Audit of Telecom Companies

Last updated: 16 November 2010


Audit of Telecom Companies

 

Director General Audit, Post & Telegraph had suggested that since the Private Service Providers (PSPs) are resisting to submit their books of accounts for C&AG audit, the licence agreement between DoT and the PSPs may be amended in conformity with TRAI Rules 2002, enabling C&AG to audit PSPs in clear and plain manner. Director General Audit, Post & Telegraph has subsequently mentioned that with the allocation of 3G Spectrum lined up to start from September 2010, amendment to the existing license conditions to provide for roll out obligation of 3G services, payment of additional spectrum charges etc. are imperative. In view of the above, the Director General Audit, Post & Telegraph has reiterated for incorporating the enabling clauses for CAG audit in the licence terms and conditions of Telecom Operators. 



However, the issue regarding powers of CAG to Audit accounts of PSPs is sub-judice before judicial foras. Therefore, as per legal advice, any change in the agreement may be considered only after the issue is finally adjudicated upon. 


The Ministry of Law & Justice has opined that the CAG has no duty or power to challenge policy decisions taken by the Government. 



The above opinion of the Ministry of Law & Justice was conveyed to the Director General Audit, Post & Telegraph. 



This information was given by Minister of State for Communications & Information Technology, Shri Sachin Pilot in written reply to a question in Lok Sabha today. 




News posted by

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


Comments



More »


Popular News





CCI Pro



Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details