https://www.taxtmi.com/circulars?id=52555 Revision strengthens supervisory oversight and reporting for settlement of Revenue Audit objections: CCIT/DGIT must review monthly performance, submit annexed proforma reports, reconcile CAP II and quarterly statistics, and monitor remedial actions and action against erring officers. CsIT/DsIT must ensure Internal Audit precedes Revenue Audit, provide LARs to CIT (Audit), avoid bunching of replies, keep correspondence approving remedial action in files, observe timelines for initiation and completion of remedial orders, hold monthly review meetings and coordinate quarterly with the external audit office. en-us Thu, 31 Oct 2013 00:00:00 +0530 Tue, 11 Jun 2024 15:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52555 Revision strengthens supervisory oversight and reporting for settlement of Revenue Audit objections: CCIT/DGIT must review monthly performance, submit annexed proforma reports, reconcile CAP II and quarterly statistics, and monitor remedial actions and action against erring officers. CsIT/DsIT must ensure Internal Audit precedes Revenue Audit, provide LARs to CIT (Audit), avoid bunching of replies, keep correspondence approving remedial action in files, observe timelines for initiation and completion of remedial orders, hold monthly review meetings and coordinate quarterly with the external audit office. Circulars Income Tax Thu, 31 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52555