Remedial action and proforma report in case of Revenue Audit objections / Draft audit para.

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....enue Audit objections / Draft audit para - regarding It has come to the notice of Board that in several cases where Revenue Audit or C & AG of India have raised objection (Draft para audit objection) care is not taken in preparing and sending the Proforma Report to the Board. Often, replies to the Draft para are sent after 8-10 months ( in some cases after one and half year). It is also noticed....

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....ose cases, where audit objections have been accepted by Commissioners of Income Tax; (b) Proforma report in Part 'A' and 'B' should be sent to the Board within 4 weeks of the receipt of the same as per the existing guidelines; (c) All the columns of the proforma report should be completely and correctly filled in. The date of receipt of Draft Para and date of sending the Draft Para report sh....