Audit Reports

The Indian Stamp (IS) Act 1899 and the Registration Act 1908 prescribed that documents relating to Agreements of Sale of immovable property are to be compulsorily registered. Stamp duty in respect of Agreement of Sale of property without possession, shall be leviable on the amount of.........

The Department takes various measures like issue of notice of demand (Dastak), issue of memo, seizure of bank accounts and thereafter attachment of immovable property in addition to this, arrest warrants are issued to ensure recovery of the arrears. 2. Motor spirit tax 0.09 0.09 3. Entertainment.........

showed deficiencies in mapping of business rules into the system which resulted into short/non realisation of revenue on account of undervaluation of immovable p roperty and irregular exemption of Stamp Duty. There was deficiencies not ed in system design which resulted into short levy of stamp.........

2,656 2,363 1,737 3,32 9 7 Total 10,375 8,569 9,086 9,061 11,899 (Source: Finance Accounts of the respective years) 6 Other taxes include Taxes on Immovable Property oth er than Agricultural Land, Other Taxes on Income and Expenditure and Duties on Commodities and Services. 7 Includes receipts.........

But, finding no movable or immovable properties, the recoveries could not be made and 14 days sentence (prison) was awarded to both the licensees. Recovery is not written-off yet and other two cases of ` 0.25 crore are pending in court. Forestry and Wild life 57.43 53.54 Amount ` 1.27 crore is.........

that in the case of AFR facility the security coverage should be 1.5 times of the sanctioned facility and the same should be in the form of immovable property or pled ge of listed shares. However, Company collected security of land of `81.48 lakh only. Had the company collected the sti.........

The General Purpose Financial Report presents an overall picture of the financial performance of the Central Public Sector Enterprises (CPSEs) which are under the audit jurisdiction of the Comptroller and Auditor General of India (CAG). 668 Central...

It has powers to acquire and hold movabl e and immovable property, lease, sell, exchange or transfer property held by it, provide amenities such as roads, electricity and water, street lighting, drainage, sewerage, conservancy, etc. , in industrial estates/areas, construct and maintain.........

The PPP arrangement was for a period of ten years ending August 2018. All the assets (movable, immovable and software) created under the project would be the property of the State Government. The MOU with the Partner was extended as identif ication of a replacement partner for continuing the.........

(Paragraph 4.4.6.1)  Audit noticed that conveyance of immovable property valuing ` 15.99 crore transferred to another company through merger orders was not registered though compulsorily registerable. Stamp Duty and Registration fee leviable worked out to ` 71.95 lakh. Lack of coordination/.........