Modification of Instruction No. 3 of 2007 - Enhance annual target of auditable cases for the AddI CIT/JCIT

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..... 5 To All CCsIT (CCA), CCsIT/DGsIT Sub: Modification of Instruction No. 3 of 2007 1. The annual target of audit of minimum number of cases to be audited has been prescribed by paragraph III of the Instruction No. 3 of 2007 which reads as under: III Internal Audit Auditable Cases: Norms and Targets i. The minimum number of cases to be audited by each Additional CIT, S .....

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..... fixed at 50 cases per annum i.e the monthly workload of the audit is only 4 cases. Taking into account increased workload of auditable cases and current annual target, it has been decided to enhance annual target of auditable cases for the AddI CIT/JCIT from 50 cases to 150 cases per annum. The annual target will give monthly workload of audit of 12 to 13 cases by the AddI CIT/JCIT. In cases, wher .....

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..... on-corporate cases) to clarify the target of IAPs. 4. In view of above, sub paragraph (i) of paragraph III of Instruction No. 03 of 2007 dated 16.04.2007 and paragraph 3.1.(i) of the Chapter 3 of the Audit Manual, 2011 are modified as under: i. The minimum number of cases to be audited by each Additional CIT, SAP or IAP in a year shall be as under: Additional CIT .....

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