Regularity Audit, Direct Taxes

   
 

DRAFT PARAGRAPHS PRINTED IN THE C & AG’s AUDIT REPORT ON DIRECT TAXES REVENUE AUDIT

C&AG’s Audit Report-. 8 of 2006 (Direct Taxes)

Sl.No.

Item No.

Names of assessees

Para No.

1

3

M/s.Aluminium Ltd.

3.6.

2

6

M/s. Burns Philips India Ltd.

3.6.

3

13

M/s. I.T.C. Ltd.

3.9.

4

2

M/s. Timken India Ltd.

3.12.

5

5

M/s. Shaw Wallace Distillieries Ltd.

3.14.

6

1

M/s. Indian Aluminium Ltd.

3.15.

7

2

M/s. Duncan Industries Ltd.

3.20.

8

11

M/s. Balmer Lawrie & Co. Ltd.

3.20.

9

2

M/s. I.T.C. Ltd.

3.22.

10

9

M/s. Modern Malleable Ltd.

3.24.

11

3

M/s.National Insurance Co. Ltd.

3.26.

12

13

Radhey Shyam Tulsian

4.18.

13

2

Vijoy Kumar Saraf

4.23.

14

2

M/s. Nucent Finance Ltd.

5.6.

15

1

M/s.Apeejay Finance Group Ltd.

5.17.

16

2

M/s.Pilani Investment Ltd.

5.17.

17

9

M.K.Saha Export Ltd.

5.19.

18

 

M/s. U.C.O. Bank

3.26.1

Apart from the above, 45 draft paras were also featured in the report as combined draft paras.

C&AG’s Audit Report-. 12 of 2005 (Direct Taxes)

1

2 of 9

M/s.Financial Services(CEAT)

3.9

2

1 of 11

M/s.Damodar Valley Corpn.

3.12

3

10 of 15

M/s. J.C. T. Ltd.

3.23&3.24

4

28 of 16

M/s. L.C.C.Infotech Ltd.

3.27

5

1 of 17

M/s.Prudential Capital Market Ltd.

3.28

6

5 of 19

Sri Laxmi Narayan Shah

4.8

7

5 of 20

M/s.Dayal Jewellery Museum(Firm)

4.12

8

2 of 22

M/s.Birla Tyres(AOP)

4.21

9

2 of 26

M/s.Sree Kamal Harricane (P) Ltd.(Company)

5.8

10

3 of 26

M/s.East India Rubber Works (P) Ltd.

5.8

11

5 of 26

M/s.G.K.Udyog(P) Ltd.(Comp.)

5.8

12

8 of 26

M/s.Ganesh Narayan Brijal Ltd.(Company)

5.8

13

9 of 28

M/s.Bengal Steel Industries Ltd.(Finance Ltd.)

5.20

14

 

 

 

15

10 of 28

M/s.Mohan Implex Ltd.(Finance Company)

5.20

16

11 of 28

M/s.Lodha Capital Markets Ltd.(Company)

5.20

17

14 of 28

M/s.Esjay Commerce Ltd.(Finance Company)

5.20.

18

2 of 29

M/s.Prudential Capital Market Ltd.(Finance Company)

------

Out of 95 audit observations, including 15 wealth tax cases, included in Audit Report for the year 03-04 (Report No.12 of 2005), 18 audit observations have been tabulated above and the remaining 77 audit observations are indicated in different paragraphs of the report showing combined/consolidated tax effect of all observations of similar nature.

C&AG’s Audit Report-. 12 of 2004 (Direct Taxes)

Sl.No.

Sl. No. & App.No.

Name of assessee

Para No.

1

2 of 7

M/s.Abdos Trading Co.(Pvt.)Ltd.

3.6

2

4of 7

M/s.A.B.N.AmroBank

3.7

3

3of 8

M/s.I.B.P.Co.Ltd.

3.9

4

9of 8

M/s.I.F.B.Industries Ltd.

3.11

5

29 of 7

M/s.Royal Indian Mfg.(P) Ltd.

3.24

6

1 of 13

M/s.UCO Bank

3.28

7

34 of 7

M/s.Brent Wood Investment Ltd.

3.30

8

19 of 15

Arambagh Hatcheries Ltd.

3.33

9

3 of 15

M/s.D.S.Q.Industries Ltd.

3.33

10

23 of 15

M/s.Tinken India Ltd.

3.33

11

16 of 15

M/s.Arambagh Hatcheries Ltd.

3.33

12

8 of 15

M/s.National Insurance Co.Ltd.

3.33

13

11 of 15

M/s.All Bank Finance Ltd.

3.33

14

25 of 15

M/s.National Insurance Co.Ltd.

3.33

15

18 of 15

M/s.Eveready Industries Ltd.

3.33

16

2 of 16

M/s.Xylon Loquitor Distiller Ventures Ltd

3.34

17

1 of 17

Sh. Sumermall Kalyani

4.60

18

1 of 19

S.E.Rly.Employees’Co-op.Societies

4.10

19

16 of 19

M/s.Hi-breed International Sales & Services

4.20

20

1 of 22

M/s.Birla Tyres

4.25

21

2 of 22

M/s.Kopila Engineering Co.

4.25

22

4 of 22

M/s.Maity & Co.

4.25

23

1 of 24

M/s.A.B.P.Ltd.

5.60

24

14 of 24

M/s.M.B.Commercial Co.Ltd.

5.80

25

15 of 24

M/s.Sunder Enterprises (P) Ltd.

5.8

26

1 of 25

M/s.Ispat Finance Ltd.

5.16

27

2 of 25

M/s.A.B.N.Amro Bank M.V.

5.16

28

7 of 25

M/s.Sanchayani Savings & Investment (P) Ltd.Company

5.18

Out of 141 audit objections including 18 wealth tax cases, included in the audit report 02-03(report No.12 of 2004, 28 audit objections have been tabulated above and the remaining 113 audit observations are indicated in different paragraphs of the report showing combined /consolidated tax effect of all observations of similar nature.

Statement of Draft Paragraph included in the

Audit Report for 2005-2006 (CAG’s Audit Report No. 8 of 2007)

 Corporation Tax

 

Sl. No

Name of the assessee

P.A. No

Asstt. Year

PDA(C)’sDP No

CAG’s DP No.

SF No.& Year

CIT

Para No.

LAR No. & Date


 
  1.  

Taxprint Overseas Ltd

AABCT 1982 E

2002-2003

1

35

139 of 03-04

III

3.32.2

118 dtd. 301.04

  1.  

A.B.P. Pvt Ltd

AACCA 4609 E

2002-2003

2

36

145 of 03-04

III

3.32.2

118 dtd.30.1.04

  1.  

Krypton Industries Ltd

AABCK 0868 N

2003-2004

3

37

34 of 04-05

I

3.32.2

42 dtd.14.10.04

  1.  

Arbind International Ltd

AACCA 3899 E

2000-2001

4

81

20 of 04-05

I

3.32.2

7 dtd.12.8.04

  1.  

M.M. India Pvt Ltd

AACM 2818 M

2001-2002

5

42

7 of 04-05

III

3.32.2

26 dtd.25.8.04

  1.  

Unique Aqua Farms Ltd

U-50

2001-2002

6

43

85 of 03-04

I

3.32.2

52 dtd.23.10.03

  1.  

Nagreeka Foils Ltd

AAACN-8548 H

2001-2002

7

38

106 of 03-04

I

3.32.2

104 dtd.7.1.04

  1.  

Som Dutta Builder Ltd

AAECS 6429 C

2000-2001

9

40

156 of 03-04

IV

3.22.3

113 dtd.12.1.04

  1.  

Aditya Health Research Foundation Private Ltd

AADCA 7606 G

2002-2003

10

46

209 of 03-04

IV

3.32.2

191 dtd.16.4.04

  1.  

Coventry Spring & Engineering Co Ltd

AABCC 2310 D

2002-2003

12

45

32 of 04-05

I

3.32.2

42 dtd.14.10.04

  1.  

Mohan Jute Mills Ltd

AACCM 4482 B

2002-2003

&

2003-2004

13

65

78 of 04-05

I

3.32.2

126 dtd. 13.1.05

  1.  

C.F.L. Capital Financial Services Ltd

AABCC 0704

2002-2003

14

47

6 of 04-05

II

3.32.2

29 dtd. 27.8.04

  1.  

ADA Software Services (P) Ltd

AADCA 7396 R

2003-2004

15

41

121 of 04-05

I

3.32.2

237 dtd. 5.7.05

  1.  

Jenson and Nichloson (India) Ltd

AAACJ 7231 P

2002-2003

16

109

103 of 04-05

IV

Appx – 15

S-7

208 dtd. 12.4.05

  1.  

Jenson and Nicholson (India) Ltd

AAACJ 7231 P

2002-2003

18

110

153 of 03-04

IV

Appx – 15

S-10

113 dtd. 13.1.04

  1.  

RNT Plantation Ltd

AABCR 1876 K

2002-2003

19

48

5 of 05-06

Central - I

3.14.8

16 dtd20.9.05

  1.  

Green Ply Industries Ltd

AAACG 7284 R

2002-2003

20

66

6 of 05-06

Central - III

3.9.1

27 dtd. .26.10.05

  1.  

Shaw Wallace Distilleries Ltd

AABCC 2408 C

2002-2003

21

67

12 of 05-06

Central - I

3.9.1

33 dtd.28.10.05

  1.  

Oberoi Hotel Pvt Ltd

AAACO 3408 K

2000-2001

22

68

48 of 04-05

III

3.32.2

41 dtd.4.10.04

  1.  

Tongani Tea Company

CQ-5817

2000-2001

23

111

60 of 04-05

II

3.32.2

60 dtd.22.11.04

  1.  

Tongani Tea Company

CQ-5817

2000-2001

24

69

60 of 04-05

II

3.32.2

60 dtd.22.11.04

  1.  

B.E. Pumps Pvt Ltd

AABCB 0182 G

2003-2004

25

70

33 of 04-05

I

3.32.2

42 dtd.14.10.04

  1.  

The Peerless General Finance & Investment Company Ltd

AABCT 3040 L

2001-2002

26

71

18 of 05-06

I

3.27.1

53 dtd.11.11.05

  1.  

L C C Infotech Ltd

AACCA 2580 J

2004-2005

27

72

27 of 05-06

I

3.32.2

59 dtd.21.11.05

  1.  

ADA Software Services (P) Ltd

AADCA 7396 R

1997-1998

28

73

120 of 04-05

I

3.32.2

237 dtd.5.7.05

  1.  

Aekta Ltd

AACCA 2034 K

2002-2003

29

74

2 of 05-06

Central - I

 

12 dtd.12.9.05

  1.  

Aekta Ltd

AACCA 2034 K

1998-1999

30

515

1 of 05-06

Central - I

3.32.2

12 dtd.12.9.05

  1.  

Eastern Spinning Mills and Industries Ltd

 

AAACE 6392 G

2004-2005

31

 

75

50 of 05-06

IV

3.32.2

91 dtd. 15.12.05

  1.  

M.L. Dalmiya & Co Ltd

AABCM 7841 F

1997-1998

32

76

117 of 04-05

II

3.29.2

250 dtd. 24.6.05

  1.  

Usha Martin Venture Ltd

AAACU 3843 J

2000-2001

33

119

200 of 03-04

II

3.12.4

172 dtd2.4.04

  1.  

Chatterjee Petrochem (India) Pvt Ltd

AABCC 0906 B

2004-2005

34

253

4 of 05-06

IV

3.32.2

15 dtd. .12.9.05

  1.  

Regent Estate Ltd

AABCR 8073 Q

2000-2001

37

112

219 of 03-04

II

Appx-8, S-5

210 dtd1.7.04

  1.  

Jubilee Investment and Industries Ltd

AAACJ 8028 L

1999-2000 &

 2000-2001

38

77

68 of 05-06

II

3.32.2

19 dtd. .10.7.03

  1.  

Oberoi Hotels (P) Ltd

AAACO 3408 K

2000-2001

39

78

71 of 03-04

III

3.32.2

41 dtd. 22.10.03

  1.  

Vesuvius India Ltd

AAACV 8995 Q

2000-2001

40

79

161 of 03-04

IV

3.11.4

113 dtd13.1.04

  1.  

Adams Elevators Company (P) Ltd

AACCA 1703 E

2001-2002 &

2002-2003

41

80

203 of 03-04

II

 

172 dtd. .2.4.04

  1.  

Merino Panel Products Ltd

AABCM 5672 Q

2002-2003

44

473

46 of 05-06

Central - I

3.32.2

88 dtd8.12.05

  1.  

Landis & Gyr. Ltd

AAACV 9922 B

2002-2003

45

113

38 of 05-06

I

3.11.4

79 dtd. .9.12.05

  1.  

Andrew Yule & Co Ltd

AACCA 4245 Q

2001-2002

47

114

126 of 03-04

II

3.32.2

114 dtd. .16.1.04

  1.  

Nellimarla Jute Mills Co Ltd

AABCN 5591 M

2002-2003

49

115

88 of 05-06

Central - I

3.14.8

137 dtd. .20.1.06

  1.  

Web Development Company Ltd

AAACW 2286 K

2001-2002

50

116

28 of 04-05

Central - II

3.14.8

43 dtd. .13.10.04

  1.  

Eureka Forbes Ltd

AAACE 5767

2000-2001

51

117

98 of 05-06

IV

3.12.4

37 dtd. .24.9.03

  1.  

Philips India Ltd

AABCP 7706 L

2000-2001

52

118

152 of 03-04

IV

3.12.4

113 dtd. .13.1.04

  1.  

The Hooghly Mills Co Ltd

AAACT 9780 F

2000-2001

53

120

30 of 05-06

II

3.9.1

54 dtd. .14.11.05

  1.  

Sayedabad Tea Co Ltd & The Bisra Stone Lime Co Ltd

AAFCS 6746 P &

AABCT 2118 C

2003-2004 &

 2002-2003

54

121

73 of 05-06

II

3.32.2

252 dtd. .5.7.05

  1.  

Mariegold Industries (P) Ltd

CX-7466

1997-98 1999-2000 &

2000-2001

55

122

33 of 05-06

CIT, Siliguri

3.29.2

64 dtd. .18.11.05

  1.  

Bright Advertising Pvt Ltd

AABCB 6730 C

2001-2002

56

123

64 of 05-06

I

3.32.2

132 dtd. .17.1.06

  1.  

Hanuman Tea Co Ltd

CZ-4678

1998-1999

57

319

17 of 05-06

III

3.29.1

49 dtd. .28.10.05

  1.  

The Durgapur Projects Ltd

AABCT 0595 M

2002-2003

58

254

146 of 05-06

III

3.14.8

74 dtd. .8.12.05

  1.  

Eldyne Elecro Systems Pvt Ltd

AAACE 7357 H

2003-2004

59

415

102 of 05-06

I

3.32.2

42 dtd. .14.10.04

  1.  

Britania Industries Ltd

AABCB 2066 P

2002-2003

60

320

93 of 05-06

III

Appx-7, S-2

75 dtd. .6.12.05

  1.  

West Bengal Mineral Development & Trading Corporation Ltd

AAACW 4815C

2002-2003

61

221

112 of 05-06

II

3.11.4

158 dtd. .10.3.06

  1.  

Binani Industries Ltd

AABCB 0979 M

2002-2003

62

342

8 of 05-06

Central - I

Appx-7, S-21

33 dtd. .28.10.05

  1.  

Indian Aluminium Co Ltd

AAACI 5375 F

2002-2003

63

344

151 of 05-06

III

3.25.2

74 dtd. .8.12.05

  1.  

Umil Share & Stock Broking Services Limited

 

AAACU 3331 K

2002-2003

65

222

199 of 03-04

Central - II

3.22.2

172 dtd. .2.4.04

  1.  

R.K.B.K. Fiscal Services (P) Ltd

AABCR 5623 E

2002-2003

69

223

159 of 05-06

III

3.12.4

75 dtd.6.12.05

  1.  

West Bengal Agro Industries Corporation Ltd

AAACW 3323 M

2002-2003

70

463

190 of 05-06

II

Appx-10, S-1

96 dtd.15.12.05

  1.  

Birla Corporation Ltd

AABCB 2075 J

2000-2001

71

255

103 of 05-06

I

3.11.4

34 dtd.25.9.03

  1.  

R.S. Software (I) Ltd

AABCR 7813 G

2002-2003

73

321

177 of 05-06

I

Appx-8, S-14

59 dtd.21.11.05

  1.  

Yachio Engineering Co Ltd

AAACY 1298 D

1999-2000

74

256

137 of 05-06

DIT(IT)

3.29.2

171 dtd.10.3.06

  1.  

Hindusthan Sanitaryware & Industries Ltd

AAACH 7564 H

1998-1999

75

474

130 of 05-06

Central - I

 

164 dtd.2.3.06

  1.  

R.S. Software (I) Ltd

AABCR 7813 G

2002-2003

76

257

172 of 05-06

I

3.11.4

59 dtd.21.11.03

  1.  

M.M.T. (India) Pvt Ltd

AACCM 2818 H

2001-2002

77

299

11 of 04-05

III

3.32.2

26 dtd.25.8.04

  1.  

I.C.I. India Ltd

AAACI 6297 A

2002-2003

78

650

195 of 05-65

IV

Appx-12, S-3

55 dtd.11.11.05

  1.  

UCO Bank

AAACU 3561 B

2002-2003

79

390

185 of 05-06

II

Appx-12, S-7

96 dtd.15.12.05

  1.  

A.F.T. Industries Ltd

AACCA 1955 F

1999-2000

80

258

31 of 05-06

Central - I

3.21.3

61 dtd.14.11.05

  1.  

The Dibrugarh Co Ltd

&

Toorsa Tea Co Ltd

AAACT 9496 Q

AAACT 9215 D

2003-2004

&

2003-2004

81

416

72 of 05-06

II

3.32.2

252 dtd.5.7.05

  1.  

SKG Consolidated Ltd

AAECS 3851 Q

2002-2003

82

322

160 of 05-06

IV

3.14.12

91 dtd.15.12.05

  1.  

ABN AMRO Bank

AACCA 6818 K

1996-97

 &

 1999-2000

83

421

109 of 05-06

Central - I

3.27.1

155 dtd.3.3.06

  1.  

A.M.I. Computers (India) Ltd

AACCA 4996 D

2001-2002

84

259

114 of 03-04

I

3.32.2

109 dtd.8.1.04

  1.  

I.C.I. India Ltd

AAACI 6297 A

2000-2001

85

645

151 of 03-04

IV

3.16.3

113 dtd.13.1.04

  1.  

Subhas Projects and Marketing Ltd

AADCS 2469 K

1999-2000

87

417

10 of 05-06

DIT (IT)

3.26.1

33 dtd.28.10.05

  1.  

Vesuvius India Ltd

AAACV 8995 Q

2002-2003

88

343

107 of 04-05

IV

3.32.2

208 dtd.12.04.05

  1.  

I.C.I. India Ltd

AAACI 6297 A

2000-2001

89

323

155 of 03-04

IV

3.16.3

113 dtd.13.1.04

  1.  

Duroplas (India) Pvt Ltd

AAACD 9298 A

2002-2003

90

337

54 of 05-06

I

3.11.4

97 dtd.15.12.05

  1.  

Smitabh Intercom Ltd

AADCS 6543 C

2002-2003

91

448

122 of 05-06

III

3.22.3

196 dtd.24.3.06

  1.  

United Bank of India

AAACU 5624 P

2002-2003

92

338

184 of 05-06

II

3.28.1

96 dated 15.12.05

  1.  

United Bank of India

AAACU 5624 P

2002-2003

93

339

183 of  05-06

II

3.24.3

96 dated 15.12.05

  1.  

Silicon Valley Infotech Ltd

AABCP 8702 G

2002-2003

95

340

166 of 05-06

I

3.11.4

79 dated 9.12.05

  1.  

Eveready Industries (India) Ltd

AAACE 5778 N

2002-2003

96

566

194 of 05-06

IV

3.9.1

55 dated 11.11.05

  1.  

VAI India Private Ltd

AAAV 1014 E

2002-2003

98

391

152 of 05-06

I

3.13.3

10 dated 12.9.05

  1.  

Nicco UCo Alliance Credit Ltd

AABCN 5012 N

2002-2003

99

341

186 of 05-06

II

3.24.3

96 dated 15.12.05

  1.  

B.H.P.(P) Ltd

AABCB 3785 B

2003-2004

102

392

218 of  05-06

II

3.32.2

213 dated 11.5.06

 

 

 

 

 

 

 

 

 

 

                     

 


Statement of Draft Paragraph included in the

Audit Report for 2005-2006

Income Tax

 

Sl. No

Name of the assessee

P.A. No

Asstt. Year

PDA(C)’s DP No

CAG’s DP No.

SF No.& Year

CIT

Para No.

LAR No. & Date

1.

Vinod Kumar Khetawat

AABHV 82005 J

2002-2003

35

8

43 of 05-06

XV

4.13.5

85 dated 6.12.05

2.

P.L. Narashimhan

N-97

1986-87 to 27-08-1996

36

7

11 of 05-06

Central – I

4.20.1

33 dated
28-10-05

3.

D2 International

AADFD 3660 Q

2001-2002

42

15

169 of 03-04

XVII

4.23.1

131 dated 5.2.04

4.

Vira Associates

AADFV 2367 E

2003-2004

48

42

32 of 05-06

XI

4.13.5

62 dated
18-1-05

5.

S.R. Batliboi & Co

AALFS 0506 L

1998-1999

66

23

140 of 05-06

XIV

4.19.1

170 dated
 6-4-06

6.

Price Water House

AAEFP 3641 G

2001-2001

67

24

139 of 05-06

XIV

4.20.1

170 dated
6-4-06

7

Kauser Begum

AGEPB 6775 B

2003-2004

72

29

132 of 05-06

XIII

4.23.1

171 dated
10-3-06

8

Sushil Kumar Kayan

PT-3956

1986-87

94

39

15 of 05-06

XI

4.20.1

165 dated
3-3-06

9.

Inspiration Clothes & U

AAAFI 1869 B

2002-2003

97

30

227 of 05-06

Central –II

4.12.1

39 dated
28-10-05

10.

Inspiration Cloths & U

AAAF 11869 B

2002-2003

100

65

228 of 05-06

Central –II

4.21

220 dated
31-5-06

 

 

 

 

 

 

 

 

 

 

                   

 

Statement of Draft Paragraph included in the

Audit Report for 2005-2006

Overcharge

 

Sl. No

Name of the assessee

P.A. No

Asstt. Year

PDA(C)’s DP No

CAG’s DP No.

SF No.& Year

CIT

Para No.

LAR No. & Date

1.

Shree Shyam Rerolling Mills Pvt Ltd

S-821

1991-1992 &

2001-2002

8

39

216 of 03-04

Central-III

3.32.2

128 dtd 5.2.04

2.

Gujral Restaurant & Hotels Ltd

G-17

1997-1998 and

1998-1999

11

44

114 of 04-05

Central -II

3.32.2

239 dtd 16.6.05

3.

Coal India Ltd

AABCT 1123 D

2002-2003

86

17

119 of 05-06

II

 

158 dtd 10.3.06

 

 

 

 

 

 

 

 

 

 

                   

 

Statement of Draft Paragraph including in the

Audit Report for 2005-2006

Wealth  Tax

 

Sl. No

Name of the assessee

P.A. No

Asstt. Year

PDA(C)’s DP No

CAG’s DP No.

SF No.& Year

CIT

Para No.

LAR No. & Date

1.

M/s A. Tosh & Sons (India) Ltd

AACCA 4863 A

2000-2001

3

7

3 of 03-04

II

5.7.3

131 dtd 30.1.04

2.

Prabhushankar Agarwal

 

ADEPA 4448 F

2002-2003

9

24

10 of 05-06

Central – II

5.6.2

129 dtd 21.12.05

3.

M/s Kanoi Estate Pvt Ltd

AABCK 3031 H

2000-2001

&

2001-2002

11

8

4 of 04-05

II

5.7.3

31 dtd 24.8.04

4.

Rameswara Medicare Pvt Ltd

AABCR 4797 D

2002-2003

12

9

9 of 05-06

Central – II

5.7.3

129 dtd 27.12.05

5.

Vikash Solvextracts Pvt Ltd

AABCV 0840 P

2003-2004 &

 2004-2005

15

17

16 of 05-06

II

5.6.3

170 dtd 6.2.06

6.

M/s Burnstandered Co Ltd

AABCB 4171 B

2001-2002

&

2002-2003

16

8

17 of 05-06

I

5.5.3

45 dtd 6.10.04

 

 

 

 

 

 

 

 

 

 

  

Statement of Draft Paragraph included in the

Audit Report for 2006-2007 ( CAG’s Audit Report No. 8 of 2008 )

Corporation Tax

  

Sl. No

Name of the assessee

P.A. No

Asstt. Year

PDA(C)’s DP No

CAG’s DP No.

SF No.& Year

CIT

Para No.

LAR No. & Date

  1.  

Uniworth Ltd

AAACU 2805 Q

2002-2003

1

155

163 of 05-06

IV

3.25

 

91 dt. 15.12.05

  1.  

Advance Medicare & Research Institute Ltd

AADCA 7879 B

2001-2002

2

2

20 of 06-07

IV

3.8

46 dt. 28.8.06

  1.  

I.T.C. Ltd

AAACI 5950L

2001-2002

3

1

150 of 05-06

III

3.12

 

74 dt. 8.12.05

  1.  

Lindsay International Pvt Ltd

AAACL 5347 A

2003-2004

4

142

178 of 06-07

III

3.19

98 dt. 13.02.07

  1.  

Rasoi Ltd

AABCR 4050 P

2003-2004

5

3

36 of 06-07

CENTRAL-I

3.17

 

53 dt.26.9.06

  1.  

Castle Breweries Ltd

AACCC 3655 Q

2003-2004

6

4

23 of 06-07

IV

3.25

 

48 dt.5.09.06

  1.  

Alfa Alluminium Private Ltd

AACCA 6164 C

2000-2001,

2001-2002

2002-2003

8

216

4 of 04-05

III

3.25

9 dt. 5.8.04

  1.  

Mauria Udyog Ltd

AABCM 9522 F

2003-2004

2004-2005

10

143

28 & 29 of 06-07

III

3.19

18 dt.30.06.06

  1.  

Price Water House Coopers (P) Ltd

AABCP 9181 H

2001-2002

11

5

173 of 05-06

I

3.20

59 dt. 21.11.05

  1.  

Binani Cement Ltd

AABCB 3087 C

2002-2003

12

144

9 of 06-07

CENTRAL-I

3.7

 

33 dt, 28.10.05

  1.  

Aditya Translink (P) Ltd

AACCA 6318 E

2000-2001

13

145

131 of 02-03

II

 

3.25

109 dt. 16.12.02

  1.  

Universal Industrial Fund

AAACU 4032 H

2004-2005

14

6

67 of 06-07

II

 

3.25

64 dt. 31.10.06

  1.  

Gamuda WCT (India) Pvt Ltd

 

AABCG 4987 E

2003-2004

17

146

62 of 06-07

IV

3.14

66 dt. 31.10.06

  1.  

West Bengal Infrastructure Development Finance Corporation Ltd

AAACW 3432 D

2003-2004

18

7

82 of 06-07

II

3.12

64 dt. 31.10.06

  1.  

Uniworth Ltd

AAAU 2805 Q

2002-2003

19

148

161 of 05-06

IV

3.7

 

91 dt. 15.12.05

  1.  

Himalaya Granites Limited

AAACH 5121 L

2002-03 & 2003-04

20

9

7 of 05-06

CENTRAL-III

 

27 dt. 26.10.05

  1.  

Central Inland Water Corporation Ltd

AABCC 0697 H

2003-2004

21

152

71 of 06-07

II

3.25

64 dt. 31.10.06

  1.  

National Instruments Ltd

AABCN 1214 D

2003-2004

22

252

108 of 06-07

I

3.16

 

67 dt. 28.11.06

  1.  

Inspection Syndicate India Ltd

AAACI 5593 D

2004-2005

23

10

76 of 06-07

II

3.25

64 dt. 31.10.06

  1.  

Pinnacle Trade & Investment Ltd

AABCP 7789 D

2001-2002

24

178

80 of 05-06

IV

3.7

232 dt. 03.06.05

  1.  

Avery India Limited

AACCA 4694 B

2003-2004

25

11

103 of 06-07

I

3.13

 

67 dt. 28.11.06

  1.  

Hindusthan Cables Limited

AAA CH 8575 L

2003-2004

26

12

56 of 06-07

IV

3.12

 

66 dt. 31.10.06

  1.  

WEBFIL Limited

AAACW 2651 G

2003-2004

27

13

100 of 06-07

I

3.8

 

67 dt. 28.11.06

  1.  

J.C.T. Ltd

AAACJ 6733 E

1995-1996

28

14

44 of 06-07

IV

3.12

 

66 dt. 31.10.06

  1.  

Uniworth Ltd

AAACW 2805 Q

2002-2003

29

8

162 of 05-06

IV

3.17

91 dt. 15.12.05

  1.  

Saraf Agencies (P) Ltd

AADCS 5996 B

2003-2004

30

15

126 of 06-07

CENTRAL-III

 

3.13

71 dt. 28.11.06

  1.  

Macneill Engineering Ltd

AABCM 7149 L

2004-2005

31

16

97 of 06-07

I

3.25

 

67 dt. 28.11.06

  1.  

Oriental Carbon & Chemicals Ltd

AAACO 3006 E

2001-2002

32

17

26 of 06-07

IV

3.20

48 dt. 5.09.06

  1.  

William Son Magor & Company

AAACW 2369 P

2002-2003

34

18

187 of 05-06

II

3.17

96 dt. 15.12.05

  1.  

I C I (India) Ltd

AAACI 6297A

2002-2003

35

19

24 of 06-07

IV

3.12

 

48 dt. 5.09.06

  1.  

Bhura Exports Ltd

AABCB 3389 F

2002-2003

36

20

220 of 05-06

II

3.25

 

213 dt. 11.05.06

  1.  

Sagittarians International Ltd

 

AAECS 6327 H

2004-2005

37

21

162 of 06-07

III

3.25

 

96 dt. 11.01.07

  1.  

Westing House Saxby Farmer Ltd

AAACW 2436 P

2003-2004

39

150

148 of 06-07

I

3.13

91 dt. 17.01.07

  1.  

Global Cement Ltd

AAACH 7410E

2003-2004

2004-2005

40

22

90 of 06-07

II

3.25

 

64 dt. 31.10.06

  1.  

Caledonian Jute & Industries Ltd

AABCC 4856 E

2003-2004

41

23

96 of 06-07

I

3.7

67 dt. 28.11.06

  1.  

Ispat profiles India Ltd

AAACI 6529 G

2002-2003

43

282

95 of 06-07

I

3.16

 

53 dt. 11.11.05

  1.  

All Bank Finance Ltd

AACCA 4014D

2004-2005

44

25

70 of 06-07

II

3.25

 

64 dt. 31.10.06

  1.  

MKJ Developers Ltd

AABCM 7076 L

2002-2003

45

26

120 of 05-06

II

3.12

 

158 dt. 10.03.05

  1.  

Rohit Ferro Tech Ltd

 

 

AACCR 1593 A

2004-2005

46

27

113 of 06-07

I

3.25

 

67 dt. 28.11.06

  1.  

H.P.L Cogeneration Ltd

 

AAACH 7600 N

2003-2004

47

151

51 of 04-05

III

 

3.25

 

41 dt. 04.10.2004

  1.  

Adams Elevator Company Private Limited

AACCA 1703 G

2003-2004

48

28

81 of 06-07

II

3.9

64 dt. 31.10.06

  1.  

Braithwaite & Co Ltd

AABCB 1512 A

2003-2004

49

103

115 of 06-07

I

3.16

67 dt. 28.11.06

 

  1.  

Central Inland Water Transport Corporation Ltd

AABCC 0697 H

2004-2005

50

147

91 of 06-07

II

3.10

64 dt. 31.10.06

  1.  

IBM Business Consulting Services Pvt Ltd

AACCP 2225 M

2003-2004

51

112

158 of 06-07

I

 

91 dt. 17.01.07

  1.  

T.M. International Logistics Ltd

AABCT 5399 M

2003-2004

52

253

176 of 06-07

III

 

98 dt. 13.02.07

  1.  

A.B.P. Pvt Ltd

AACCA 4609 F

2004-2005

54

29

130 of 06-07

III

3.8

90 dt. 09.01.07

 

  1.  

Lingraj Oil Industries Ltd

AAACL 4617 P

2004-2005

55

30

88 of 06-07

II

3.25

 

64 dt. 31.10.06

  1.  

I.F.B. Industries Ltd

AAACI 6561 R

2003-2004

56

153

60 of 06-07

IV

3.14

66 dt. 31.10.06

 

  1.  

Sarvottam Caps Ltd

AADCS 8806 J

2004-2005

57

31

132 of 06-07

III

3.25

 

90 dt. 09.01.07

 

  1.  

Eastern Jingying Ltd

AAACE 5788 Q

2003-2004

58

32

190 of 06-07

IV

3.13

106 dt. 9.2.07

  1.  

Govinda Stocks and Securities Pvt Ltd

AABCG 4400 A

2003-2004

60

104

67 of 04-05

II

3.25

 

78 dt. 7.12.04

  1.  

New Eureka Printers Pvt Ltd

AAACN 8506 B

2000-2001

61

33

217 of 03-04

III

3.25

 

207 dt. 27.04.04

  1.  

ABDOS Trading Company Pvt Ltd

AACCA 7504 L

2003-2004

62

296

98 of 06-07

I

3.17

67 dt. 28.11.06

 

  1.  

S.B.I. Home Finance Ltd

 

AAGCS 6117 F

2003-2004

64

279

39 of 04-05

III

3.25

 

41 dt. 04.10.2004

  1.  

Peerless Abasan Finance

Ltd

AABCP 5074

2000-2001

65

113

194 of 06-07

IV

3.25

106 dt. 09.02.07

  1.  

Nicco UCO Alliance Credit Ltd

AABCN 5012 H

2003-2004

66

105

65 of 04-05

II

3.25

71 dt. 2.12.04

  1.  

Pataka Industries (P) Ltd

AABCP 5057 C

2003-2004

67

154

203 of 06-07

II

3.13

101 dt. 23.02.07

 

  1.  

Jessop & Co Ltd

AAACJ 6969 N

2003-2004

68

114

30 of 04-05

I

3.25

42 dt. 14.10.04

 

  1.  

Gloster Jute Mills Ltd

AAACG 9800 B

2003-2004

69

106

111 of 06-07

I

3.8

67 dt. 28.11.06

 

  1.  

I.T.C. Ltd

AAACI 5950 L

2003-2004

70

107

172 of 06-07

III

3.12

98 dt. 13.02.07

  1.  

Hooghly River Bridge Commissioners

CALHO 0223 G

2006-2007

71

207

278 of 06-07

TDS

3.24

Review report on provision of TDS/TCS

  1.  

Naffar Chandra Jute Mills Ltd

AABCN 0704 C

2003-2004

73

208

134 of 06-07

CENTRAL-II

3.17

74 dt. 7.12.05

  1.  

Teesta Agro Industries Ltd

AABCT 1252 D

2003-2004

75

115

105 of 04-05

IV

3.25

208 dt. 12.04.05

 

  1.  

R.D.L. Infotech Ltd

AABCR 7757 F

2002-2003

76

108

174 of 05-06

I

3.8

59 dt. 21.11.05

 

  1.  

Usha Beltron Ltd

CN 1485

1998-1999

78

179

171 of 05-06

I

3.24

53 dt. 11.11.05

 

  1.  

All Bank Finance Ltd

AACCA 4014 D

2004-2005

79

234

92 of 06-07

II

3.25

64 dt. 31.10.06

 

  1.  

Uniworth Ltd

AAACW 2805 Q

2000-2001

81

111

180 of 06-07

IV

3.7

106 dt. 9.02.07

 

  1.  

Welcome Distilleries (P) Ltd

 

 

AAACW 3875 A

2003-2004

83

156

141 of 06-07

I

3.8

91 dt. 17.01.07

 

  1.  

Jessop & Co Ltd

AAACJ 6969 N

2001-2002

84

239

29 of 04-05

I

3.25

42 dt. 14.10.04

 

  1.  

Star Wire India Ltd

AAECS 1124 Q

2002-2003

85

157

19 of 05-06

I

3.25

53 dt. 11.11.05

 

  1.  

Mechano Paper Machines Ltd

AACCM 0602 M

2003-2004

88

235

26 of  05-06

I

3.25

59 dt. 21.11.05

 

  1.  

Balmer Lawrie & Co Ltd

AABCB 0984 E

2003-2004

90

297

238 of 06-07

II

3.25

138 dt. 24.02.07

  1.  

Jessop & Co Ltd

AAAC J 6969 N

2000-2001

2001-2002

2003-2004

91

210

31 of  04-05

I

3.25

42 dt. 14.10.04

 

  1.  

Coal India Ltd

AABCC 3929 J

2003-2004

92

240

244 of 06-07

II

3.14

138 dt. 24.02.07

  1.  

Rungta Mines Ltd

AABCR 6463 N

2003-2004

93

421

250 of 06-07

II

3.19

138 dt. 24.02.07

  1.  

Engel India Machines & Tools Ltd

AAACE 6510 C

2003-2004

94

418

156 of 06-07

I

3.9

91 dt. 17.01.07

 

  1.  

P.K. Advisory Services Private Limited

AABCP 8716 C

2004-2005

95

419

248 of 06-07

II

3.25

138 dt. 24.02.07

  1.  

Balmer Lawrie & Co Ltd

AABCB 0984 E

2002-2003

96

617

239 of 06-07

II

3.10

138 dt. 24.02.07

  1.  

Super Smelters Ltd

AAFCS 1116 F

2002-2003

97

211

262 of 06-07

CENTRAL-I

3.9

124 dt. 14.03.07

  1.  

Apeejay Finance Group Ltd

AACCA 1963 B

2003-2004

99

212

265 of 06-07

CENTRAL-I

3.20

119 dt. 9.2.07

  1.  

Kamarhatty Co Ltd

AABCK 2916 K

2003-2004

100

254

40 of 05-06

I

3.14

79 dt. 9.12.05

  1.  

Braithwaite & Co Ltd

AABCB 1512 A

2003-20004

101

217

114 of 06-07

I

3.16

67 dt. 28.11.06

  1.  

Bata India Ltd

AABCB 1043 Q

2003-2004

102

 

280

138 of 06-07

I

3.10

91 dt. 17.01.07

 

  1.  

Damodar Valley Corporation.

AABCD 0541 M

2003-2004

103

281

317 of 06-07

III

3.12

154 dt. 21.3.07

  1.  

Ispat Profiles India Ltd

AAAI 6529 G

2002-2003

104

24

118 of 06-07

I

 

53 dt. 11.11.05

 

  1.  

Balmer Lawrie Investment & Ltd

AACCB 2843 H

2004-2005

107

209

241 of 06-07

II

3.17

138 dt. 23.02.07

  1.  

The peerless General Finance & Investment Co Ltd

AABCT 3040 L

2001-2002

108

285

117 of 06-07

I

3.20

53 dt. 11.11.05

 

  1.  

Valley Abrasives Limited

AAACV 9676 L

2002-2003

109

286

313 of 06-07

III

3.25

154 dt 21.3.07

 

  1.  

Pilani Investment & Industries Corporation Ltd

AABCP 7642 R

2002-2003

110

287

225 of 03-04

II

3.25

239 dt. 22.7.04

  1.  

Star Paper Mills Ltd

AAECS 0759 B

2002-2003

111

288

231 of 05-06

II

3.15

229 dt. 31.5.06

 

  1.  

Sentrans Industries Ltd

AAECS 7978 A

2003-2004

112

289

311 of 06-07

III

3.14

154 dt 21.3.07

 

  1.  

Hooghly Dock and Port Engineers Ltd

 

 

AAACH 7473 B

2003-2004

113

345

104 of 06-07

I

3.14

67 dt. 28.11.06

  1.  

B.P. Project Pvt Ltd

AABCB 0564 C

2005-2006

 

114

340

2 of 06-07

III

3.25

13 dt. 23.6.06

 

  1.  

Hindusthan Paper Corporation Ltd

AAACH 9463 K

2003-2004

115

341

228 of 06-07

II

 

138 dt. 24.02.07

  1.  

Tiwari Bechar & Co Ltd

AABCT 1791 R

2003-2004

118

342

259 of 06-07

IV

3.10

107 dt. 7.3.07

 

  1.  

Madhusudan Investment & Trading Company (P) Ltd

AADCM 5355 Q

2003-2004

119

420

308 of 06-07

CENTRAL-II

3.19

160 dt. 30.3.07

  1.  

Texmaco Co Ltd

AABCT 0814 B

2000-2001

124

343

56 of 03-04

I

3.7

34 dt. 25.09.03

 

 

Statement of Draft Paragraph included in the

Audit Report for 2006-2007

Income Tax

 

Sl. No

Name of the assessee

P.A. No

Asstt. Year

PDA(C)’sDP No

CAG’s DP No.

SF No.& Year

CIT

Para No.

LAR No. & Date

1.

Zenstar Impex

AAAFZ 1038 M

2003-2004

16

1

33 of 06-07

XV

4.9.2

55 dt. 12.09.06

 

2.

D2 International

AAIFD 3660 Q

2002-2003

42

2

170 of 03-04

IV

4.21.3

131 dt. .6.02.04

 

3.

Arijit Dutta

ACRPD 8655 P

2003-2004

53

3

163 of 06-07

XX

4.14.1

31 dt. 04.08.06

 

4.

Price Water House

AAEFP 3641 G

2001-2002

80

11

138 of 05-06

XIV

4.11.1

170 dt. 06.4.06

 

5.

Bardhaman Co Operative Milk Producers’ Union Ltd

AAABB 0221 C

2003-2004

2004-2005

87

106

159 of 06-07

BURDWAN

4.13.2

86 dt. 15.12.06

 

6.

The Kolkata Municipal Corporation.

CALT 00409D

2005-2006

116

60

307 of 06-07

TDS

4.5

Review on efficiency and effectiveness of the provisions of TDS/TCS

 

 

 

 

 

 

 

 

 

 

 

 

 

Statement of Draft Paragraph included in the

Audit Report for 2006-2007

Overcharge. 

Sl. No

Name of the assessee

P.A. No

Asstt. Year

PDA(C)’sDP No

CAG’s DP No.

SF No.& Year

CIT

Para No.

LAR No. & Date

1.

Westing House Saxby Farmer Ltd

AAACW 2436 P

 

2003-2004

38

149

149 of 06-07

I

 

91 dt. 17.01.07

 

2.

Parwati Lakh Udyog

AADFP 6755 E

2003-2004

106

87

35 of 06-07

XV

4.22

 

55 dt. 12.09.06

 

 

 

 

 

 

 

 

 

 

 

 

Statement of Draft Paragraph included in the

Audit Report for 2006-2007

WEALTH TAX

 

Sl. No

Name of the assessee

P.A. No

Asstt. Year

PDA(C)’sDP No

CAG’s DP No.

SF No.& Year

CIT

Para No.

LAR No. & Date

1.

Kishan Kumar Saraf

AKHPS 6004P

2001-2002

2002-2003

1

1

7 of 05-06

XIII

5.6.3

100 dt. 9.12.05

2.

Steel Crete (P) Ltd

CN-0162

2001-2002

2

2

5 of 04-05

CENTRAL-I

5.8.2

110 dt. 21.12.2004

 

3.

Happy Homes & Resorts Pvt Ltd

AAACH 9536 R

2001-2002

3

6

19 of 05-06

I

5.6.3

22 dt. 10.08.05

4.

Crown Timber & Food Pvt Ltd

AACCC 0044P

2003-2004

2004-2005

4

7

2 of 05-06

III

5.6.9

23 dt. 20.9.05

5.

Kedar Nath Fatepuria

AADPF 5700F

2000-2001

2001-2002

5

8

23 of 05-06

II

5.7.3

244 dt. 11.5.06

6.

Krup Engineering Project Pvt Ltd

AABCK 1093P

2002-2003

6

9

6 of 05-06

III

5.6.3

91 dt. 8.12.05

7.

Sunita Impex Pvt Ltd

AADCS 8466M

2001-2002

2002-2003

7

19

21 of 05-06

I

5.6.3

51 dt. 20.10.05

8.

Happy Home Resorts Pvt Ltd

AAACH 9536 R

2002-2003

8

4

20 of 05-06

I

5.6.3

22 dt. 10.08.05

9.

Birds Jutes & Exports Ltd

AABCB 2205 M

2003-2004

9

34

5 of 06-07

I

5.6.9

56 dt. 13.9.06

10.

Siddheswar Upadhyaya

Sujit Kr Upadhyaya

Ujjal Kr. Updhyaya

AAGPU 7408Q

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