CAG can audit private telcos, says High Court

n an order which can have wide ramification for corporate India, the Delhi High Court on Monday ruled that the Comptroller and Auditor General can audit revenues of private companies if they have an impact on Government’s income.

Though the court ruling came in the context of telecom operators, experts say the CAG can use the ruling to look into the books of any company that pays tax to...

CAG can audit private telcos, says High Court