https://www.taxtmi.com/circulars?id=10317 Commissioners must personally examine significant audit objections and issue instructions to ITOs within one month of the local Audit Report; Range Inspecting Assistant Commissioners must do likewise for lower-threshold matters. The choice of remedial action-rectification under section 154, reassessment under section 147, or revision under section 263-must be carefully considered to protect revenue and improve prospects of sustaining action on appeal; routine recourse to section 154 is to be discontinued. en-us Mon, 24 Feb 1975 00:00:00 +0530 Mon, 13 Jun 2011 15:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10317 Commissioners must personally examine significant audit objections and issue instructions to ITOs within one month of the local Audit Report; Range Inspecting Assistant Commissioners must do likewise for lower-threshold matters. The choice of remedial action-rectification under section 154, reassessment under section 147, or revision under section 263-must be carefully considered to protect revenue and improve prospects of sustaining action on appeal; routine recourse to section 154 is to be discontinued. Circulars Income Tax Mon, 24 Feb 1975 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10317