Amendment status not verified — confirm the current text below against the official source.
(I) The Board shall maintain proper accounts and other relevant records and prepare an annual statement of accounts and the balance sheet in such form and in such manner as may be prescribed. (2) by such this behalf persons as the Government may appoint in this behalf. (3) The accounts of the Board as certified by such auditor together with the audit report thereon shall be forwarded annually to the Government before such date as the Government may specify in this behalf, (4) The auditors appointed under sub-section (2) shall in relation to such audit,generally have such rights , privileges and authority as may be prescribed, and shall demand the production of books, accounts, vouchers and other documents in connection with the audit and to inspect any office of the Board. (5) The Board shall comply with such directions as the Government, after perusal of the report of the auditors, may issue as think fit. Annual Report and Returns