Amendment status not verified — confirm the current text below against the official source.
(1) Where the Commissioner, for reasons to be recorded in writing, has reason to believe that a dealer has furnished incorrect statement of his turnover of purchases or turnover of sales or incorrect particulars of his purchases or sales in any return furnished by such dealer under sub-section (1) of section 32, he may verify the statement and particulars furnished in such return with reference to the accounts, registers or documents maintained or kept by such dealer. (2) If upon verification of return made under sub-section (I), the Commissioner is not satisfied that the returns furnished by a registered dealer are correct and complete, he shall proceed to make assessment of the dealer as prescribed in section 46. (3) No verification shall be made under sub-section (1) after the assessment of the dealer is initiated under section 46.