Court Rules Against Retrospective Audits on Unregistered Entities; Emphasizes Timely Compliance with Audit Guidelines. https://www.taxtmi.com/highlights?id=73882 Jurisdiction to conduct audit - the petitioner's registration is cancelled, now he is an unregistered concern - On perusing Section 65, it is stated that the audit can be conducted to the said registered persons “for such period”, “for such frequency” and “in such manner”. When a Section provides for periodical audit, the respondent having failed to conduct audit for all these years, suddenly cannot wake up and conduct an audit. - HC en-us Mon, 01 Jan 2024 10:37:54 +0530 Mon, 01 Jan 2024 10:37:54 +0530 TaxTMI RSS Generator Court Rules Against Retrospective Audits on Unregistered Entities; Emphasizes Timely Compliance with Audit Guidelines. https://www.taxtmi.com/highlights?id=73882 Jurisdiction to conduct audit - the petitioner's registration is cancelled, now he is an unregistered concern - On perusing Section 65, it is stated that the audit can be conducted to the said registered persons “for such period”, “for such frequency” and “in such manner”. When a Section provides for periodical audit, the respondent having failed to conduct audit for all these years, suddenly cannot wake up and conduct an audit. - HC Highlights GST Mon, 01 Jan 2024 10:37:54 +0530 https://www.taxtmi.com/highlights?id=73882