HC Questions CAG’s Authority to Audit Private Entities

Abbott Healthcare Private Limited Vs Excise and Taxation Commissioner And Others (Punjab and Haryana High Court) The Hon’ble High Court of Punjab and Haryana issues notice and grants stay against the said show cause notice. It calls upon Revenue to explain as to how the CAG can conduct audit of a private party/person The recent order passed by the Hon’ble High Court of Punjab and Haryana. The petitioner is a leading pharmaceutical manufacturer. It was issued a letter, styled as DRC-01 SCN, purportedly, on the ground that Comptroller and Auditor General of India has conducted audit and ...