Audit Reports

2.12 22 Concealment of purchase 2.13 23 Under assessment of tax due to acceptance of inadmissible ‘F’ forms 2.14 25 Short payment of tax on work contracts 2.15 26 Short payment of tax 2.16 26 Evasion of tax by bonded warehouses 2.17 27 Interest not levied on late payment of tax 2.18 29 Non............

1 of the year 2018 18 Standard procedures for award of contracts with ref erence to principles of economy, efficiency and effectiveness and guidel ines issued by the Asian Development Bank (ADB); and Construction schedule and methodology submitted by the contractor for the execution of............

Motor Spirit Tax 54 52 106 29 77 27.36 c. Luxury Tax 7,711 6,924 14,635 7,167 7,468 48.97 d. Tax on Works Contracts 1,421 934 2,355 1,374 981 58.34 e. Others 27,384 18,108 45,492 27,297 18,195 60.00 Total 38,848 27,839 66,687 37,942 28,745 56.90 2) Taxes on Agricultural Income 446 296 742............

decided upon the above agency as the implementing agency for the project without complying with the provisions of Stores Purchase Manual on award of contracts. 3.8.2 Failure of Kudumbashree in ensuring successful implementation of the scheme The M oU entered into by Kudumbashree with the Project............

Audit of 23 contracts out of 104 contracts under execution during 2012-13 to 2016-17 in respect of development works revealed that wo rk was awarded on single bid basis without valid justification in three cases ( `2.08 crore). Engagement of Project Ma nagement Consultants The Corporation............

that the Company had released (October 2013 to August 2015) ` 3.03 crore as 10 per cent interest free mobilisation advance on erection portion of the contracts under Part-B project works. The Management stated (September 2017) that it exte nded the mobilisation advance to the contractors as per............

However, budget provision of 2013 -14 earmarked for these works could not be utilised as the process of awarding of contracts was not completed during that financial year. The contracts were 63 Section 2 of the NH Act,1956. 64 Section 5 of the NH Act,1956. 65 Srirangapatna – Jewargi Road............

of assets  Claims and commitments made by the Government on revenue demands raised but not realized  Liability in respect of major works and contracts, committed liabilities in respect of land acquisition charges and claims on State Governm ent in respect of unp aid bills on works and............

(Paragraph 2.4.1)  In nine offices, the AAs incorrectly allowed ITC of ` 1.63 crore on works contracts of 1 1 dealers. The incorrect allowance was due to allowing ITC to dealers who were not eligible and the AAs allowed 100 per cent ITC though the dealers were eligible for only 90/75 per cent............

6 of 2018 Page i Reference to Paragraph Page Preface v Overview vii Part – A Panchayat Raj and Rural Development Department Chapter I An overview of the functioning and financial reporting of Panchayat Raj Institutions An overview of the functioning of the Panchayat Raj Institutions............