Audit Reports

Report No. 43 of 2017 (Indirect Taxes – Service Tax) 51 Chapter IV Effectiveness of Internal Controls 4.1 Introduction Internal controls in an organisation are designed t o address risks and to provide reasonable assurance that in pursuit of the...

Report No. 43 of 2017 (Indirect Taxes – Service Tax) 1 Chapter I Service Tax Administration 1.1 Resources of the Union Government The resources of Government of India include all re venues received by the Union Government, all loans raised by...

Rep\brt N\b\f 42 \bf 2017 (Indirect Taxes-Central Excise) 57 Chapter IV Non-comp\fiance with ru\fes and regu\fations 4.1 Introduction Sec\fion 16 of CAG’s (DPC) Ac\f, 1971 deals wi\fh CAG’ s d\b\fy in rela\fion \fo A\bdi\f of Receip\fs and...

Rep\brt N\b\f 42 \bf 2017 (Indirect Taxes-Central Excise) 69 Chapter V E\b\bectiveness o\b interna\f contro\fs 5.1 Interna\f contro\f In\fernal con\frol is an in\fegral process carried o\b\f by an en\fi\fy’s managemen\f and personnel which is...

Report No. 35 of 2017 25 CHAPTER - III Revenue Shared by M/s Telenor (India) Communication Ltd 3.1 Introduction Unitech Wireless acquired GSM licenses for 22 Telec om Circles in the name of eight 1 different entities during the year 2008. National L ...

Report No. 35 of 2017 5 CHAPTER – II Revenue Shared by Tata Teleservices Limited and Tat a Teleservices (Maharashtra) Limited 2.1 Introduction Tata Teleservices Limited (TTSL) was incorporated a s a company in 1996. It commenced operations as...

Report No. 32 of 2017 29 Chapter 4: Analysis of components of receipts and expenditure Tax and non-tax revenue, receipts from disinvestmen ts, recovery of loans, expenditure in the nature of revenue, capital and l oans & advances are critical...

Report No. 32 of 2017 47 Chapter 6: Disclosure and Transparency in fiscal operations The FRBM Act requires that the Central Government s hall take suitable measures to ensure greater transparency in its fiscal operat ions and make such disclosures...

Report \bo. 40 o\f 2017 (Direct Taxes) 77 Chapter VI: Bogus transactions by assessees 6.1 Introduction The whi\fe paper on Black Money 87 defines black money “as asse\fs or reso\brces \fha\f have nei\fher been repor\fed \fo \fhe p\bblic a\b\fho...

Chapter III Free and Compulsory Elementary Education Article 21A of the Constitution of India has provided for free and compulsory education of all children in the age of six to 14 y ears as a Fundamental Right. National Policy on Education, 1986...

Chapter VII Monitoring and Grievance Redressal 7.1 Formation of State Advisory Council Section 34 of the RTE Act provides that State government shall constitute by notification, a State Advisory Council, consisting such number of members not...

Chapter I Introduction 1.1 Introduction The Right of Children to Free and Compulsory Education Act, 2009 was enacted by the Parliament in August 2009, which cam e into force on 1 April 2010. The Act provides for right of every child of the age of...

Chapter II Financial Management Section 7 (1) of the Act states that the Central Government and the State Governments shall have concurrent responsibility fo r providing funds for carrying out the provisions of this Act. However, t here was no...

Chapter VI Implementation of the RTE Act in other than State Government Schools Section 18 of the RTE Act states that for imparting elementary education, no school other than a school established, owned or co ntrolled by the appropriate government...