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TMI BlogOrganisation and coordination of internal audit work.X X X X Extracts X X X X X X X X Extracts X X X X ..... s and it needs streamlining and improving. It has been noticed that many of the important assessments figuring in the Report of the C. A.G. had either not been checked by the Internal Audit Parties. This reflects badly on the Department and subjects it to avoidable criticism in the Audit Report presented by the C. A.G. to the Parliament and in the subsequent discussions in the meetings of the Public Accounts Committee. It is essential, therefore, that the Internal audit organisation of the Department functions effectively and adequately so that by the vigilant watch it exercises, firstly it has a deterrent and reforming effect in the direction of prevention of mistakes and, secondly, it plays a corrective role by checking up on the mistak ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Commissioners/Additional Commissioners, the I.A.C. (Audit) have audit (Revenue and Internal) as their exclusive responsibility. The number of IAC's (Audit) has been increased in the Board's above noted letter No.F. 66/83/72-Ad.VII dated 6th December, 1972 and they have now manageable audit jurisdiction. Even where they have additional jurisdiction over another Charge, there is one or more ITO (Internal Audit) now available in that Charge for exclusive attention to the internal audit work and in matters of urgency, the I.T.O. (Internal Audit) may deal directly with the Additional Commissioner/Commissioner of the charge in this behalf. (d) Under the IAC (Audit) and helping him in his internal audit functions will be the new ITOs (Internal ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . (e) The strength of IAPs has been increased with Board's above-noted letter No.F. 66/83/72-Ad.VII dated 6th December, 1972. This has been done mainly for (i) taking over Estate Duty cases audit also, this work till now having been left to Deputy Controllers of Estate Duty and indifferently treated, (ii) paying adequate attention to 'immediate audit' as prescribed in D.I.(IT)'s circular letter No. M-6/7/72/DIT dated 26.6.72 and (iii) quantifying rectification's wherever feasible on the internal audit objections raised so that the ITO concerned has only to give opportunity to the assessee and finalised the order. The thirty new IAPs are to be headed by Inspectors and these Parties together with those already headed by Inspectors on ad-hoc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mistakes. In view of the new set-up and in the changed context, a more serious view of such lapses should be taken by the Commissioner/Additional Commissioner and the DI(IT) in future. The objective should be that the internal audit is so effective and adequate that there is little scope left for the avoidable comments by Revenue Audit. (c) Where lapses of IAPs are noticed as indicated above and warning given, copy thereof should be placed on the personal file of the official concerned so that in case of further mistakes being noticed. the earlier records can be referred to; the personal file should of course be transferred along with the official wherever he goes. The same procedure should be followed for warnings given to other subordi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Cell should send an acknowledgment to the ITO (Internal Audit) in the forms given in Appendix B of the Supplement for each Internal Audit Report to ensure that all the audit objections are entered in the Audit Objections Register (Page 13 of the Supplement). (iv) Information about the number of pending audit objections, objections received during the month those disposed of and the revenue effect of the objections disposed of and pending should be given in the Monthly Progress Report of the ITO (Appendix CII of the Supplement page 13-now Part L of the Monthly Progress Report.) (v) The ITOs (Internal Audit ) have to arrange a special check of the ITO's Audit Objections Registers with their own Audit Reports sent from 1966-67 onwards and ..... X X X X Extracts X X X X X X X X Extracts X X X X
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