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CS Executive · Economic, Commercial and Intellectual Property Laws · Law relating to Foreign Contribution Regulation

Gramin Vikas Samiti, an FCRA certificate holder, filed a required intimation late. The Central Government, after inspecting the intimation, believes the Act is being contravened. Which statement about auditing its books under the Act is correct?

Under Section 20, the Central Government may by general or special order authorise a Group A gazetted officer or another officer, authority or organisation to audit the books. Entry is only between sunrise and sunset, and information obtained stays confidential, used only for purposes of the Act.

  1. AThe Central Government may by order authorise a Group A gazetted officer or other officer, authority or organisation to audit its books, and the information obtained must be kept confidential and used only for the purposes of the ActCorrect
  2. BOnly a chartered accountant appointed by the Samiti may audit the books
  3. CThe auditing officer may enter premises at any hour of day or night
  4. DInformation from the audit may be freely published by the Government

Explanation

Section 20 allows audit by an authorised Group A gazetted officer or other officer, authority or organisation where an intimation is late or defective, or reasonable cause to believe contravention exists. Entry is only before sunset and after sunrise. The proviso requires confidentiality, so free publication is wrong.

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