karnataka municipal data society...-i i.tt 8. during the fy: 201.5-1.6 the tmc has paid service tax...

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-I i.tt 8. During the FY: 201.5-1.6 the TMC has paid Service Tax Arrears of Rs.22 ,77,923 / - on1.0/11./2015 & Interest on Service Tax Rs.16,66,406/-, Penalty on Service Tax Rs.22,77,923/- & Rs.4,08,200/- & Late Fees Rs.2,20,000/- This has affected on the financial results of TMC. These have been paid from General Fund & Water Supply Fund also. This leads to diversion of fund. The same should be immediately rectified 9. In the General Fund - A&OE Account maintained with State Bank of Mysore Account No. 64045396628 as per Bank Pass book Rs.20,2L5/ - & as per FBAS Rs.9,175/-. The Difference is Rs.11,040/- wrongly debited by TMC. To this extent the surplus has been shown less in General Fund a/ c.The same should be reversed immediately. 10. ACKNOWLEDGMENT: We thank the Chief Officer, Accounts Officer, Accounts & other staff members for having extended their co-operation during the course of our audit. FoTMUNDRARN&Co., hartered Accountants Date: 05-12-2016 Place: BAGALKOT A. yam N Mundra, Prop M.No: 7810, FRN:0113975

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Page 1: Karnataka Municipal Data Society...-I i.tt 8. During the FY: 201.5-1.6 the TMC has paid Service Tax Arrears of Rs.22 ,77,923 / -on1.0/11./2015 & Interest on Service Tax Rs.16,66,406/-,

-I

i.tt

8. During the FY: 201.5-1.6 the TMC has paid Service Tax Arrears of Rs.22 ,77,923 / -on1.0/11./2015 & Interest on Service Tax Rs.16,66,406/-, Penalty on ServiceTax Rs.22,77,923/- & Rs.4,08,200/- & Late Fees Rs.2,20,000/- This hasaffected on the financial results of TMC. These have been paid from GeneralFund & Water Supply Fund also. This leads to diversion of fund. The sameshould be immediately rectified

9. In the General Fund - A&OE Account maintained with State Bank of MysoreAccount No. 64045396628 as per Bank Pass book Rs.20,2L5/ - & as per FBASRs.9,175/-. The Difference is Rs.11,040/- wrongly debited by TMC. To thisextent the surplus has been shown less in General Fund a/ c.The same shouldbe reversed immediately.

10. ACKNOWLEDGMENT:We thank the Chief Officer, Accounts Officer, Accounts & other staffmembers for having extended their co-operation during the course of ouraudit.

FoTMUNDRARN&Co.,hartered Accountants

Date: 05-12-2016Place: BAGALKOT

A. yam N Mundra, PropM.No: 7810, FRN:0113975

Page 2: Karnataka Municipal Data Society...-I i.tt 8. During the FY: 201.5-1.6 the TMC has paid Service Tax Arrears of Rs.22 ,77,923 / -on1.0/11./2015 & Interest on Service Tax Rs.16,66,406/-,

MUNDRAR. N &CO.,Chartered Accountants

Date: 05-12'20]6'Place: BAGALKOT

ETcA. RADHESHYAM *' utiIBI*...o.

Annexure-4

CEBTIfICATE

To,The Commissioner and Director'pir..totate of Municipal Administration'

Bangalore

NAMEoFTHEULB:TALIKOTETOWNMUNICIPALCOUNCIL

I.We,MUNDRARN&Co,CharteredAccountants,haveexaminedthebooks of accounts of rAlikou TMC for the financial year 2015'16'

generated in eGF with the books of account for the same year prepared

by ULB uJ r rirra that both are in agreement subject to the discrepancies

mentioned in annexure to my audit report of even date

2.We,MUNDRARN&Co,CharteredAccountants,havealsoverifiedthefinancial statements of TALifO1'f TMC for the financial year 2015'\6'

generatedineGovfinancialapplicationwiththefinancialstatementspr"pur"JU' Uf,g and I find tha[ the statement of Receipts I Payments

u, grniilr;;"r:a;; i, it in asreemr!! ytth'the Receipt B Pavment

A/c in fo'* KME-74 p"lina il tt" TMc (Refet Point No7 of the

ensuing annexure fo, artoit i,ep#a from this, the statement of Income &

uxpenaiturueT.,cBalanceSheetareinagreementwiththelncome&Expenditure A/c ir, tor.r,-rtur-78 EE Balince sheet in form Y"i\tIF'77

respectivelypreparedbytheTMC,subjecttodiscrepanciesmentionedinannexure tl my audit report of even date'

For MUNDLfA f,.N.

lrtom No t 2178:; Ot 1t973

ffio'C-5,SectorNo.35,Navanagar,BAGALKoT.587103Ph. 08354-235611 C"tt t gA+eZSttSt email' carnmundra@rediffmail'com

Page 3: Karnataka Municipal Data Society...-I i.tt 8. During the FY: 201.5-1.6 the TMC has paid Service Tax Arrears of Rs.22 ,77,923 / -on1.0/11./2015 & Interest on Service Tax Rs.16,66,406/-,

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