https://www.taxtmi.com/circulars?id=54343 Modification directs that correct audit objections on fact or law must be accepted and remedial action initiated; officers must initiate remedial measures promptly and complete orders within administrative timeframes. If the PCIT/CIT does not accept an objection, they must record reasons and inform the audit authority, and no remedial action is required. Adverse first appellate orders involving audit objections must be scrutinised and appeals should not be preferred where the order is justified, with reasons recorded for not filing appeal. en-us Thu, 17 Mar 2016 00:00:00 +0530 Fri, 18 Mar 2016 10:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54343 Modification directs that correct audit objections on fact or law must be accepted and remedial action initiated; officers must initiate remedial measures promptly and complete orders within administrative timeframes. If the PCIT/CIT does not accept an objection, they must record reasons and inform the audit authority, and no remedial action is required. Adverse first appellate orders involving audit objections must be scrutinised and appeals should not be preferred where the order is justified, with reasons recorded for not filing appeal. Circulars Income Tax Thu, 17 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54343