Para 4.4.14 — MSO (Audit)
Original Rule Text
4.4.14 All entries in the objection book are to be made with due care, so that the book may at all times represent a complete and accurate record of all objections raised, objections cleared and the basis for doing so and the balances outstanding.
# Clearance of Objections
What This Means
All entries in the Objection Book must be made carefully so that it always serves as a complete and accurate record. At any point in time, the book should clearly show all objections that were raised, all objections that have been cleared (including the basis for clearance), and all outstanding balances.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Entries must be made with due care for accuracy
- 2The book must always be a complete record of all objections raised
- 3Cleared objections and the basis for clearing them must be recorded
- 4Outstanding balances must be accurately maintained at all times
Practical Example
An Audit Officer reviewing the Objection Book should be able to see at a glance that 45 objections totaling Rs 12 lakh were raised during the year, 30 objections worth Rs 8 lakh were cleared (each with a reference to the sanction or document that resolved it), and 15 objections worth Rs 4 lakh remain outstanding. Sloppy or incomplete entries would make this impossible.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
What makes the Objection Book accurate?▼
Who is responsible for the accuracy of entries?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.