9911796707
TMI BlogExpeditious settlement of audit objections timely submission of replies to Half Margin Notes of Audit Parties instructions regarding.X X X X Extracts X X X X X X X X Extracts X X X X ..... control, supervision and monitoring of the audit objections was emphasized by the PAC. It was also desired that ways and means should be devised for achieving a more effective and well coordinated system for the expeditious settlement of audit objections. 2. It was observed by the Public Accounts Committee that one of the main reasons for such a large pendency was that the time limits and the procedure laid down by the Board for dealing with Receipt Audit Objections were not being adhered to by the field officers, especially at the half margin (Audit Memo) stage. It was also pointed out that though several instructions had been issued by the Department laying down the procedure for dealing with Receipt Audit objections, 1 proper monitoring ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r, observed that the prescribed procedure and time limit laid down in the abovesald instructions are not being adhered to by the field officers. At the half Margin and the draft Audit Inspection Report stage, relies invariably given by the assessing officers are that the objection "will be looked into" etc. You will kindly appreciate that such replies only delay the settlement of audit objections and must be avoided. Instead, if prompt replies to the audit objections are given on receipt of the half margin Note or the draft Audit Inspection Report (as envisaged in the above said Instructions), a large number of objections could be settled at the Initial stage itself, before the same are included in the LAR or are converted into Draft Paras. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... esaid departmental Instructions have not been followed and in consultation with the DC (Range)/CIT, ensure that appropriate action is taken and the requisite replies are sent to the Audit. In case of persistent or repeated lapses on the part of an assessing officer, the DC (Audit) should bring the same to the notice of the concerned CIT for taking necessary action against him, under intimation to the DI (Audit). iv. The CsIT should personally ensure that the Performae Report, sent under their signatures in all Draft para cases, are complete and coreect in all respects. In column 2 of Proformace Report, Part "6", the requisite details regarding the Audit memo and the LAAR should be given clearly stating the reasons for the delay in sending ..... X X X X Extracts X X X X X X X X Extracts X X X X
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