(1) The books of accounts and other relevant documents and details related to the annual statement of accounts shall be maintained in electronic mode.
(2) The Authority shall maintain its annual statement of accounts including the balance sheet and the statement of income and expenditure in Form IV along with Schedules 1 to 22 showing the financial results of the previous financial year and submit the same, duly approved by the Authority and authenticated by the Chief Executive Officer and the officer in charge of maintaining the accounts of the Authority, to the Accountant General of Haryana, not later than the 15th May of every year:
Provided that the State Government may, for reasons to be recorded in writing and in consultation with the Accountant General of Haryana, extend the date of submission of the annual statement of accounts, by such period as it may deem necessary.
(3) The Accountant General of Haryana shall endeavor to complete the audit of the annual statement of accounts within a period of two months from the date of submission of the annual statement of accounts to it.
(4) After audit and certification of the annual statement of accounts by the Accountant General of Haryana or any person appointed by him in this behalf, the annual statement of accounts together with the audit report thereon, shall be forwarded to the State Government.
Preparation and submission of annual statement of accounts.