https://www.taxtmi.com/circulars?id=9980 Audit objections are to be treated as settled once appropriate rectificatory or revisionary action is taken and an additional demand is raised, notwithstanding delayed or outstanding recovery. This settlement is conditional on following the Accounts Committee's guidance on Commissioners' instructions, Internal Audit's responsibility to monitor recoveries and report specifically on audit-related recoveries/refunds, and the preservation of the Auditor-General's ability to raise draft paras where further scrutiny is warranted. en-us Sat, 20 Jan 1973 00:00:00 +0530 Mon, 13 Jun 2011 12:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9980 Audit objections are to be treated as settled once appropriate rectificatory or revisionary action is taken and an additional demand is raised, notwithstanding delayed or outstanding recovery. This settlement is conditional on following the Accounts Committee's guidance on Commissioners' instructions, Internal Audit's responsibility to monitor recoveries and report specifically on audit-related recoveries/refunds, and the preservation of the Auditor-General's ability to raise draft paras where further scrutiny is warranted. Circulars Income Tax Sat, 20 Jan 1973 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9980