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Audit Report Requirement: proviso applied from cut-off date, mere CA certificate insufficient and penalty for non-filing upheld.

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....Assessee was required to file the statutory auditor report under the proviso applicable from the specified cut-off date for the assessment year 2022-23; mere submission of a CA certificate did not satisfy the audit-report requirement, and the assessee could not treat the proviso as retrospectively inapplicable for its convenience. Because the auditor report was not filed as prescribed, penalty for non-compliance was held justified and the appeal dismissed.....

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Audit Report Requirement: proviso applied from cut-off date, mere CA certificate insufficient and penalty for non-filing upheld.