Audit Reports

3 M/s. North East Consultancy Services Ltd. Audit Report for the year ended 31 March 2018 6 On the above being pointed out in audit, the Depart ment/Government accepted the facts. Regarding the role of the PTAs, the Departme nt replied (December 2018) that it was confined to academic progress..................

21-12-2016 GI Structure MT 133812 68.289 9137887.7 71434 4878156.426 4259731.24 Total 318119441 86176477.95 231942963.10 Source: Commissioner of Taxes, Dimapur and departme ntal records. Appendices 237 Appendix 2.3.11 Statement showing excess payment to contractor on t he project..................

IV – REVENUE SECTOR Trend of revenue receipts 4.1.1 133 Analysis of arrears of revenue 4.1.4 135 Arrears in assessments 4.1.5 136 Evasion of tax detected by the Department 4.1.6 137 Response of the Government / Departments towards Au dit 4.1.7 137 Analysis of the mechanism for dealing..................

8 crore over the actual cost even after admitting the transportation charge s and the margin claimed by the supplier along with mandatory payment of taxes with a malafide intention to commit fraud and misappropriate Government money. {(Paragraph 2.7.2 (a))} The Department of Power, Government of..................

133 CHAPTER - IV REVENUE SECTOR E 4.1 General 4.1.1 Trend of revenue receipts The tax and non-tax revenue raised by the Governmen t of Nagaland during 2017-18, the State’s share of net proceeds of divisible Union taxes and..................

5.3.8.5 Non-adoption of Online PRAN Generation Mo dule (OPGM) Online PRAN Generation Module (OPGM) was introduced by NSDL for Nodal offices to expedite the process of PRAN registration and generation. Online generation of PRAN, unlike physical submission of forms, reduces time and efforts..................

179 CHAPTER - VI FOLLOW UP OF AUDIT OBSERVATIONS 6.1 Response of the Departments to the recommendations of the Public Accounts Committee The Public Accounts Committee Reports/recommendatio ns are the principal medium by which the Legislature...

timates, supplementary grants, surrenders and re-appropriations distinctly and ind icate actual capital and revenue expenditure on various specified services vis-à-vis those authorized by the Appropriation Act in respect of both charged and voted items of b udget. Appropriation Accounts, thus,..................

the bodies/authorities which a ttract audit under Sections 14 and 15 of the Comptroller and Auditor General’s (Duties, Powers a nd Conditions of Service) Act, 1971, the Government/Heads of the Departments are require d to furnish to Audit every year detailed information about the financial..................

69 per cent of this was raised by the State through tax revenue ( ` 46,459.61 crore) and non -tax revenue ( ` 11,199.61 crore). The balance 31 per cen t was receipt from the Government of India as State’s share of divisible Union taxes (` 16,833 .08 crore) and Grants -in-aid ( ` 8,527.84..................

Chapter : III – Taxes on Vehicles 23 CHAPTER -III TAXES ON VEHICLES 3.1 Tax administration The receipts from the Transport Department are regulated under the..................

0040 - Tax on sales, trade etc. 9,956.91 4,285.76 In State Goods and Services Tax Department, an amount of ₹ 9,167.22 crore is pending due from individuals, private firms, private companies. An amount of ₹ 640.64 crore is pending due from public sector undertakings of Government of India, ₹..................

29 Maintenance cost, day to day expenses, taxes, etc. Chapter III – Functioning of Kerala State Housing Board 51 Sl. No. Name of project Year of project proposal Project details Audit observation GOK reply 4. Aswas Rental Housing Scheme 2017 -18 Construction of flats in Government..................

The real time online system was intended for monitoring the attendance of the staff as well as the students of the ITIs since the maintenance of trainee s attendance was posing problems leading to unwanted incidents. Test -check of the 23 ITI s under ITD revealed that the biometric attendance..................

Appendices 103 APPENDIC ES Appendix 1.1 Year -wise break up of outstanding Inspection Reports (IRs) as on 30 June 2018 (Reference: Paragraph 1.7.1 ; Page: 7) Year Up to 2013 -14 2014 -15 2015 -16 2016 -17 2017 -18 Total CULTURAL AFFAIRS DEPARTMENT...

Section-A-Revenue 2013-14 2014-15 2015-16 2016-17 2017-18 Section-A: Revenue Revenue Receipts 75,749.24 88,640.78 1,05,510.60 1,23,306.79 1,34,875.39 Tax Revenue 33,552.16 36,567.12 40,213.66 44,193.65 44,810.85 Non -Tax Revenue 7,704.99 10,375.23 8,568.79 9,086.51 9,061.18 Share of Union..................

of Revenue Receipt 15.10 17.66 11.30 9.38 b. of Own Tax Revenue 14.90 15.86 12.20 1.40 c. of Non Tax Revenue 9.50 13.31 5.90 -0.28 d. of Total Expenditure 15.80 18.86 4.70 7.21 e. of Capital Expenditure 14.00 19.16 1.0 13.28 f. of Revenue Expenditure on Education 14.50 20.07 6.2 11.87 g. of..................

 Central Transfers, comprising of the State Share of Central taxes and Grants-in-aid from Government of India, increased b y ` 2,066.85 crore in 2017-18 over 2016-17 which constituted over 91 per cent of Revenue Receipts.  Revenue Receipts during 2016-17 grew by 16.94 per c ent ( ` 1,995.03..................

2.4.2.5 Unrealistic forecasting of resources Details of tax revenue and non-tax revenue for the last two years are given in Table 2.14 below: Table - 2.14: Tax Revenue, Non-Tax Revenue during 2 016-17 and 2017-18 (` `` ` in crore) (Source: Budgets and Finance Accounts ) Sl. No Number and name..................

for identification of institutions which attract audit under Section 14 of the Comptroller and Auditor General’s (Duties, Powers and Conditions of Service) Act, 1971, the State Finances Audit Report for the year ended 31 March 2018 68 Government/Heads of Departments are required to fur nish to..................

Central tax transfers : Tax devolutions from the Central Government increased from ` 33,715 crore in 2016-17 (17 per cent of revenue receipts) to ` 37,219 crore in 2017-18 (15 per cent of revenue receipts). The devolution of the State’s share of Union Taxes assigned to the St ate increased..................

The budget estimat es of receipts should be based on the existing rates of taxes, duties, fees etc. The findings in preparation of the Budget, manageme nt of expenditure noticed in audit have been discussed in the subsequent paragraphs. 2.2 Summary of Appropriation Accounts The summarized..................

No. of buses delivered 78 22 200 300 2. Cost Per bus including taxes ( ` in crore) 0.61 1.00 0.25 - 3. Total Cost including taxes ( ` in crore) 47.5 8 22.00 50.00 119.58 4. Amount Paid (excluding VAT) ( ` in crore) 43.67 17.93 45.24 106.84 5. Scheduled date of delivery October 2015 December..................

with corresponding loss to the Government ex chequer by not incorporating the necessary clause in the lease agreement for recover y of the service tax. ( Paragraph 6.3..................

company’s profitability and the efficiency with which its capital is used and is calculated by dividing compa ny’s earnings before interest and taxes (EBIT) by Capital Employed. Return on Equ ity is a measure of performance calculated by dividing net profit after tax by Shareholders’ fund...................

compan y’s profitability and the efficiency with which its capital is used and is ca lculated by dividing company’s earnings before interest and taxes (EBIT) by capita l employed. Further, Return on Equity is a measure of performance calculated by di viding ‘net profit after tax’ by..................

On analysis of billing data of consu mers for the year 2017-18 in 4 Tata Consultancy Services Limited. Owing to non-collection of Electricity Duty at revi sed rates, there was short billing leading to loss of ` `` ` 0.32 crore to the exchequer. Chapter III – Compliance Audit Observations..................

Assam Tea Corporation Limited 6.3 Non-collection of service tax The Finance Act, 1994 (Act) enacted by the Governme nt of India (GoI) included the renting of immovable property services under the scope of Service Tax with effect from 1 June 2007. As per the provis ions of the Act, read with..................