Audit Reports

8 Arrears in finalisation of accounts 1.10 to 1.12 8-10 Placement of Separate Audit Report s 1.13 10 Impact of non -finalisation of accounts 1.14 11 Performance of PSUs as per their latest finalised accounts 1.15 to 1.18 11 -12 Winding up of non -working PSUs 1.19 and 1.20 13 Comments on Accounts..................

The Report containing the findings of performance audit and audit of transactions in various departments, Report containing observations on audit of Statutory Corporations, Boards and Government Companies and the Report on Revenue Sector are presented separately. EXECUTIVE SUMMARY Background..................

Tax ad ministration 2.1 15 Results of audit 2.2 15 Performance Audit on “S YSTEM OF ASSESSMENT UNDER VAT” 2.3 16 -37 Other Compliance issues Excess allowance of Notional Input Tax Credit 2.4 37 Excess allowance of Input Tax Credit 2.5 38 Short l evy of purchase tax 2.6 40 Short levy of..................

1.9 5 Arrears in finalisation of accounts 1.10 -1.12 5-6 Placement of Separate Audit Reports 1.13 6-7 Impact of non -finalisat ion of accounts 1.14 7 Performance of PSUs as per their latest finalis ed accounts 1.15 -1.18 7-9 Winding up of non -working PSUs 1.19 -1.20 9-10 Accounts Comments 1.21..................

Recoveries at the instance of Audit 1.10 5 Status of placement of Separate Audit Reports of Autonomous Bodies in the State Assembly 1.11 6 Chapter 2 Performance Audit Housing and Urban Planning Department Performance Audit of Lucknow Development A uthority 2.1 7-27 Infrastructure and Industrial..................

1.9 6 Arrears in finalisation of accounts 1.10 -1.12 6-8 Placement of Separate Audit Reports 1.13 8-9 Impact of non -finalisation of accounts 1.14 9 Performance of PSUs as per their latest finalised accounts 1.15 -1.18 9-12 Winding up of non -working PSUs 1.19 -1.20 12 Accounts Comments 1.21..................

structure of the Office of the Accountant General (E&RSA), Karnataka 1.4 3 Planning and conduct of audit 1.5 3 Significant audit observations 1.6 3 Performance Audit on Promotion and Development of Tourism in Karnataka 1.6.1 3 Compliance Audit 1.6.2 5 Lack of responsiveness of Government to..................

Tax a dministration 2.1 13 Results of a udit 2.2 13 Performance Audit on “System of Assessment under VAT” 2.3 14 Audit o bs ervations 2.4 40 Non/Short levy of tax 2.5 40 Non -imposition of Penalty 2.6 44 Non/short levy of entry tax 2.7 47 Misuse of declaration forms 2.8 51 Non/Short..................

Management stated that TTSL was paying rent for office spaces. In certain places, space was taken by vendors who had to pay rent to the landlord. In such cases, TTSL was initially making the payment of rent and subsequently recovering the rent at actual from the vendors, thereby crediting the..................

1.3 Planning and conduct of Audit Audit is conducted in accordance with the principles and practices enunciated in the auditing standards and performance audit guidelines promulgated by the C&AG. The audit process starts with the assessment of risk of the Ministry/Department. Based on this..................