https://www.taxtmi.com/circulars?id=9066 CsITs and IACs must carefully examine audit objections exceeding prescribed monetary thresholds, record reasons if no instructions are issued, and issue directives to ITOs for appropriate remedial action rather than rely on mechanical rectification. The same supervisory obligations apply to objections from Internal Audit Parties: IAC (Audit) must forward substantial objections promptly to CsIT/Range IACs, and CsIT/IACs must ensure issuance of instructions to ITOs for remedial action within one month of receipt, with necessary follow-up to secure early settlement. en-us Tue, 15 Mar 1977 00:00:00 +0530 Thu, 02 Jun 2011 12:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9066 CsITs and IACs must carefully examine audit objections exceeding prescribed monetary thresholds, record reasons if no instructions are issued, and issue directives to ITOs for appropriate remedial action rather than rely on mechanical rectification. The same supervisory obligations apply to objections from Internal Audit Parties: IAC (Audit) must forward substantial objections promptly to CsIT/Range IACs, and CsIT/IACs must ensure issuance of instructions to ITOs for remedial action within one month of receipt, with necessary follow-up to secure early settlement. Circulars Income Tax Tue, 15 Mar 1977 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9066