Audit Reports

The Report contains an overview of significant audit observations and two chapters. Chapter I of the Report narrates the general information about audited entities, audit coverage, responses of the Government to the Audit Inspection Reports/Audit...

2. The 57 PSUs that had finalised their accounts in th e last three years had an average negative Return on Investment of 0.8 8 per cent against average borrowing cost of 6.72 per cent resulting in notional loss to the public exchequer of ` 3,672.26 crore in the past three years...............

Total Receipt under the Major Head Receipt under Minor Head 800-Other Receipts Percentage 1 0029-Land Revenue 406.65 69.25 17.03 2 0035-Taxes on Immovable Property other than Agricultural Land 583.52 583.52 100 3 0039-State Excise 7,532.59 5,824.73 77.33 4 0043-Taxes and Duties on Electricity...............

may devise app ropriate procedures to ensure that builders entering into co mposite contracts involving both works contract and transfe r of immovable property are treated as works contractors for purpo ses of assessment of tax. (Paragraph 3.6.19) Audit observations of Compliance Audit...............

to pursue re covery of drawback amount in terms of Section 142 of the Customs Act which provides for issue of detention notice or by attachment of property. DoR in their reply (February 2018) stated that in Bengaluru Commissionerate, M/s E-Land Apparel Ltd. (formerly known as Mudra Lifestyle...............

The uns old stock of NSC/KVP was to be returned by HOs to CSD and further by CSDs to IS P Nasik. Scrutiny of records revealed that CSDs did not send CCs of different denomination (2,17,16,184 in number) after its discontinuance to ISP Nasik but retained the same in their stock as on September...............

Prudential borrowing norms suggest that borrowed funds should be deployed in such a manner that return from deployment of borrowed funds is mo re than borrowing cost of debt to be sustainable. It is therefore essential that t here should be a policy framework for deployment of borrowed...............

The Accelerated Irrigation Benefits Programme (AIBP) was launched during 1996-97 as a Central Assistance (CA) programme for accelerating the implementation of large projects which were beyond the resource capability of the States and completion of...

74 Reserved Forests : The State Government may constitute any forest land or waste land which is the property of Government, or over which the Government has proprietary rights, or to the whole or any part of the forest p roduce of which the Government is entitled, to declare it a reserve forest................

coaching to minorities students for preparation of Bihar Public Service Commission 1.00 114 2250-00-800-0107- Maintenance Security and growth of WAQF property 0.20 115 5465-01-190-0103- Contribution of participating States in form of share capital of National Minority Development and Finance...............