Audit Reports

lter, to sell the goods belonging to the defa\blter which are \bnder the control of the proper officer and to take action to distrain and sell any movable or immovable property belonging to s\bch person. Similarly, Section 73 of the Finance Act, 1994, empowers the Central Excise Officer to............

During verification Audit noticed in 43 cases 11 that ITD failed to ensure that all transactions of sale/\burchase of im movable \bro\berties were brought to tax net where the assessees filed their ITRs but did not show the transaction of sales of immovable \bro\berties of ` 90 crore in the............

2. State e xcise 49.91 19.91 Non-availability of information of movable/immovable properties of licensees and Court stay orders . 3. Taxes and duties on e lectricity 708.53 108.35 RRCs issued ( ` 169.05 crore ); pending in Courts ( ` 93.32 crore ); demand notices issued (` 446.21 crore) . 4.............

in all the cases, recovery was pending due to pendency in Courts or appellate authorities, non-initiation of action to recover the amount by selling movable/immovable properties of the default ers, non-traceability of the individual defaulters, non-writing off arrears which were not recoverable,............

Corporation (NABARD) 67.80 60 11-BC and MBC Welfare Department 2225-03-277-0212- Scheme for Development of Other Backward Classes and Un-notified Movable and Semi Movable Tribes 1.60 61 2225-03-277-0213- Scheme for Development of Economically Backward Classes 2.00 62 2225-03-277-0215- Pre............

Other five reports namely Receivable and Payable Register , Register of Immovable Property, Register of Movable Property, Inventory Register, D emand, Collection and Balance Register had not been prepared as prescribed by the CAG. Against the above backdrop, the maintenance of acco unts by............

The Department 1 Conveyance means a conveyance on sale by which pr operty, whether movable or immovable, or any estate or interest in any propert y is transferred to, or vested in, any other person, inter vivos , and which is not otherwise specifically provided for by Schedule-I. 2 Sub............

by the Collector in that behalf, to proceed to recover the arrear, together with interest and costs of process , by the sale of the defaulter's movable and 'immovable property, or by execution against the person or the defaulter. Cases are referred by departm ent for recovery under the RR............

of the Tamil Nadu Financial Code stipulates that heads of office should report all cases of defalcations or loss of public moneys, stores or other movable or immovable properties to the AG (A&E) . Further, the Financial Code prescribes the principles and procedures to be followed for enforcing............

not been paid, the licence granted may be cancelled and any amount payable to the Government may be rec overed from the defaulters by sale of their movable property or as arrears of land revenue. Audit of records of the ACE and the SsE revealed that 238 IMFL retail licencees failed to renew............