44.  Selection of persons for audit.

(1) The Commissioner shall select, on the basis of the parameters as may be laid down by him,   a certain number of persons for audit under section 28 :  

 Provided that the Commissioner may, upon receipt of information or otherwise, select those persons for audit, who, according to him, are required for audit.  

(2) The audit, shall be performed by an officer or a team of officers consisting such officers as may be deemed fit by the Commissioner.  

(3) The commissioner may, keeping in view the nature and complexity of a case and in the interest of revenue, nominate professionals like Chartered Accountants  or Cost Accountants from amongst a panel of such professionals duly approved by the Government, for assistance in performance of audit by  the officers of the department.

(4) The remuneration for the professionals shall be determined by the commissioner based on the turnover of a person required to be audited with the assistance of the professionals. Monetary incentive may also be given in addition to the remuneration, based on the performance and revenue gains.

(5) The audit may be made for one period or for more than one return periods.