relying upon the audit objections,
audit objection was one of the sources of reopening the escaped income.She referred to the
case of Rajesh Jhaveri ... proceeding further,we would like to deliberate upon the validity of audit objections
in re-opening of assessments.In our opinion,the part
reopening of the concluded
assessment was made due to the audit objections which is not permissible
under law and the action ... reasons as were suggested by the audit team on a
stereo typed mechanical manner based on audit objections and issuing
notice
decision whether the audit objection is
acceptable or not. In some cases, it is the Range Head on whose consent audit
objections can be dropped ... view expressed in the audit objection and had even
addressed a letter to the Director of Audit intimating that objections raised by
audit authority were
objections and had requested the audit party to drop the same,that even after opposing
the said audit objections,he proceeded to reopen the case ... audit-party to drop the objections and treat the
objections as settled. We have gone through the audit objections raised by the audit party
reopening has been triggered merely on the basis of revenue audit
objections without independent application of mind by Ld. AO. It has further
been submitted ... submissions that
assessment could not be reopened merely on audit objections.
4.1.2 Regarding unpaid bonus disallowable u/s 43B , it has been
submitted that
expenses.It was also submitted
that the AO while replying to audit objections has categorically stated that no
TDS is required as it is merely ... audit objection raised by
the internal audit party team. The A.O. has categorically replied vide letter
no. ACIT/Circle-8(3)/Audit Objection
assessee refer to C&AG audit
observation dated 05th June, 2018, wherein the audit team raised
various objections in their audit memorandum as discussed ... Officer vide his letter dated 29.10.2018 and
24.06.2019 disagreed to above audit objections, still he recorded
reasons to believe on all the above issues
assessee refer to C&AG audit
observation dated 05th June, 2018, wherein the audit team raised
various objections in their audit memorandum as discussed ... Officer vide his letter dated 29.10.2018 and
24.06.2019 disagreed to above audit objections, still he recorded
reasons to believe on all the above issues
where
the reopening is done influenced by the audit objections. The
relevant part of the suggestion given by the committee is
reproduced hereunder ... Audit Party and the Revenue Audit Party.
In terms of the existing arrangement, the AO is
required to take corrective steps following audit
objections
letter addressed to the Sr. Audit Officer, LAP-
XVI, Mumbai dated 12.06.2014 has asked the Audit Officer that objections are not
acceptable meaning thereby that ... vide letter dated 21,10.2013 and asked
the Audit Officer twice to treat the audit objections as settled. The AO must have
reason to believe
