Audit Reports

Omissions were noticed at the data entry levels which were not yet rectified. Regular updation of recently acquired movable assets and maintenance of asset registers were not ensured by controlling officers. 1.5.3 Deposit Register The LSGIs implement a number of projects through the............

The rate of duty was five per cent (two per cent if the machine ry is treated as movable property with effect from 1 April 2015) of consideration or market value of the property, whichever is higher. 23. Stamp Duty has to be levied on the sale of industrial machinery out of this turnover............

of Debt Recovery Tribunal ordered (February 2016) the Corporation to deposit entire dues of ` 661.48 crore with in two months failing which the movable and immovable property of the Corporation would be attached. The Corporation ha d filed (April 2016) a review petition in the Appellate............

` 27.17 lakh in three documents due to incorrect calculation of average annual rent (in case of lease deed)/ non consideration of market value of im movable property (in case of partnership deed/ dissolution of partnership ). (Paragraph 5.8 ) VI. Other Tax and Non -tax Receipts During test check............

· 66 assets such as computers, CPU, keyboards, fans, lights etc., pertaining to Asset Category-48 - computers and peripherals under Asset type-1 - Movable and asset category -60-Electrification were incorre ctly categorized under Asset Type-2 - Immovable and asset category -0- Others. · 165............

Section 48 of the IS Act , provides that all stamp duties, penalties required to be paid may be recovered by distress and sale of th e movable property of the person from whom the same are due, or by any other process for the time being in force, for the recovery of arrears of land revenue.............

6 and 11 of the Schedule. No such Registers were maintained by three 12 of the test-checked PRIs. Due to non-maintenance of these Registers, movable and immovable properties, under the possession of the concerned PRIs, could not be asce rtained. 1.14.7 Maintenance of database and the formats............

87.57 54 11- Backward Class and most Backward Class Welfare Department 2225-03-277-0212-Scheme for development of Backward classes and Unnotified, Movable and Semi-movable tribe 303.28 3.65 163.28 136.35 53.84 55 12-Finance Department 2054-00-095-0103-Bihar Revenue Administration Intranet............

for levy of SD at the rates ( ` 25 per ten thousand) mentioned therein on any instrument evidencing an agreement relating to the pawn or pledge of movable property, where s uch deposit, pawn or pledge has been made by way of security for the repayment of money advanced or to be advanced by way............

recovery due to stay by the courts, Revenue Recovery Certificate (RRC) cases sent to other states not disposed, closure of the firm, inadequate movable/immovable property in write -off cases etc. In rest of the cases, RRC had been issued for recovering outstanding dues. 2. Taxes and Duties............