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of <h1>CBDT Updates Proforma Report Format for 1975-76 Audit; Commissioners Must Verify Facts Promptly for C&AG Audit Objections.</h1> The circular from the Central Board of Direct Taxes (CBDT) dated August 24, 1976, revises the proforma report format to be used by Commissioners of Income-tax when submitting draft paragraphs proposed by the Comptroller and Auditor General (C&AG) of India for the Audit Report of 1975-76. The revised form requires prompt and accurate verification of facts by the Commissioners, as the Board must respond to the C&AG's audit objections within six weeks. The proforma report is crucial as it underpins all communication with the C&AG and the Public Accounts Committee (PAC).
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