Audit objections and settlement thereof

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....hether an objection should be treated as settled as soon as rectificatory action has been taken, without waiting till the collection of the additional demand ascribable to the audit objection. A large number of Revenue Audit objections are shown as pending even after rectificatory action because the collection of consequential additional demand is delayed due to either time having been allowed to ....

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.... been taken and additional demand raised, but this is subject to the following conditions: (i) The P.A.C. (Fifth Lok Sabha) in para 2.79 of their 50th Report have recommended for issuing " suitable instructions to the Commissioners that where an audit objection has been accepted by the Department either at the Commissioner's level or at the Ministry's level, any order of Appeals preferred, if s....