Below is an important brief on Revenue website in relation to inspection of document and records.#
Revenue Information Powers
Section 119 FA 2012 amended section 912A (information for tax authorities in other countries) to provide for the inclusion of section 905 (inspection of documents and records). It also amended subsection (3) of section 912A so that the definintion of “taxpayer” for exchange of information purposes now includes classes of taxpayer and is no longer restricted to named persons only.
Please refer to Part 38-04-04