Audit Reports

19 CHAPTER II: TAXES/VAT ON SALES, TRADE 2.1 Tax administration The Haryana Value Added Tax Act, 2003 (HVAT Act) and rules framed thereunder are administered by..................

vii OO VV EERR VV IIEEWW This Report contains 15 illustrative audit paragraphs relating to non/short levy of taxes, interest, penalty, non/short levy of excise duty, stamp duty etc. with revenue implications of ` 99.36 crore. 1. Chapter -I General The total..................

31 CHAPTER III: STATE EXCISE 3.1 Tax administration The Additional Chief Secretary to the Government of Haryana, Excise and Taxation Department, is the administrative head at..................

to determine the ab ility of a company to pay interest on outstanding debt and is calculated by d ividing a company's Earnings Before Interest and Taxes (EBIT) by intere st expenses of the same period. The lower the ratio, the lesser is the abil ity of the company to pay interest on debt. An..................

It is registered as a charitable organisation with the income tax authorites keeping in view its activities and if it enters into commercial activities, the registration will be cancel led and it will be liable for heavy amount of income tax. The reply of NOIDA does not address the issue in the..................

and loss account and other financial statements enclosed with the project report shows that profit will be generated from the project and income tax liabi lity will also accrue even though commercial activities ha ve been rescinded. Submitted project report for a motel. Any commercial..................

reply, NOIDA stated (August 2020) that o ut of total allotted 10 ,156 industrial plots upto 2018 , 8 ,440 (83.10 per cent ) are functiona l, however, online entries of many functional units is under process. Notices are being served on non -functional units. The Government, however, in the Exit..................

i TABLE OF CONTENTS Reference to Particulars Paragraph(s) Page(s) Preface -- xv Executive Summary -- xvii -xxxv Chapter -I: General -- 1-7 Background 1.1 1 Role and powers of Department 1.2 1-2 Role/functions of NOIDA 1.3 2 Management of NOIDA 1.4...

by NOIDA or any rent due to NOIDA in respect of any lease, or where any transferee or occupier makes any default in the payment of any fee or tax levied under this Act, the Chief Executive Officer may direct that in addition to the amount of arrears, a further sum not exceeding that amount..................

NOIDA allowed universal application of rebate of 25 per cent on sector rate to all the I nformation Technology /Information Technology Enabled Services (IT/ITES) units irrespective of the investment being made by them instead of providing rebate to mega units having investment proposal of `..................

with back -up, dedicated telecom network, water supply, sanitation facilities, wide and efficient road network, public transport facilities and other services. It was envisioned that national and international event s like 2009 National Game s, 2010 Commonwe alth Games, 2014 Asiad Games and 2020..................

CHAPTER – III Acquisition of Land CHAPTER -III Acquisition of Land Introduction Land Acquisition Process 3.1 NOIDA acquire s land through three processes i.e. Acquisition, Resumption and Direct Purchase . Acquisition 3.1.1 Land is acquired under...

CHAPTER – V Allotment of Properties Chapter -V Allotment of Properties 5. General Introduction 1. The main objective of New Okhla Industrial Development Authority ( NOIDA ) is to develop industrial area s. Develop ment of residential, commercial...

5 Internal audit is an independent appraisal function established within an organisation to examine and evaluate its activities as a service to t he organisation. The objective of internal audit is to assist members of the organisation in effective discharge of their responsibilities. To this..................

xv Preface The Report has been prepared for submission to the Governor of Uttar Pradesh under Article 151 of the Constitution of India . This Report of the Comptroller and Auditor General of India (CAG) contains significant observations arising out...

The Department of Appointment and Personnel, GoUP appoints Indian Administrative Services (IAS ) and Provincial Civil Services (PCS ) officers directly to NOIDA as ACEO s/DCEOs and OSD . Besides, an officer from Finance & Accounts Services of the State is posted as FC by the Finance..................

CHAPTER -III : TAX ES ON SALES, TRADE , ETC. 3.1 Tax administration The Additional Chief Secretary (Commercial Tax and Entertainment Tax) , Uttar Pradesh..................

1.2 Trend of receipts 1.2.1 The tax and non -tax revenue raised by the G oUP , the State’s share of the net proceeds of the divisible Union taxes and duties assigned to States, grants -in-aid received from the Government of India (GoI) during the year 201 9-20 , and the corresponding..................

10 VAHAN database, monthly deposit scrolls of UPS RTC buses, deposit challans, passenger tax register, records of online/offline payments of additional tax, etc. 11 RTOs -Aligarh, Ghaziabad, Jhansi, Kanpur Nagar , Lucknow , Meerut, Mirzapur, Moradabad, Prayagraj and Varanasi ; ARTOs..................

CHAPTER -II: STATE EXCISE 2.1 Tax administration Various kinds of liquor, such as Country Liquor (CL) and Indian Made Foreign Liquor (IMFL) are manufactured from alcohol. Excise..................

CHAPTER -V: MINING RECEIPTS 5.1 Tax administration The levy and collection of receipts from mining activities in the State is governed by the Mines and Minerals (Development and..................

The Company stated (July 2020) that role based authorisation was already in place in both the IT billing systems wherein bill revisions are done online considering the actual reading, consumption and adjustments. The reply is not convincing as due to lack of mapping of multi -year Rate..................

The Company had accepted that the system is d eficient to charge reconnection/disconnection charges online. Further, it was the basic requirement to migrate complete consumer data to the Non R -APDRP system , but the Company failed to migrate the crucial data related to the consumers. In the Exit..................

It is based on operating cost model at the rate of ` 2.89 (plus applicable tax es) per consumer per month basis . The non R -APD RP divisions were made Go-live from September 2016 to September 2017. Key facts of both IT billing systems are depicted in Chart 1.3. Chart 1.3: R-APDRP and Non R..................

The Company accepted (July 2020) the fact and stated that the NA module was develo ped at the stage when State Utilities were starting to adopt online processes for the first time and it is very hard to imagine and expect new users who are experiencing a green field implementation for the f..................

Chapter V Input Controls and Validation Check s 5. To ensure correctness, completeness and reliability of the database, it is necessary to ensure appropriate input control s and data validation during data entry. This helps in reduction of...

Chapter-II Taxes/VAT on Sales and Trade 15 | P a g \b CHAPTER-II TAXES/VAT ON SALES AND TRADE 2.1 Tax administration The Principal Secretary (Excise and..................

Chapter-V Taxes on Vehicles, Passengers and Goods 41 | P a g \b CHAPTER -V TAXES ON VEHICLES, PASSENGERS AND GOODS 5.1 Tax administration Principal Secretary..................

6.5 Impact of implementation of Ind AS on selected key areas The implementation of Ind AS can impact the valuati on of Profit after Tax (PAT), Revenues, Total Assets and Net Worth. The values ma y increase or decrease depending on the options availed by the SPSEs at the time of adoption of Ind..................

of the accounts of such Company and the provisions of Section 19A of t he Comptroller and Auditor General’s (Duties, Power and Conditions of Service) Act, 1971 shall apply to the report of such test Audit. Thus, a Government Company or any other Company owned or controlled, directly or..................

on Profitability 1 Himachal Road Transport Corporation (2018-19) Against an amount of ₹12.38 crore payable on account of Haryana State Road Tax (HSRT) the Corporation had made payment of ₹ 10.55 crore as on 31.03.2019 and no provision on account of balanc e amount of ₹ 1.83 crore was..................

CHAPTER – V CORPORATE SOCIAL RESPONSIBILITY 65 Chapter-V Corporate Social Responsibility 5.1 Introduction Corporate Social Responsibility (CSR) is the continuing commitment by business to behave ethically and contribute to economic develop ment...

has been entrusted by the Government under various sections of the Comptroller & Auditor General’s ( CAG’s) DPC (Duties, Powers and Conditions of Service) Act, 1971. List of the Departments, Autonomous bodies and Companies under the Audit jurisdiction of the office of the Accountant General (..................

Rourkela Smart City Limited 8. Home Autonomous Bodies Under Section 19(2) 9. Housing and Urban Development 1. Odisha State Legal Services Authority and 30 District Legal Services Authorities 10. Information and Public Relations 2. Odisha Building and Other Construction Workers Welfare Board 11...................