Audit Reports

18 July 2014

Compliance

Report No. 6 of 2014 - Compliance Audit on Indirect Taxes - Services Tax Union Government, Department of Revenue

crore and reported recovery of RS 65.28 crore. The Audit Report for the year ended March 2013 has been prepared for submission to the President of India under Article 151(1) of the Constitution of India. Audit of Revenue Receipts - Indirect Taxes of the Union Government is conducted under...............

Sector:

Taxes and Duties

Chapter 1 - Services Tax Administration

_{(PDF 12.91 MB)}

The Consolidated Fund of India formed under Article 266 of the Constitution of India consists, inter alia, of all revenues received by the Government of India. The Union of India's revenue receipts arise from both tax and non-tax sources. Tax revenues comprise chiefly of proceeds of...............

Chapter 3 - Effectiveness of Internal Controls

_{(PDF 11.71 MB)}

The risk of Service Tax and /or interest dues not reaching the Consolidated Fund is illustrated by the fallowing instance which came to light during the course of CERA's examination of records at assessee premises. During CERA's examination of ST-3 returns and other records at one such mandatory...............

Download Full Report _{(PDF 28.71 MB)}

19 December 2014

Compliance

Report No. 35 of 2014 - Union Government (Defence Services) Army, Ordnance Factories and Defence Public Sector Undertakings

1 Audit of (i) all expenditure from the Consolidated Fund of India (ii) all transactions relating to Contingency Funds and Public Accounts and (iii) all trading, manufacturing, profit & loss accounts & balance-sheet & other subsidiary accounts. 2 Audit of receipt and expenditure of bodies...............

Sector:

Defence and National Security

Audit Report of Union Government (Defence Services) Army, OF and DPSU

_{(PDF 0.41 MB)}

Report No. 35 of 2014 (Defence Services)) s- ANNEXURE-I (Referred to in Paragraph 1.9) Position of outstanding ATNs Ministry of Defence - excluding Ordnance Factory Board (i) Pending for more than ten years Sl.No. Report No. and Para No. Subject...

Audit Report of Union Government (Defence Services) Army, OF and DPSU

_{(PDF 0.14 MB)}

1 Audit of (i) all expenditure from the Consolidated Fund of India (ii) all transactions relating to Contingency Funds and Public Accounts and (iii) all trading, manufacturing, profit & loss accounts & balance-sheet & other subsidiary accounts. 2 Audit of receipt and expenditure of bodies...............

Audit Report of Union Government (Defence Services) Army, OF and DPSU

_{(PDF 0.23 MB)}

The Board of HAL approved (February 2002) the consolidated DPR. As provided in General Contract, HAL concluded a number of Supplementary Agreements (SA) with ROE from time to time specifying the nature, quantities and time of supplies such as licence documents, aircraft kits etc., required for...............

Download Full Report _{(PDF 7.94 MB)}

19 December 2014

Compliance

Report No. 34 of 2014 - Compliance Audit on Air Force and Navy, Union Government, Defence Services

on the plea that Gas Agencies were being operated as Regimental Institutes out of Non Public Fund (NPF) and no money from Public Fund i.e. Consolidated Fund of India was involved. IAF had made a net profit of `2.24 crore in 2005-06 alone 55. Subsequent information was not available. In...............

Sector:

Defence and National Security

Chapter 3 - Air Force

_{(PDF 0.89 MB)}

on the plea that Gas Agencies were being operated as Regimental Institutes out of Non Public Fund (NPF) and no money from Public Fund i.e. Consolidated Fund of India was involved. IAF had made a net profit of T2.24 crore in 2005-06 alone55. Subsequent information was not available. In...............

Chapter 4 - Navy

_{(PDF 0.18 MB)}

The consolidated case for procurement of two sets of main engines and spares for INS Cheetah and INS Guldar was referred to the Ministry of Defence in May 2007. The proposal was, however, approved by the Ministry only on 23 January 2008. DPRO, IHQ MoD (Navy) concluded two separate contracts...............

Download Full Report _{(PDF 5.4 MB)}

20 December 2012

Performance

Report No. 19 of 2012 - Performance Audit on Rail Links to Kashmir in Indian Railways Union Government, Railways

Considering that the project has been declared to be of national importance, funds are provided for it from the Consolidated Fund of India rather than the operating surplus of the Indian Railways. The current outlay expected for this project is `19,565 crore. In the above context, the Comptroller...............

Sector:

Transport & Infrastructure

Executive Summary

_{(PDF 0.03 MB)}

Considering that the project has been declared to be of national importance, funds are provided for it from the Consolidated Fund of India rather than the operating surplus of the Indian Railways. The current outlay expected for this project is f 19,565 crore. In the above context, the...............

Download Full Report _{(PDF 3.15 MB)}

08 July 2014

Compliance

Report No. 4 of 2014 - Compliance Audit on Air Force and Navy, Union Government, Defence Services

For this purpose, DMT forwards a consolidated Annual Motor Transport Procurement Plan (MTPP) to MOD for AoN approval. We observed (February 2013) that contrary to the above procedure, 25 Critical Care Ambulances (CCAs) at a cost of `9.24 crore were procured (January 2010) by...............

Sector:

Defence and National Security

Chapter 4 - Navy

_{(PDF 0.16 MB)}

Report No. 4 of 2014 (Air Force and Navy)

Chapter 3 - Air Force

_{(PDF 0.26 MB)}

For this purpose, DMT forwards a consolidated Annual Motor Transport Procurement Plan (MTPP) to MOD for AoN approval. We observed (February 2013) that contrary to the above procedure, 25 Critical Care Ambulances (CCAs) at a cost of '9.24 crore were procured (January 2010) by...............

Download Full Report _{(PDF 1.82 MB)}

01 August 2014

Compliance

Report No. 2 of 2014 - Compliance Audit on General Purpose Financial Reporting of Central Public Sector Enterprises of Union Government, Commercial

This mechanism provides the necessary parliamentary control over the utilization of public funds invested in the companies from the Consolidated Fund of India. Section 166 of the Companies Act, 1956 requires every company to hold AGM of the shareholders once in every calendar year. It is also...............

Sector:

Finance

Oversight Role of CAG

_{(PDF 0.26 MB)}

This mechanism provides the necessary parliamentary control over the utilization of public funds invested in the companies from the Consolidated Fund of India. Section 166 of the Companies Act, 1956 requires every company to hold AGM of the shareholders once in every calendar year. It is also...............

Convergence of Indian Accounting Standards with IFRS

_{(PDF 0.04 MB)}

The Ind-AS was to be applicable for both stand-alone and consolidated financial statements. 4.2.3 Notification of Ind-AS As many as 35 redrafted converged Accounting Standards (termed as 'Ind-AS') were hosted by the MCA on its website in February 2011, after due vetting by the Legislative...............

Download Full Report _{(PDF 2.16 MB)}

12 May 2012

Performance

Report No. 12 of 2012 – Performance Audit of Operational Performance of Export Credit Guarantee Corporation of India Limited, Ministry of Commerce and Industry

was raised in the earlier Performance Audit Report, wherein it was recommended that the Company needed to institute a system for regular in-house consolidated reporting and follow-up of claims involving accountability issues besides ascertaining its dues, if any, arising out of such cases. The...............

Sector:

Industry and Commerce

Chapter 2 – Export Credit Insurance for Banks

_{(PDF 0.2 MB)}

was raised in the earlier Performance Audit Report, wherein it was recommended that the Company needed to institute a system for regular in-house consolidated reporting and follow-up of claims involving accountability issues besides ascertaining its dues, if any, arising out of such cases. The...............

Download Full Report _{(PDF 0.69 MB)}

28 November 2014

Compliance

Report No. 25 of 2014 - Compliance Audit Observations, Union Government, Civil

Reports of the earlier years and status of replies received from the Ministries to the paragrahs included in this Report. Recovery of unutilized funds and interest thereon at the instance of audit - RS 5.78 crore National Institute of Pharmaceutical Education & Research (NIPER) parked...............

Sector:

Power & Energy |

Industry and Commerce |

Information and Communication |

Art, Culture and Sports |

Agriculture and Rural Development |

Education, Health & Family Welfare |

Social Infrastructure |

General Sector Ministries and Constitutional Bodies

Chapter 1 - Introduction

_{(PDF 1.16 MB)}

Besides, CABs, which are substantially financed by grants/loans from the Consolidated 2 Source: Appropriation Accounts - Union Government (Civil) for the respective years. 3 Audit of (i) all expenditure from the Consolidated Fund of India, (ii) all transactions relating to Contingency Funds and...............

Chapter 4 - Ministry of Culture

_{(PDF 1.6 MB)}

The interest impact on the Consolidated Fund of India on this account at an average Gol borrowing rate of 8 per cent amounted to X 36 lakh. The ASI stated (February 2014) that the matter was being pursued for reallocation of the land and it had requested the State Government to condone the delay...............

Download Full Report _{(PDF 88.49 MB)}

31 August 2012

Performance

Report No. 10 of 2011-12 – Performance Audit of Capacity Expansion in Hydro Power Sector by CPSEs, Ministry of Power

10 of 2012-13 14 Capacity Expansion in Hydro Power Sector by CPSEs THDC India Limited and NEEPCO Limited 3.3.3 Absence of capacity addition plans THDC did not plan any new project for execution during XI Plan period of 2007- 12. Instead slipped over project (i.e. Koteshwar hydro project of...............

Sector:

Power & Energy

Annexures of PA Report No. 10 of 2012-13

_{(PDF 0.17 MB)}

(if applicable) VII Clearances from ASI This is required as per Application is submitted to Archeological Archeological citing criteria of Survey of India indicating location of Survey of India MOEF project and other details for seeking NOC. (ASI) (if applicable) VIII Preparation of Chairman/...............

Download Full Report _{(PDF 4.82 MB)}

28 November 2014

Compliance

Report No. 24 of 2014 - Compliance Audit on Hydrocarbon Production Sharing Contracts, Union Government, Ministry of Petroleum and Natural Gas

In 1991, the Government of India (Gol) decided to invite foreign and domestic Private Sector Companies to participate in the development of discovered oil and gas fields, and...............

Sector:

Power & Energy

Chapter 2 - Audit Findings in respect of KG-DWN-98/3 Block

_{(PDF 26.44 MB)}

2.9.3 Maintenance of Site Restoration Fund 2.9.3.I. Pursuant to Article 14.10 of the PSC, the Contractor is required to prepare a proposal for restoration of site including abandonment plan and requirement of funds for this and any annual contribution in accordance with the scheme framed by...............

Download Full Report _{(PDF 105.91 MB)}

Filter