Tobacco Board Act,1975
Act No : 4
Section : Accounts and audit
19. Accounts and audit. (1) The Board shall maintain proper accounts and other relevant records and prepare an annual statement of accounts, including the 2*[income and expenditure account] and the balance-sheet in such form as may be prescribed by the Central Government in consultation with the Comptroller and Auditor-General of India. (2) The accounts of the Board shall be audited by the Comptroller and Auditor-General of India at such intervals as may be specified by him and any expenditure incurred in connection with such audit shall be payable by the Board to the Comptroller and Auditor-General. (3) The Comptroller and Auditor-General of India and any person appointed by him in connection with the audit of the accounts of the Board shall have the same rights and privileges and authority in connection with such audit as the Comptroller and Auditor-General has in connection with the audit of Government accounts and, in particular, shall have the right to demand the production of books, accounts, connected vouchers and other documents and papers and to inspect any of the offices of the Board. (4) The accounts of the Board as certified by the Comptroller and Auditor-General of India or any other person appointed by him in this behalf together with the audit report thereon shall be forwarded annually to the Central Government and that Government shall cause the same to be laid before each House of Parliament. --------------------------------------------------------------------- 1. Ins. by Act 57 of 1985, s. 8 (w.e.f. 1.12.1985). 2. Subs. by s. 9, ibid. (w.e.f. 1.12.1985). 392
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