Para 7.2.17 — MSO (Audit)
Original Rule Text
7.2.17 Objections of the following types need not be quantified in monetary terms in the records of objections:
(i) An objection that is in the form of a simple direction for future guidance, or of a cause for a document, the absence of which is not likely to affect the amount admissible.
(ii) Failure to affix revenue stamp on a voucher otherwise complete.
(iii) Instances of delays in settlement of debts by Government.
(iv) Persistent delays in the submission of accounts returns, vouchers, etc.
(v) Objections relating to fictitious adjustments and manipulations in accounts unless an actual loss has resulted.
(vi) Objections pointing out deviations from rules that are indicative of disregard or negligence, but which do not represent charges incurred without proper sanction.
(vii) Instances of excesses over allotments for public works suspense heads when an assurance is received from the competent authority that these are only temporary in nature and will not affect the net allotment for the year.
Note: If, in the absence of such an assurance, the money value of the objection has been registered, a minus entry should be made in the money column on subsequent receipt of the assurance.
(viii) Errors in accounts, vouchers etc. which do not result in any deficit or surplus.
(ix) Instructions and other observations relating to the form of accounts.
(x) Observations calling for information not received.
(xi) Enquiries about and observations on doubtful points.
(xii) Remarks drawing attention to minor errors of procedure.
- Preparation, despatch, return and final disposal of Objection Statements
What This Means
Certain types of audit objections do not need to have their money value calculated and recorded. These include simple directions for future guidance, missing revenue stamps on otherwise complete vouchers, delays in government debt settlement, persistent delays in submitting accounts, fictitious adjustments without actual loss, deviations from rules that are about negligence rather than unauthorized expenditure, temporary suspense head excesses with assurance of correction, accounting errors without financial impact, instructions about account formats, requests for pending information, and minor procedural errors.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Twelve categories of objections are exempt from monetary quantification
- 2Simple instructions for future guidance need not be quantified
- 3Missing revenue stamps on otherwise complete vouchers — no quantification needed
- 4Delays in debt settlement, account submission, and information provision are exempt
- 5Fictitious adjustments without actual loss are exempt from quantification
Practical Example
An audit party notices that a government office has not been affixing revenue stamps on payment vouchers under Rs 500, though all other details are complete and amounts are correct. Since this is a procedural omission on otherwise valid vouchers and falls in the exempt category, the auditor notes it as an instruction for future compliance without recording any money value in the Objection Book.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
If fictitious adjustments are found in accounts, why is no money value recorded?▼
What happens if a 'temporary' suspense head excess turns out not to be temporary?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.