Procedure for remedial action in cases where Revenue Audit Objection is accepted

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..... o, All the Pr. Chief Commissioners of Income Tax, All the Pr. Director General of Income Tax (Investigation) Sub: Procedure for remedial action in cases where Revenue Audit Objection is accepted reg. Kind attention is invited to the process prescribed in para 5.3 to 5.6 of Board s Instruction no. 7/2017 dated 21.07.2017 for objections raised by Revenue Audit where objection is a .....

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..... in case of accepted audit objection shall be initiated within three months and shall he completed within further period of six months from initiation, The objection shall he treated as settled once the intimation of completion of remedial action and issue of demand notice is given to concerned CAG officer. 2. Thus, the prescribed procedure requires the PCIT to decide if the order with respe .....

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..... pellate stage. 4. In view of the above, all the field authorities are requested to ensure that the procedure prescribed in Instruction No. 7/2017 is followed scrupulously and remedial action is taken under appropriate section of the IT Act. 1961 alter due application of mind. 5. This issues with approval of Member (Audit Judicial), CBDT. Yours faithfully, (Nitesh Kumar) .....

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