Audit Reports

(NIMSME), Hyderabad, Telangana; National Institute of Entrepreneurship and Small Business Development (NIESBUD), Noida, Uttar Pradesh; Central Tool Room (CTR), Ludhiana, Punjab; National Small Industries Corporation (NSIC), Okhla, Delhi and Centre for Entrepreneurship Development of Karnataka...............

However, no representative of DJB was present in this meeting. In the meeting held on 5 April 2018, a decision was taken that the proposal of installation of water meters in individual houses would be taken up on priority in NDMC areas since NDMC was willing to install the meters and recover...............

Corporate Affairs 1 - 2. Commerce and Industry 1 - 3. Housing and Urban Affairs 4 4 4. Micro, Small & Medium Enterprises 2 - 5. Ports, Shipping and Waterways 3 2 6. Power 1 - 7. Tourism 2 - Total 14 6 EXECUTIVE SUMMARY Report No. 16 of 2021 vi II Highlights of some significant paragraphs...............

Based on agro-climatic conditions, the rubber growing areas in India are classified into two regions viz., (i) Traditional region 5 (69.60 per cent ) and (ii) Non-Traditional region 6 (30.40 per cent ). The status of natural rubber production by major rubber producing countries is given in...............

cargo from the licensed plot on the ground that demurrage charges were payable, as illegal, arbitrary and contrary to the claims of Scale of Rates. 5 A counter to this writ petition was filed by VPT in April 2015. Subsequently, VPT obtained (July 2016) a legal opinion, on conducting auction of...............

which are substantially financed by grants/ loans from the Consolidated Fund of India, are audited by the CAG under the provisions of Section 5 14(1) of the Act. 1.3 Planning and conduct of audit Compliance audit is conducted in accordance with the principles and practices enunciated in...............

This resulted in loss of Government revenue of ` ` ` ` 57.16 lakh on account of payment of VAT to German ta x authorities, besides draining foreign exchange. In 2017-18, the Ministry of Tourism (Ministry) finalised its Global Media Plan, recommended by a Media Committee headed by the...............

Report No. 16 of 2021 \b4 CHAPTER VII: MINISTRY OF POWER 7.1 Loss to Public Exchequer due to not taking into account the inputs of National Load Despatch Centre in implementation of Power System Development Fund schemes Due to not taking into...

the period covered in review (2015 -16 to 2018 -19) as detailed below: The delay ranged from four days to 2,349 days with delay s upto 1 month in 52,907 AAs, upto 3 months in 7,581 AAs, upto two years in 2,750 AAs and more than 2 years being observed in 122 AAs (Annexure 1A). Year -wise, delay...............

Hyderabad where fulfillment of EO was not being monitored effectively even though Master Register was mainta ined both in physical as well as in the Computer systems (LEMIS). In 93 out of 1,343 unredeemed AAs, where EOP had lapsed, no exports were made even though Report No.10 of 2021...............

Total AA issued CIF in Crores Sample selected MV in Crore Non Production of Records (NPR ) cases MV of NPR cases in Crore 1 Delhi 13193 113776.92 504 13187.37 35 372.42 2 Mumbai 28362 232686.8 873 30163.22 268 7450.54 3 Chennai 4431 26797.35 369 1239.89 0 4 Kolkata 2772 17024.48 158 6826.79 16...............

an Export Obligation Discharge 1Bank Guarantees are taken by Customs at the time of registration of AAs at the Customs Ports as per Customs Ci rcular 58/2004 dated 21 -10-2004 as amended from time to time. BG is exempted for certain categories of exporters under the AA Scheme, viz., Public Sector...............

out of which 44 paras amounting to `1291.93 crore were accepted by DGFT/Department of Revenue (DoR), final outcome of action/recovery was awaited in 5 paras amounting to `0.24 crore, and 17 paras amounting to `94.61 crore were not accepted by DGFT/DoR. Till date, recovery of `0.70 crore was made...............

operations and maintenance (O&M) services for its 1.89 million tonne per annum Beneficiation 4 and 1.2 million tonne per annum Pelletisation 5 Plant at Donimalai, Karnataka. As per terms of the O&M contract, besides providing O&M services for three years, KIOCL was also required to assist...............

Government of Andhra Pradesh (GoAP) introduced ( w.e.f. 30 November 2001) new sub- sections 5-A (1-A) to (1-C) to impose turnover tax under Andhra Pradesh General Sales Tax Act, 1957 (APGST Act). Sub-section 5-A (1-A) mandated that every dealer shall in addition to existing taxes will pay...............

Standard hours for Overhaul Running hours 1 SHG PGC A Power Turbine 100,000 175,663 2 SHG PGC B Power Turbine 100,000 175,594 Compressor 50,000 180,425 3 SHG PGC C Power Turbine 100,000 188,810 Compressor 50,000 61,784 4 SHG PGC D Power Turbine 100,000 124,734 Compressor 50,000...............

Audit observed repeated default by CCL 3, WCL 4 and SECL 5 in making timely payment of monthly dues of CISF which ranged between 1 day and 366 days after the due date. Consequently, CISF demanded penal interest from CCL ( `4.26 crore), WCL (`1.10 crore) a nd SECL ( `0.83 crore) for delayed...............

Report No. 14 of 2021 109 A review in Audit revealed that despite reminders, the remedial/ corrective ATNs on 54 transaction audit/ compliance audit paragraphs contained in the last five years’ Audit Reports (Commercial) and three Performance Audit Reports relating to the PSUs under the...............

Report No. 14 of 2021 52 CHAPTER V: MINISTRY OF HEAVY INDUSTRIES Bharat Heavy Electricals Limited 5.1 Avoidable loss due to laxities in supply of Alternate Current...............

As per the Indian Stamp (Orissa Amendment) Act, 1986, stamp duty and registration fee for lease term between 5 and 10 years was equal to the amount of the average annual rent reserved and the same for a lease period between 10 and 20 years, was equal to twice the amount of the average annual...............

agreements for four laning of Shivpuri-Guna Section from km 236.00 to km 332.100 and four laning of Biaora to Dewas section from km 426.100 to km 566.450 of NH-3 in the State of Madhya Pradesh on 15 June 2015 and 27 August 2015, respectively. The Appointed Date 1 of the projects was declared...............

Department’s reply was awaited The New India Assurance Company Limited, National Insurance Company Limited, The Oriental Insurance Company Limited) 5. Heavy Industries (Bharat Heavy Electricals Limited, Heavy Engineering Corporation Limited) 4 4 6. Mines (Hindustan Copper Limited, National...............

Further, Clause 5 of LOIA stipulated that gestation period or development period means the period in respect of each site commencing on the date of handing/ taking over of the location (which is 61 st day or maximum 60 days from the date of issue of LOIA) and expiring on the 120 th day from...............

Report No. 14 of 2021 107 CHAPTER XI: RECOVERIES AND CORRECTIONS/ RECTIFICATIONS BY CPSEs AT THE INSTANCE OF AUDIT Airports Authority of India, Air India Limited, Cent ral Mine Planning and Design Institute Limited, Damodar Valley Corporation,...

at least 51 per cent of the shareholding and management control of the Public Sector Undertakings; and (iii) Strategic disinvestment b y way of sale of a substantial portion of Government shareholding in identified CPSEs upto 50 per cent or more, along with transfer of management control. On...............

Report No. 12 of 2021 110 Impact of Implementation of Indian Accounting Standards in Selected Non -Banking Financial Companies CHAPTER V 5.1 Introduction The era of globalisation and liberalisation has led to increased social mobility, cross border movement of finance, capital, and...............

No. CPSE 1 Lanco Teesta Hydro Power Limited 2 NTPC Mining Limited 3 NAB Foundation 4 Kopal Narendra Transmission Limited 5 Karur Transmission Limited 6 Lakshadweep Tourism Development Corporation 7 Silvassa Smart City Limited 8 NTPC EDMC Waste Solution Private Limited 9 Bikaner -II Bhiwadi...............

the term Central Public Sector Enterprises (CPSEs) encompasses those Government companies in which the direct holding of the Central Government is 50 per cent or mo re and subsidiary of such Government companies. The Statutory Corporations set up under statutes enacted by the Parliament and...............

(Para 1.2, 1.2.1 and 1.2.2.1) Market Capitalisation The total market value of shares of 5 8 listed Government Companies (including six subsidiary companies) the shares of which were traded during 2019- 20 stood at `8,39,970 crore as on 31 March 20 20. Market value of shares held by the Central...............

of CPSEs reviewed Percentage of reviewed CPSEs Above `100 crore 78 78 100 74 95 `50 - `100 crore 23 12 50 10 43 `10 - `50 crore 40 10 25 09 23 `10 - `5 crore 13 02 10 02 15 Total 154 * 102 * 95* * The list of 154 and 102 CPSEs is given in Annexure XXVII. Out of 102 CPSEs selected based on...............

artificial recharge to ground water t hrough rain water harvesting structure in the premises was not incorp orated, as done in the CGWA guidelines. 5. Karnataka Permit/NOCs are issued only in the notified area an d not for non-notified areas. As such, Karnataka Ground Water Authority (K GWA) is...............

During the period 2004 to 2017, the stage of extraction of ground water has increased from 58 to 63 per cent. During the same period, the percentage of safe bl ocks has decreased while the percentage of blocks categorised as semi- critical, critical and over-exploited has steadily increased................

The Kozhikode Lab faced serious spac e constraint; LPG cylinder was kept in a room with minimum ventil ation along with chemicals and acids. Supporting staff posts viz. Chemical Assistant, Laboratory Attender and Office Assistant were vacant. Vacancy issues were prevalent at Ernakulam...............

technological u p-gradation (Machinery & Equipment) through procurement of Hydro-geological, Geophysical and Chemical equipment, Scientific Software, Computers, Drilling machines, Motor Vehicles and ancillary equipment. Audit observations on the implementation of GWMR sc heme are discussed in this...............

It accounts for nearly 62 per cent of the total requirement of water in irrigation, 8 5 per cent in rural water supply and 45 per cent in urban water supply. Therefore, efficient manage ment of ground water is significant for sustainable use of water. A National Water Policy for the development...............

Report No. 9 of 2021 Ground Water Management and Regulation 85 Sustainable Development Goals and Ground Water 5.1 Introduction Sustainable development has been defined as development that meets the needs of the present without compromising the ability of fut...............

Report No. 8 of 2021 (Direct Taxes) 49 Chapter IV: Income Tax 4.1 Introduction 4.1.1 This chapter discusses 221 51 high value non-corporate cases (refer para 2.3) involving 236 52 number of assessments with a total tax impact of ` 416.60 crore which were...............

ection 72A, Industrial undertaking means any undertaking which is engaged in (i) the manufac ture or processing of goods; or (ii) the manufacture of computer software; or (iii) the busi ness of generation or distribution of electricity or any other form of power; or (iiia) the business of...............

Scrutiny Assessment The Income Tax Returns filed by the assessee are se lected for detailed scrutiny through Computer Aided Scrutiny Selection (CASS). Some cases are also selected manually by the Assessing Officer as per CBDT guidelines. The Act provides for two types of regular scrutiny asse...............

Opening Cash Balance with RBI 4,417.46 2,985.55 (-) 1,431.91 (32) Revenue Receipts 65,885.12 67,858.13 1,973.01 (3) Recoveries of Loans and Advances 5,371.90 5,392.63 20.73(-) Misc. Capital Receipts 49.01 54.01 5.00 (10) Public Debt Receipts (Net) 17,081.10 28,656.31 11,575.21 (68) Public Account...............

1,89,71,237 2,03,39,849 Growth rate of GDP over previous year (in per cent) 10.46 11.76 11.09 10.95 7.21 State’s GSDP at current prices 4,95,504 5,61,610 6,49,592 7,34,163 8,31,610 Growth rate of GSDP over previous year (in per cent) 13.35 13.34 15.67 13.02 13.27 Source: Economic Survey...............

check of the records of 34 (Revenue 32 + expenditure 02) units (53,498 assessment cases were audited out of total 1,84,419 assessment cases) out of 4 5 un its relating to VAT/Sales tax assessments and other records revealed under assessment/evasion of tax and other irregularities involving `...............

Accounts Committee PAG Principal Accountant General (Audit) PGT Passengers and Goods Tax PL Proof Litre Report for the year 201 9-20 (Revenue Sector) 50 PSU RA RF Public Sector Undertaking Revisional Authority Registration Fee SD Stamp Duty SED State Excise Duty SR Sub Regi strar STO State Tax...............

covered in the Report Number of SPSEs not covered in the Report Accounts up to Total 2019-20 2018-19 2017-18 2016-17 2015-16 Government companies 23 5 7 5 2 1 20 3 Statutory corporations 2 0 2 0 0 0 2 0 Government controlled other companies 6 1 1 1 0 0 3 3 Total 31 6 10 6 2 1 25 6 The details of...............

for 2019-20 were not due - - - Less : Companies under liquidation 1 1 2 Number of companies from whom accounts for 2019-20 were due for submission 27 5 32 Number of companies which presented the accounts for CAG’s audit by 31 December 2020 9 1 10 Number of companies with accounts in arrears 18 4...............

CHAPTER – V (5.1) Allotment of Group Housing Plots CHAPTER -V Allotment of Properties 5.1 Allotment of Group Housing Plots Introduction 5.1 .1 As per NOIDA Building Regulations, 2010 ‘Group Housing’ means a premise of size not...............

CHAPTER – V (5.3) Allotment of Institutional Properties CHAPTER -V Allotment of Properties 5.3 Allotment of Institutional P roperties Introdu ction 5.3.1 The NOIDA (Preparation and Finalisation of Plan) Regulations, 1991 define s...............

CHAPTER – V (5.2) Allotment of Commercial Properties CHAPTER -V Allotment of Properties 5.2 Allotment of Commercial Properties Introduction 5.2.1 The NOIDA (Preparation and Finalisation of Plan) Regulations, 1991 provides that...............

Grant 1,106.8514 7 5.69 0 0 Direct purchase from farmers 1,134.1288 604 444.7206 530 317.0830 Total 12,326.777 635 3,062.782 530 317.083 Source: Informa tion furnished by NOIDA . The status of year -wise acquisition of land during the years 20 05 -06 to 2017 -18 is shown in Chart 3.2 . Chapter...............

use of farm house for commercial purposes have been rescinded, the allotment made for infrastructure resources such as data communication, core computer facilities, structure creation etc. was still remaining as no revised project rep ort was submitted. Net worth below ` one lakh only. CA...............

In case of residential plots and flats, allotments are made on the basis of draw of lot manually or by computer processing.  Reserve prices are fixed for allotment of commercial plots/shops, group housing/builder plots and plots for sports cities, where allotment is made to the highest...............

CHAPTER – V (5.4) Allotment of Industrial Properties CHAPTER -V 5.4 Allotment of Industrial Properties Introduction 5.4.1 The main objective of NOIDA is to develop industrial area s for which industrial plots are...............

84 lakh sqm), Sports City - 17. 07 per cent (32.14 lakh sqm), Institutional - 8.1 4 per cent (15. 33 lakh sqm) and Farm House - 9.7 5 per cent (18.37 lakh sqm).  Most of the allotment s for Group Housing category i.e. over 98 per cent in terms of area took place during the period 2005 -06...............

in audit due to non -reconciliation by NOIDA (as discussed e arlier in Paragraph 5.1.10 of Chapter V ) and chances of forged deposits shown in the computerised system and non -monitoring overdue amount there against cannot be ruled out. In its reply, NOIDA stated (August 2020) that, the...............

Under the mixed land us e policy NOIDA allowed 25 per cent of permissible industrial area for non -industrial purposes i.e . A uto show rooms, art galleries and museums . The basic objective of NOIDA was to promote industrialisation but allowing commercial activity in industrial area s not only...............