Draft audit para reporting requires revised proforma and prompt verified reports to enable Board response to C&AG. Instruction revises the proforma for Commissioners of Income-tax to report on draft audit paras proposed by the C&AG and requires Commissioners to verify facts carefully and submit the completed reports with utmost expedition, since the Board must communicate its acceptance or otherwise of audit objections within a short statutory period; the proforma report is the basis for all correspondence with the C&AG and the PAC.
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Provisions expressly mentioned in the judgment/order text.
Draft audit para reporting requires revised proforma and prompt verified reports to enable Board response to C&AG.
Instruction revises the proforma for Commissioners of Income-tax to report on draft audit paras proposed by the C&AG and requires Commissioners to verify facts carefully and submit the completed reports with utmost expedition, since the Board must communicate its acceptance or otherwise of audit objections within a short statutory period; the proforma report is the basis for all correspondence with the C&AG and the PAC.
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