The pendency of Revenue Audit objections awaiting settlement and of Internal Audit objections awaiting rectification

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....ntants General and the remaining 498 with the Department. As many as 296 of the pending Revenue Audit objections relate to the period prior to 1.4.71. For these pending important Revenue Audit objections (which involve tax effect of Rs.10,000 and above in income-tax cases and Rs. 1,000 and above in other tax cases) a time limit of 4 months for settling them was laid down in the D.I.'s. letter No.Aud(Genl)(1)DIT/61 dated 11.9.61 read with Board's letter No.14/2/61-IT dated 26.4.61. (ii) As regards minor Revenue Audit objections the Cs.I.T. were furnished with Board's circular letter No.233/1/73-A&PAC issued in March, 1973, lists of such pending Revenue Audit objections in respect of which rectifications had not been made within six months f....

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.... Director of Revenue Audit for getting replies expedited by the Accountants General. (B) Internal Audit- It is seen from the D.Is. review of internal audit for the month of March, 1973 that there were as many as 96,155 internal audit objections pending on 1.4.73 for rectification and the revenue involved in these objections was about Rs.31.47 crores. A time limit of 3 months stands fixed for rectifications on IAP's objections vide D.I's.No.M-6/7/72-DIT dated 26.6.72 and No.M-6/11/72-DIT dated 4.1.73. In these instructions of the D.I., it was also indicated that the IAPs should, in cases covered by their objections, themselves draw up draft rectification orders and put up the same directly to the ITO concerned for formal orders so that the ....