Court :
Bombay High Court
Brief :
The Hon'ble Bombay High Court in Kiran Gems Private Limited v. Union of India and Ors. [Writ Petition No. 1135 of 2019, decided onJanuary 29, 2021] quashed the notice/intimation demanding audit of a private entity by Central Excise Revenue Audit ('CERA') and requiring information/records for the period 2015-16 to 2017-18 to the officers of CERA for audit. Held that, Comptroller or Auditor General ('CAG') cannot have jurisdiction to audit the accounts of a non-government entity unless requested by President of India or Governor of the State or Administrator of the Union Territory as prescribed.
Citation :
Writ Petition No. 1135 of 2019, decided on January 29, 2021
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