The Comptroller and Auditor General of India report for 2010-11 on direct taxes, tabled in Parliament on Friday, revealed that 958 lakh (95.8 million) PANs were issued up to March 2010 but IT returns filed in the last fiscal were only 340.9 lakh (34.09 million).
The examination was scheduled to start at 1400 IST at 50 centres all over the country.
In their review plea, they alleged that the judgment "relied upon patently incorrect claims made by the government in an unsigned note given in a sealed cover" to the apex court.
The move is significant as it would extend the power of CAG -- set up to audit central and state government departments as well as PSUs -- to private sector companies.
'We don't know how and why this happened as the route interlock signal works fine millions of times every day across India.'
Report says ineligible farmers given benefits.
The Supreme Court had cancelled 204 such allotments.
The Comptroller and Auditor General, which had at the end of its first sitting with RIL in January suspended the audit of spending on the flagging KG-D6 block following differences with RIL over scope and extent of the scrutiny, is likely to resume it next two weeks.
Former CAG official R P Singh, who has created a storm with his statements on the 2G spectrum allocation audit, on Saturday claimed that his superiors gave him "written order" following which he signed on the final report giving a presumptive loss figure of Rs 1.76 lakh crore.
Disagreements over scope of audit cropped up on the very first day the Comptroller and Auditor General of India began to the second round of audit of spendings on eastern offshore KG-D6 fields with RIL alleging that the auditor was not confirming if the accounts scrutiny would be as per the provisions enshrined in the Production Sharing Contact.
Reliance Industries on Saturday said it had never contested the government's right to get the company's spending on KG-D6 gas fields audited by the Comptroller and Auditor General but hoped it will not be subjected to a performance audit."RIL has at no time contested the government's right to conduct an audit by any agency, including the CAG, as provided in Section 1.9 of the Accounting Procedure of the PSC," the company said in a statement on Saturday evening.
The fall in the ratio of customs and excise duty collection to GDP has resulted in an overall decline of tax-GDP ratio from an average of 9.32 per cent during the 8th Plan
Congress leader Sanjay Nirupam on Monday slapped a legal notice on ex-Comptroller Auditor General Vinod Rai accusing him of defamation and threatened to launch criminal proceedings if he did not apologise for remarks that the MP had asked the former chief auditor to drop Manmohan Singh's name from 2G report.
"How many more lies will be peddled to sustain a sinking dynast? India, certainly deserves better," Jaitley said.
Congress leader Digvijaya Singh on Tuesday claimed a senior railway official had flagged a fault in the signal interlocking system in February and warned of the train accident risk but the problem was not rectified which led to the Balasore train crash.
In a presentation to investors in Mumbai last week, Aramane Giridhar, Joint Secretary (Exploration) gave detailed reasons for pendency of decisions in the Ministry of Petroleum and Natural Gas where officials approved of decisions but refused to issue formal orders, resulting in delays in production of oil and gas.
Former CAG lead auditor R P Singh, who had questioned the loss figure of Rs 1.76 lakh crore in 2G spectrum allocation, on Tuesday came under fire in the JPC with opposition members contesting his claim.
Vinod Rai, the Comptroller and Auditor General of India till May and probably the most talked-about government official in the last few years, participated in a Live Chat with readers of Rediff.com on Friday.
The Supreme Court on Thursday agreed to hear a PIL challenging appointment of Shashi Kant Sharma as the Comptroller and Auditor General of India.
From the voter-level, traditionally anti-BJP, anti-Hindutva minorities and other secular voters would have an option, especially in the face of the mounting anti-incumbency against the ruling party -- as it happened in the 2001 assembly polls, points out N Sathiya Moorthy.
The Planning Commission has decided that approvals for all social sector projects undertaken by various non-government organisations, normally outside the purview of CAG, will come with the rider that they will be subject to audit, if required.
Pulling up Hindustan Aeronautics Limited for an inordinate delay of 14 years in the development and supply of a trainer aircraft, the CAG has observed that the time overrun has affected the Stage-II training of IAF pilots.
Tendulkar was slated to initiate a short duration discussion on the right to play and the future of sports in India, which was disrupted by the protests that led Chairman M Venkaiah Naidu to adjourn the House for the day.
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FIRs have been registered against top officials of the aviation ministry, GVK Ltd and police department on a complaint that Mumbai International Airport Ltd (MIAL) received undue benefit to the tune of hundreds of crores of rupees from the government.
Out of 122 Unified Access Service licences awarded in 2008, as many as 85 licences were given to the six new entrants to the telecom sector.
Reacting to the hike in power rates, Delhi Chief Minister Arvind Kejriwal on Saturday said that the Comptroller and Auditor General's report on discoms would ascertain the lack of funds as stated by power distribution companies.
The first batch of four Rafale aircraft will arrive in India by May 2020.
Facing accusations of policy paralysis, Prime Minister Manmohan Singh on Friday admitted that growth rate had slowed down because clearances were not granted to infrastructure projects for the fear of Comptroller and Auditor General and Central Vigilance Commission.
Reliance Industries has written to the government that it has no objection to the Comptroller and Auditor General of India auditing its gas field costs and said it is operating the field in compliance with rules.
Past experience shows loan waivers benefited only 30% of India's farmers; here again, the richer cultivator skimmed the cream, leaving very little for his poorer brethren.
Less than nine per cent of Chhattisgarh households got jobs for 100 days under Mahatma Gandhi National Rural Employment Guarantee Act during 2007-08 to 2011-12, a Comptroller and Auditor General report tabled in the assembly on Wednesday said.
The Comptroller and Auditor General said on Thursday that inventory assets of public sector undertakings had become a "vulnerable" area for divestment as these were not complete and not verified systematically.\n\n\n\n
It involved collection and maintenance of data in respect of the participants such as demographic details, biometric impressions and digital photographs. Sebi awarded the work of MAPIN to the National Securities Depository Ltd in May 2003 through a memorandum of understanding without competitive bidding.
'No sovereign guarantee, no bank guarantee, no escrow account, yet a huge amount was paid as advance'
No more than 62% of farmland acquired for Special Economic Zones has been used for its intended purpose of boosting manufacturing, exports and jobs
"Undue favours" to builders, including Robert Vadra's Skylight Hospitality, by the Haryana government during the Congress regime has come under attack from the Comptroller and Auditor General.
The comptroller and auditor general has unearthed a Rs 450-crore scam involving the purchase of Israeli unmanned aerial vehicles by the Hyderabad-based National Technical Research Organisation, a technical arm of the external intelligence agency Research and Analysis Wing. In the first ever audit of any intelligence agency in India, it was found that these UAVs were lying as junk.
With the figure of Rs 1.76 lakh crore loss in 2G spectrum allocation being disputed, Comptroller and Auditor General Vinod Rai and other officials of the government auditor will be asked to appear before the Joint Parliamentary Committee looking into the issue.
When asked about Ajit Pawar being upset, Sule said, "This is all gossip. Dada (Ajit Pawar) is Leader of Opposition in the state (Assembly). His position is equivalent to that of the chief minister. BJP is trying to target Ajit Pawar...sometimes they target me."
