Para 7.2.26 — MSO (Audit)
Original Rule Text
7.2.26 Money value of objections, such as those relating to excess recoveries on account of provident fund subscriptions or income tax, that do not require any specific action on the part of the Treasury Officer and are intended only for his future guidance, should not be entered in any of the money columns and that under “Details of adjustment” may be scored through.
What This Means
For objections that are purely informational and do not require the Treasury Officer to take any specific action — such as noting excess provident fund deductions or income tax recoveries for future guidance — the money value should not be entered in the Objection Book's money columns. The 'Details of adjustment' column should be scored through (marked with a line) to indicate no adjustment action is needed.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Informational objections requiring no specific Treasury Officer action get no money column entry
- 2Examples: excess PF subscription recoveries, income tax over-deductions
- 3The 'Details of adjustment' column is scored through (ruled off) for these items
- 4These objections still appear in the Objection Book but without monetary tracking
- 5The purpose is to prevent inflating outstanding objection amounts with non-actionable items
Practical Example
During audit, it is noted that a Treasury Officer deducted Rs 200 extra in provident fund subscription from an employee's salary in one month. Since this is self-correcting (the extra goes into the employee's own PF account) and is merely noted for the TO's future guidance, the auditor enters the observation in the Objection Book but leaves the money columns blank and scores through the adjustment column.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
Why are these objections recorded at all if they have no money value?▼
What does 'scored through' mean?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.