Report No. - 3 of 2002 for the period ended March 2001 Transaction Audit Observations

PREFACE PDF (5KB)
OVERVIEW PDF (50.1KB)
Cash loss on account of failure to execute an order PDF (0KB)
Extra expenditure on procurement of chemical PDF (0KB)
Infructuous expenditure on the purchase of heat exchanger PDF (0KB)
Undue financial benefit to a private firm PDF (0KB)
Undue favour to general sales agent PDF (0KB)
Avoidable payment of interest PDF (0KB)
Imprudent capital expenditure on upgradation of an airport PDF (0KB)
Non-deduction of tax at source on canteen subsidy PDF (0KB)
Overpayment due to incorrect revision of allowances PDF (0KB)
Avoidable loss due to delay in procurement of equipment PDF (0KB)
Non-realisation of dues due to breach of agreement PDF (0KB)
Excess consumption of material PDF (0KB)
Loss due to inundation of quarry PDF (0KB)
Avoidable expenditure PDF (0KB)
Avoidable expenditure on agency commission PDF (0KB)
Infructuous expenditure of Rs. 93.40 lakh PDF (0KB)
Avoidable loss of Rs. 105.50 crore PDF (0KB)
Payment of inadmissible claims PDF (0KB)
Loss of total investment in a joint venture PDF (0KB)
Loss due to delay in the sale of special import licences PDF (0KB)
Loss due to undue favour to private parties PDF (0KB)
Loss due to subletting of premises at the lower rates PDF (0KB)
Loss due to improper procedures PDF (0KB)
Irregular expenditure on foreign tours PDF (0KB)
Loss due to procurement of tea for export PDF (0KB)
Undue benefit to a private company PDF (0KB)
Loss in financing import of an unproven product PDF (0KB)
Avoidable loss in transactions with an associate PDF (0KB)
Delay in issue of bi-monthly telephone bills PDF (0KB)
Unauthorised procurement of equipment/stores PDF (0KB)
Continuance of telephone facilities despite non-payment of dues PDF (0KB)
Failure to demand and collect rent of Rs.1.71 crore PDF (0KB)
Loss of potential revenue due to non-commissioning of project PDF (0KB)
Loss of potential revenue due to system and route failure PDF (0KB)
Failure to realise Rs. 81.31 lakh due to non-receipt of advice notes PDF (0KB)
Idling of high density polyethylene pipes PDF (0KB)
Non-recovery of licence fee for interconnectivity of network PDF (0KB)
Loss due to withdrawal of claim and blocking of funds PDF (0KB)
Blocking up of funds PDF (0KB)
Unfruitful investment on acquisition of flats for use as staff quarters PDF (0KB)
Infructuous expenditure on lease rent PDF (0KB)
Loss of revenue due to fraudulent use of telephone PDF (0KB)
Loss due to delay in disconnection of Data Circuits PDF (0KB)
Loss of revenue due to belated raising of bills on subscribers PDF (0KB)
Avoidable payment of interest PDF (0KB)
Non-deduction of income tax at source on allowances paid to employees PDF (0KB)
Irregular award of handling and transportation contract PDF (0KB)
Incorrect interpretation of Tariff PDF (0KB)
Avoidable expenditure due to lack of control PDF (0KB)
Incorrect fixation of incidental charges PDF (0KB)
Purchase of paddy with high moisture content PDF (0KB)
Avoidable expenditure due to unnecessary operations PDF (0KB)
Delay in re-writing of loan PDF (0KB)
Blocking up of funds and consequential loss of interest PDF (0KB)
Avoidable expenditure due to non availment of interest free advance PDF (0KB)
Injudicious import of components PDF (0KB)
Loss due to failure to foreclose agreement PDF (0KB)
Avoidable payment of energy charges PDF (0KB)
Undue financial benefit to employees PDF (0KB)
Irregular expenditure on foreign travel PDF (0KB)
Avoidable loss in production of MDN-50 grade steel PDF (0KB)
Injudicious take-over of a sick sugar factory PDF (0KB)
Irregular expenditure on foreign travel PDF (0KB)
Avoidable loss of Rs. 1.34 crore PDF (0KB)
Avoidable loss PDF (0KB)
Avoidable payment of Rs. 79 lakh PDF (0KB)
Loss due to short charging of premium PDF (0KB)
Loss on account of excess indemnification PDF (0KB)
Loss on construction of excess dwelling units PDF (0KB)
Loss due to non recovery of Inter Corporate Deposits PDF (0KB)
Non-recovery of loan and interest PDF (0KB)
Loss of investment on an unviable project PDF (0KB)
Loss due to design deficiency in supply of coal handling plants PDF (0KB)
Blocking of funds with consequential loss of interest PDF (0KB)
Blocking of funds and consequential loss of interest PDF (0KB)
Imprudent investment in non-performing assets PDF (0KB)
Irregular payment of excise duty PDF (0KB)
Blocking of funds PDF (0KB)
Non recovery of Rs. 5.03 crore in television marketing PDF (0KB)
Non-recovery of dues PDF (0KB)
Infructuous expenditure PDF (0KB)
Loss due to delay in surrender of land PDF (0KB)
Extra expenditure on procurement of dispensing pumps PDF (0KB)
Loss due to furfural contamination in Naphtha PDF (0KB)
Unwarranted construction of ATF storage tanks at Vijayawada PDF (0KB)
Idle investment in extended lube oil pipeline PDF (0KB)
Avoidable payment of freight PDF (0KB)
Infructuous expenditure PDF (0KB)
Unproductive investment PDF (0KB)
Loss due to non recovery of dues PDF (0KB)
Avoidable payment of excise duty PDF (0KB)
Infructuous expenditure on burners PDF (0KB)
Wasteful expenditure due to lack of planning PDF (0KB)
Extra expenditure due to delay in finalisation of tenders PDF (0KB)
Loss due to delay in import of explosives PDF (0KB)
Loss of generation of power PDF (0KB)
Irregular expenditure of Rs. 95.02 lakh on foreign travel PDF (0KB)
Loss due to irregular sanction of financial assistance PDF (0KB)
Abnormal delay in utilisation of loan funds PDF (0KB)
Irregular payment of travelling allowance and transportation charges PDF (0KB)
Unproductive capital investment PDF (0KB)
Avoidable loss due to replacement of refractories PDF (0KB)
Loss due to negligence PDF (0KB)
Irregularities in reimbursement of expenditure on foreign tours PDF (0KB)
Injudicious procurement of Sublance systems PDF (0KB)
Avoidable loss in liquidation of foreign deferred credit PDF (0KB)
Injudicious sale of quantity based advance licences PDF (0KB)
Loss due to imprudent financial practices PDF (0KB)
Undue favour to a private contractor PDF (0KB)
Unfruitful investment on installation of boiler PDF (0KB)
Infructuous expenditure on installation of Rotary Kiln PDF (0KB)
Unfruitful expenditure on unviable Hot Dip Galvanising Line Project PDF (0KB)
Excess payment of research and development cess PDF (0KB)
Loss of revenue due to non-charging of firm price PDF (0KB)
Infructuous expenditure on procurement of slag pot transporters PDF (0KB)
Loss on the purchase of rolls PDF (0KB)
Non-recovery of interest from private customer PDF (0KB)
Infructuous expenditure on Waste Heat Boiler PDF (0KB)
Non-realisation of sale dues PDF (0KB)
Avoidable payment of stockyard rent PDF (0KB)
Non-recovery of value of shortage of materials from consignment agent PDF (0KB)
Loss due to non-realisation of sales dues PDF (0KB)
Loss in sub-letting of godown PDF (0KB)
Infructuous expenditure on conversion of a vessel PDF (0KB)
Irregular payment to employees PDF (0KB)
Faulty tendering leading to loss in the execution of a project PDF (0KB)
APPENDIX PDF (27.23KB)
Glossary PDF (31.48KB)