Dakshina Bharat Hindi Prachar Sabha Act : ACCOUNTS AND AUDIT Indian Bare Acts :

Dakshina Bharat Hindi Prachar Sabha Act,1964

Act No : 14

Section : ACCOUNTS AND AUDIT

SECTION 05: ACCOUNTS AND AUDIT

( 1 ) The Sabha shall maintain proper accounts and other relevant records and prepare an annual statement of accounts including the balance-sheet insuch form as may be prescribed by the Central Government.

(2) The accounts of the Sabha shall once at least in every year. be audited by a chartered accountant in practice within the meaning ofthe Chartered Accountants Act. 1949-, to be appointed annually by the Sabha:

Provided that no member of the Sabha who is a chartered accountant or a person who is in partnership with such member, shall be eligible for appointment as an auditor under this section.

(3) Every auditor shall, in the performance of his duties, have at all reasonable time access to the registers, books ¯of account, records and other documents of the Sabha or of any committee, council, board or branch of the Sabha.

(4) As soon as may be practicable at the end of each year, the auditors shall submit their report to the Sabha and shall also forward a copy thereof to the Central Government for its information.