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of the Tamil Nadu Financial Code stipulates that heads of offices should report all cases of defalcations or loss of public moneys, stores or other movable or immovable properties to the Accountant General. Further, the Financial Code prescribes the principles and procedures to be followed for............
This Report contains one performance audit and 19 paragraphs relating to non/short levy of taxes, duties etc., involving RS 574.95 crore. Chapter I is based on the audit of Finance Accounts and State Budget for the year ended March 2012. This...
Plant and Machinery The Indian Stamp Act provides that “Conveyance” includes a conveyance on sale and every instrument by which property, whether movable or immovable, is transferred inter vivos8 and which is not otherwise specifically provided for by Schedule I or by Schedule I-A or by............
manufacturing, processing, fabrications, erections, installation, fitting out, improvement, modification, repair or commissioning of any movable or immovable property”. PVAT Act further envisages that, no person other than a casual trader, who is liable to pay tax under this Act,............
This Report has been prepared for submission to the Lieutenant Governor under Section 49 of the Government of Union Territories Act, 1963. Audit observations on the Annual Accounts of the Union Territory Government would form part of a Report on...
can be no Stamp Act, 1899 conveyance includes a such thing as conveyance on sale and every instrument by cancellation of a which property whether movable or conveyance under immovable, is transferred inter vivos and which right of which is not otherwise specifically provided property has............
the action to recover the arrears from the movable/immovable property of vehicle owner is required to be taken. We observed that the taxation officers did not initiate action to levy and realise the tax due. After we pointed out, the Government stated (October 2010) that in respect of 1,426............
and these vehicles are not in use, 31 Audit Report (Revenue Receipts) for the year ended 31 March 2010 the action to recover the arrears from the movable/immovable property of vehicle owner is required to be taken. We observed that the taxation officers did not initiate action to levy and............
Tamil Nadu Agro Industries Development Corporation Limited 3.11 Inadequate arrangement for safeguarding movable/immovable assets The Company which has become non functional from March 2003 did not safeguard its movable/immovable assets. There were delays in conveyance of land in its favour............
Tamil Nadu Agro Industries Development Corporation Limited 3.11 In adequate arrangement for safeguarding movable/immovable assets The Company which has become non functional from March 2003 did not safeguard its movable/immovable assets. There were delays in conveyance of land in its favour............
This Report contains 61 paragraphs and one Performance Audit (PA) relating to non/short lev of tax. interest, penalty, revenue foregone, etc., involving RS 6.195.38 crore. The total revenue receipts of the Government for the year 2012-13 amounted to ...
In case instrument by which property, whether possession of property is handed movable or immovable, is transferred over after receipt of full amount of inter vivos and which is not otherw ise consideration or promise to pay specifically provided for in Schedule consideration later on. the 1A............
4.14.12 Misclassification of documents As per the IS Act, Settlement means any non testamentary disposition in writing, of movable or immovable property made – (a) in consideration of marriage, (b) for the purpose of distributing property of the settler among his family or those for whom he............
4.14.12 Misclassification of documents As per the IS Act, Settlement means any non testamentary disposition in writing, of movable or immovable property made - (a) in consideration of marriage, (b) for the purpose of distributing property of the settler among his family or those for whom he............
This Report contains 31 paragraphs including two performance audit relating to non/short levy of taxes, duties, interest and penalty etc., involving RS 94.52 crore. The total receipts of the State Government for the year 2009-10 were RS 22,156.58...
the conveyance on sale and every developers to develop and construct instrument by which property, residential/commercial buildings on the whether movable or owner’s land. In return, the owners were immovable, is transferred is to receive sale proceeds of developed chargeable to duty as............
further time as the TRO may grant, he shall proceed to realise the amoun t by issue of warrant for payment, attachment and sale of the defaulter’s movable/ immovable properties or shall proceed to arrest and detai n the defaulter in a civil prison for specific periods pending realisation of the............
proceed to realise the amount initiated by the TROs of by issue of warrant for payment, attachment and seven Circles between sale of the defaulter's movable/ immovable 1990-91 and 2011-12 by properties or shall proceed to arrest and detain issuing notices to the the defaulter in a civil prison............
This Report contains 42 paragraphs including a review highlighting non-levy or short levy of tax, interest, penalty, revenue foregone, etc., involving RS 304.94 crore1. The Government's total revenue receipts for the year 2009-10 amounted2 to RS...
on the deeds of transfer of immovable property situated in an urban area after 25 May 2005; (ii) levy of SD and RF at the prescribed rates on sale of movable and immovable property; and (Hi) registration of lease deeds/sale agreements at prescribed rates. Non-observance of some of the above............