Audit Reports

These had a negative impact on State’s own tax revenue and Central tax transfers with concomitant impact o n fiscal parameters of the State . The State recorded Revenue Deficit of ` 2,367.13 crore during the year 2020 -21 after 1 4 successive years of Revenue Surplus since the year 2006 -07 ,..................

State Finances Audit Report for the year ended 31 March 20 21 72 3.2.4 Sub -Head/Detailed Head not created for accountal of Green Tax The State Government did not create/operate distinct sub -head/detailed head for accountal of collected Green tax which resulted into receipt of ` 17.35 crore..................

Re venue Receipts 2,56,875 2,78,775 3,29,978 3,66,393 2,96,176 (i) Own Tax Revenue 85,966(33) 97,393(35) 1,20,122(36) 1,22,826(34) 1,19,897(40) SGST - 25,374(26) 46,108(38) 47,232(38) 42,860(36) Taxes on Sales, Trade, etc. 51,883(60) 31,113(32) 23,798( 20) 20,517(17) 22,127(18) State..................

As per provisions of section 8(1) of Uttar Pradesh Motor Vehicle Taxation (UPMVT) Act, 1997 , as amended in 2009, the State Government shall establish the Uttar Prade sh Road Transport Accident Relief Fund (UPRTARF) for the purpose of providing relief to the passengers or heirs of such..................

These had a negative impact on State’s own tax revenue and Central tax transfers with concomitant impa ct on fiscal parameters of the State. The State had Revenue Deficit of ` 2,367.13 crore during the year 2020 -21 after 14 successive years of Revenue Surplus since the year 2006 -07. To raise..................

 Service Tax Department assessed Service Tax of ` 12.73 crore on transportation of passengers by air -conditioned buses for the period of June 2016 to June 2017. Howev er, no provision for Service Tax liabilit y was made in the accounts resulting in understatement of Licence and Taxes..................

Subsequently, the Direc torate of Craftsman and Training (ITI), Manipur deposited ` 368.08 lakh to MPHC in January 2010 after deduction of tax components. MPHC Limited started (June 2010) and completed (May 2012) the construction works and furnished handing over notes in July 2012 . However,..................

e-Filing: An e-filing portal for the High Court and the District Judiciary to be developed for online Filin g of cases. e-Filing portal for the High Court of Manipur has not been developed to facilitate online e- Filing of cases. Photograph No. 1.2.7 Uninstalled Video- conference equipment..................

The RORR is then to be calculated by divi ding the ‘profit after tax’ (PAT) by the sum of the PV of the investments. During 2018-19, overall losses of 13 PSUs (10 worki ng and 3 non-working) stood at ` 42.26 crore 49 (Appendix 3.2 ). On the basis of return on historical value of investment,..................

Chapter-III Budgetary Management 41 CHAPTER-III BUDGETARY MANAGEMENT 3.1 Budget Process The annual exercise of budgeting is a means for det ailing the roadmap for efficient use of public resources. Appropriation Accounts are acc ounts of the...

Company’s profitability and the e fficiency with which its capital is used and is calculated by dividing Company’s earnin gs before interest and taxes by capital employed. Return on Equity (ROE) 34 is a measure of performance calculated by dividing the net profit after tax by shareholder s..................

No. Name of the unit Recovery accepted cases Recovery made No. of cases Amount of recovery accepted No. of cases Amount recovered 1. State Taxes Officer, Circle A, Jammu 2 0.89 - - 2. State Taxes Officer, Budgam 10 61.35 - - 3. State Taxes Officer, Kupwara 9 13.49 - - 4. State Taxes Officer,..................

Part-A covers compliance audit findings of Revenue Sector comprising three paragraphs on Irregular all owance of input tax credit and Short levy of tax involving ` 2.14 crore. Some of the findings are mentioned belo w: Part A: Revenue Sector General During the year 2019-20, the overall receipts..................

The Management also attributed (November 2021) losses to the implementation of Goods and Service Tax from July 2017 and re-organisation of J&K UT (Union Territory) after August 2019. 6.1.2.3 Royalty payable to Forest Department As per agenda note placed before the meeting (April 2019) of the..................