Audit Reports

Report No. 12 of 2021 1 Summary of Financial Performance of Central Public Sector Enterprises CHAPTER I 1.1 Introduction This Report presents the summary of...

Report No. 12 of 2021 39 Oversight Role of CAG CHAPTER II 2.1 Audit of Public Sector Enterprises Comptroller & Auditor General of India (CAG) appoints the statutory...

Report No. 12 of 2021 73 Disinvestment Process CHAPTER II I 3.1 Disinvestment Policy of Government of India The Department of Disinvestment was set up as a separate...

Report No. 12 of 2021 96 Corporate Social Responsibility CHAPTER IV 4.1 Introduction The primary objective of Corporate Social Responsibility (CSR) is to promote...

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...

Report No. 12 of 2021 ix Executive Summary I. Summary of f inancial performance of Central Public Sector Enterprises There were 697 Central Government Public Sector...

12 of 2021 iii were added to the profit making CPSEs in 2019 -20 V List of Government companies excluded from the list of profit making companies in 2019- 20 133 VI List of Government companies having negative Net Worth as on 31 March 2020 134 V II Shortfall in dividend declared by...

Report No. 12 of 2021 vii PREFACE The accounts of Government Companies are audited by the Comptroller and Auditor General of India (CAG) under the provisions of...

Report No. 9 of 2021 Ground Water Management and Regulation 31 Ground Water Regulation 3.1 Introduction Although Water is a State subject, the regulation of ground...

Report No. 9 of 2021 Ground Water Management and Regulation 11 Management of Ground Water 2.1 Introduction Ground water is an annually replenishable resource but...

Report No. 9 of 2021 Ground Water Management and Regulation 65 Implementation of schemes on Ground Water Management and Regulation 4.1 Introduction According to the...

Report No. 9 of 2021 Ground Water Management and Regulation 1 Introduction 1.1 Background Water is essential for life, living and livelihood. Increasing population,...

Report No. 9 of 2021 Ground Water Management and Regulation iii Executive Summary Introduction and background Ground water is the water which exists below the su...

Report No. 9 of 2021 Ground Water Management and Regulation 85 Sustainable Development Goals and Ground Water 5.1 Introduction Sustainable development has been...

Report No. 9 of 2021 Ground Water Management and Regulation i Preface This Report for the year ended March 2018 has been prepared for submission to the President of...

Report No. 8 of 2021 (Direct Taxes) 27 Chapter III: Corporation Tax 3.1 Introduction 3.1.1 This chapter discusses 356 high value corporate cas es (refer para 2.3)...

Report No. 8 of 2021 (Direct Taxes) 1 Chapter I: Direct Taxes Administration This chapter gives an overview of the direct taxes administration, revenue trends in...

Report No. 8 of 2021 (Direct Taxes) 17 Chapter II: Audit Mandate, Products and Impact 2.1 Authority of the CAG for audit of receipts Article 149 of the Constitution...

Appendices Report No. 8 of 2021 (Direct Taxes) 69 Appendix 1.1 (Reference Paragraph 1.6) Tax Administration process Report No. 8 of 2021 (Direct Taxes) 70 Appendix 2.1...

Over-charge\bof\btax/intere\ft\b 66\b vi. Recommendation\f\b 66-67\b Appendice\f 69-72 Abbreviation\f 73 Report No. 8 of 2021 (Direct...

Report No. 8 of 2021 (Direct Taxes) i Preface This Report for the year ended March 2020 has been prepared for submission to the President under Article 151 of th e...

Howeve\f, we \feceived \fe\blies f\fom the Minist\fy/CBDT only fo\f 43 high value cases (July 2021). Out of these cases, the ITD had eithe\f com\bleted o\f initiated \femedial action in 491 cases (85 per cent \bf all ca\fe\f ) having a tax effect of ` 3,597.06 c\fo\fe. The ITD did not \b\foduce...

Report No. 8 of 2021 (Direct Taxes) 73 Abbreviations ACIT Assistant Commissioner of Income Tax Act The Income Tax Act, 1961 AI Assessed Income AIR Annual...

Haryana Khadi and Village Industries Board, Panchkula 2017-18 to 2021-22 2017-18 2017-18 2015-16 2018-19 One year 2. Haryana Labour Welfare Board, Chandigarh 2018-19 to 2022-23 2018-19 2018-19 2017-18 -- -- 3. Haryana Shehri Vikas Pradhikaran (HSVP), Panchkula 2017-18 to 2021-22 2018-19...

Exit conference with Addi tional Chief Secretary, Finance and Planning Department, Haryana was held o n 9 June 2021 wherein the issues taken up for review in the State Finance Aud it Report were discussed. Responses of the Government, wherever received, are suitably incorporated. 1.3 Report...

The matter was pointed out to the Government in Aug ust 2020. During exit conference (April 2021), the Department accepted the audit observations and stated that strenuous efforts would be made to expe dite the cases pending in courts of Collectors under Section 47-A, of the IS Act for early...

The matter was reported to th e Government in November 2020. During exit conference (March 2021), the Department accepted the audit observations and stated that an amount of ` 8.68 lakh had been recovered by DETC (X) Jagadhri and recovery proceedings/efforts are being made to recover the...

In all, 1 7 draft paragraphs were sent to the Additional Chief Secretaries of the respective Departments between August 2020 and February 2021; replies of Excise and T axation Department, Revenue and Disaster Management Department received during exit conference are incorporated in the...

3 of 2021 60 the provisions relating to implementation and reporting have been complied with. 5.3 Audit scope and coverage As per criterion specified under section 135 (1) of the Act, out of 25 working State Public Sector Enterprises (SPSEs) in 2018-19, 10 SPSEs ( Appendix V A ) were...

3 of 2021 8 Particulars 2015-16 2016-17 2017-18 2018-19 2019-20 Percentage of Turnover to GSDP of Haryana 5.98 7.40 5.65 5.21 4.00 Source: Compilation based on Turnover figures of P ower Sector SPSEs and GSDP figures as per information supplied by Department of Econom ic and Statistical...

1 The six SPSEs are identified by two asterisks (** ) in Appendix II A. Audit Report No. 3 of 2021 22 Summary of financial performance of SPSEs covered in this Report: Number of SPSEs 31 SPSEs Covered 25 Paid-up capital (25 SPSEs) ` 708.16 crore Equity investment of Government of Haryana...

3 of 2021 78 Appendix II A ( Referred to in Paragraph 2.1 ) Government Companies/Corporations and Government co ntrolled other Companies (other than power sector) under the purview of CAG’s audit during 2019-20 Sl. No. Name of Company/Corporation Remarks Government Companies 1 Haryana Agro...

1 Haryana Financial Corporation and Haryana State Wa rehousing Corporation. Audit Report No. 3 of 2021 36 Section 96 of the Companies Act, 2013 requires every company to hold AGM of the shareholders once in every calendar year. It is also stated that not more than 15 months shall elapse between...

5 Faridabad City Transport Services Limited and Karnal Smart City Limited. Audit Report No. 3 of 2021 2 Twenty one working SPSEs earned profit of ` 975.78 crore and eight SPSEs incurred losses of ` 38.10 crore as per their latest finalised accounts. Accountability framework 3. The...

(Para 1.3.2 and 2.3.2) Audit Report No.3 of 2021 vi There were six SPSEs that incurred losses during the year 2019-20. The losses incurred by these companies increased from ` 37.43 crore in 2018-19 to ` 38.10 crore in 2019-20. (Para 2.4) Net Worth/Accumulated Loss There were seven SPSEs...

 Holding, subsidiary, joint venture or associate com panies of companies covered above. Audit Report No. 3 of 2021 70 Phase II The following companies shall comply with Ind AS for financial statements for accounting periods beginning on or after 1 Apri l 2017, with the comparatives for the...

3 of 2021 ii Description Reference to Paragraphs Page/ Remarks Other Committees 4.7 55-56 Whistle Blower Mechanism 4.8 56 Notice of Annual General Meeting 4.9 57 Policy relating to Related Parties 4.10 57 Disclosure of information on website 4.11 57 Conclusion and Recommendations 58 Chapter-V...

As on date (January 2021 ), no sports infrastructure has come up in the allotted plots . In its reply , NOIDA accepted (September 2020) that t ill date sports facilities have not achieved the envisioned form. The way terms and conditions were included in the brochur e and the way these were...

In this context the SRP - 2021 provided that all activities in the controlled/development area will be permitted as per the provisions of Zoning Regulation s of notified Master Plan . The activities permitted under agricultural use in NOIDA Master Plan 2021 were dairy farm, farm house , milk...

Performance Audit Report on “Land Acquisition and Al lotment of Properties in NOIDA” 292 Audit noticed that GoUP approved SRP 2021 in December 2013 while it approved the MP 2021 of NOIDA in August 2006 . Further, GoUP gave NOC to the MP 2031 for NOIDA in September 2011 even though SRP 2031...

2005 -06 to 2017 -18 have been submitted by NOIDA to the Office of the Principal Accountant General (Audit -II), Uttar Pradesh, Lucknow in February 2021. Audit Objectives 1.8 The objec tives of the present Performance Audit of ‘Acquisition of Land and Allotment of Properties in NOIDA ’ were...

The M aster Plan -2031 was prepared even though there was no R egional P lan for 2031 . The M aster Plan - 2021 was replaced with M aster Plan -2031 to overcome various deficiencies but the latter also failed to address the issues raised by CTCP and NCRPB. The State Government accorded ‘No...

However, despite spec ific request by Audit, NOIDA did not clarify whether saleable area was increased as 55 per cent in Master Plan 2021/2031. Reduction of t enure for interest cost 4.8.5 While determining the basic rate for allotment, NOIDA includes a component of interest on the land cost and...

In a subsequent reply (March 2021), NOIDA stated that CBS International had intimated that commercial units were sold only to IT/ITES entities. Though NOIDA has accep ted t he deficiency in allotment, it has not fixed any responsibility in the matter involving allotment made on misleading facts...

Audit fu rther noted that NOIDA had cancelled (February 2021) allotment of 1,08,421.13 sqm land due to non -payment of dues. The instant case points to an allotment made by NOIDA in disregard of all established procedures. Special dispensation was made as for conti guous allotment, two sectors...

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...

However, no further reply has been received from NOIDA so far (March 2021) . Conclusion The purpose of making allotments under Inst itutional category was to use any land/building or part thereof for carrying on activities like testing, research, demonstration etc. for the betterment of society...

Audit Report (Revenue Sector) for the year ended 31 March 2020 10 The Department accepted (between April 2019 and June 2021) three cases pointed out in the year 2019 -20. Further, in respect of audit observations prior to the year 2019 -20 , the Department accepted (between April 2019 and June...

2019 15 00 15 4 31 March 2018 (Stand Alone, State Excise) 19 July 2019 08 00 08 5 31 March 2018 24 February 2020 17 00 17 6 31 March 2019 18 August 2021 23 Not due Total 120 00 97 6 In the year 201 9-20 , the PAC discussed 51 7 selected paragraphs pertaining to the Audit Reports for the years...

the audit observations were communi cated to the Department between January 2020 to May 2020, however, their replies ha ve not been received (July 2021) . Out of these, s ome categories of irregularit y have been reported repeatedly during the last five years as detailed in Table -4.2. Table...

these audit observations were communicated to the Department between July 2019 and June 2020 , however, their replies have not been rece ived (July 2021). Out of these, some categories of irregularit y have been reported repeatedly during the last five yea rs as detailed in Table -5.2 . 1 DMOs...

7 Of total 168 towns under R -APDRP. Chapter -II: IT Enabled Energy Accounting a nd Auditing 13 In the Exit Conference (March 2021), the Government acknowledged the issue of system generated erratic AT&C report and stated that de ficiencies were detected in system generated energy accounting and...

replies of the Management , the Draft Performance Report was issued to the Government /Management for obtaining their comments ( 9 February 2021 ). The reply is awaited. The Exit Conference was held on 16 March 2021 . The Government has accepted seven recommendations (out of a total of...

In the Exit Conference (March 2021), the Gove rnment directed the Company to look into the matter of cases related to irregular exemptio n of ED to ineligible consumers. Performance Audit Report on Centralised Information Technology Billing System being operated by State Power Utilities in...

In the Exit Confer ence (March 2021), the Government stated that the issue had been in its knowledge and remedial action was being taken. Non -execution of permanent disconnections 6.3 Clause 4.38 (b) of the Code provides that the supply shall be disconnected permanently if t he cause for...