Prompt reply to audit memos required; notify status, accept or dispute figures swiftly and report prior disclosures. Instruction requires Income Tax Officers to give a prompt written reply to audit memos from Revenue Audit, either accepting figures after verification or promptly pointing out discrepancies and informing Revenue Audit of the factual position; prior disclosures by the assessee or Internal Audit must also be communicated, and laxity will be viewed adversely.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Prompt reply to audit memos required; notify status, accept or dispute figures swiftly and report prior disclosures.
Instruction requires Income Tax Officers to give a prompt written reply to audit memos from Revenue Audit, either accepting figures after verification or promptly pointing out discrepancies and informing Revenue Audit of the factual position; prior disclosures by the assessee or Internal Audit must also be communicated, and laxity will be viewed adversely.
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