Careful examination of objections raised by Audit.

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....ised by Audit and issue of instructions for initiation of most appropriate remedial action in cases where the revenue effect exceeded Rs. 25,000 in income-tax and Rs. 5,000 in other direct tax cases. The IACs were made responsible for similar action in income-tax cases with a revenue exceeding Rs. 10,000 but less than Rs. 25,000 and in other direct tax cases with a revenue effect exceeding Rs. 1,0....

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....t irregularities pointed out by Audit requiring their personal attention. 2. The Board have noticed a fairly large number of cases of objections involving considerable revenue where remedial action has been unduly delayed although the mistakes pointed out were obvious. It has also been noticed that internal audit has also been raising a large number of objections involving substantial revenue, in....