, his rights and obligations andthereasons forsuch findings. Where theauditconducted under sub-section (1) results in detection of tax not paid orshort paid or erroneously refunded, or input tax credit wrongly availed or utilised, the proper oflicer may initiateaction under section 73or section