Telecommunication Accounts and Finance -1

 

Telecommunication Accounts and Finance

Audit Report : 

FIXED ASSETS :-
1	Fixed Assets register is not updated till 31-12-2009.
2	Depreciation on Fised Assets has not been charged quaterly.
3	Asset Number is not assigned to individual asset or equipment.
CAPITAL WORK IN PROGRESS :-
1	Cost overrun has not been sactioned by the competent authority where the overrun is more than 10%.
2	Physical verification of CWIP has not been carried out.
INVENTORY :-
1	Bin Cards are not maintained by the unit.
2	Stores Scrapping Committee has been formed but no action has been taken uptill now.
3	Stock lying at Stores is not insured .
SUNDRY DEBTORS :-
1	There is a difference in TRA Sub - Ledger & Genreal Ledger in respect of Debtors
LOANS & ADVANCES TO EMPLOYEES :-
1	In certain cases, we have observed that no recovery of loans is made.
STATUTORY PAYMENTS :-
1	There is excess payment of Service tax.
2	In certain cases, we have observed that TDS is deducted Short.

Sr. No.		PARTICULARS	ANNEXURE NO.	AUDITORS REMARKS
A. FIXED ASSETS
I		Fixed asset register
	a	Whether Fixed Asset Register (FAR) is Maintained in 21 colum format prescribed by corporate office.		Yes, FAR is maintained but not updated till 31-12-2009
	b	Whether each asset reflected in FAR is having all the information such as situation , quantity details etc.		Details such as Quantity, Unit of Masurement, Life of Asset, Specification are not filled in the FA Register
	c	Whether all the particulars of procurement /purchase of assets acquired during BSNL periods, are reflected in FAR.		Yes
	d	Whether details of all the assets commissioned /put to use during the year have been entered in the FAR and the correspoding accounting entries have been passed and included in the trial balance.		Yes
	e	Whether the ATD for the assets handed over /tranferred by the project circle /Installation wing /other circle and units , received during 2009-10 and previous year but remain pending at the beginning of 2009-10, have been accepted and entered in FAR as well as accounted in the trial balance.		As informed to us, no such cases
	f	Whether the value of all assets reflected in the FAR is reconciled with the value reflected in the Trial Balance and the difference if any has been settled.		FA Register not updated, hence unable to comment.
	g	Whether all the assets which are physically available as per the physical verification are reflected in the FAR as well as in the Fixed assets accounts (Trial Balance). Whether difference found if any in respect of assets as per the physical verification and as per the Fixed Assets Account & FAR has been reconciled and rectification has been made in FAR and /or Fixed Asset Account.		As informed to us physical verification of fixed assets will be carried at the year end.
	h	Whether the asset valued up to Rs.5000/- is properly accounted in the asset account , FAR and full depreciation is charged in the first year of installation / commisioning as per instruction issued by corporate office.		Yes, Depreciation has not been charged on quaterly basis
II		Addition or Deletion of Assets
	a	Whether in case of addition or deletion of assets proper records are kept for the purpose of preparation of Fixed Assests Schedule.(proforma to Statement).		Yes
	b	Whether in case of acquisition of assets from vendors,proper rules have been followed		Yes
	c	Whether fixed asset have been physically verified as per the order of Corporate office and detailed record of physical verification has been prepared in the prescribed format.		Physical verification of fixed assets not carried out during the period under audit
	d	Whether asset number is assigned to the individual asset and equipment .		Asset Number not assigned to individual asset and equipments.
	e	Whether there is any Fixed Asset purchased / procured but not capitalized / put to use during the financial year.		No such case
	f	Whether replacement of assets has been accounted as per the instructions issued by corporate office.		No replacement of asset carried out during the period under audit.
	g	Whether depreciation is properly calculated in respect of all functioning assets as well as stand by assets and assets which have been dismantled with an intention of utilising the same in some other location and particularly in respect of assets capitalized during the year with refernce to date of capitalization/ put to use.		Depreciation has been charged on Opening Balance. Depreciation has not been charged Quaterly.
	h	Whether proper records are kept in respect of addition to fixed asset in the category of less than 180days ,180 days and above which required for calculation of depreiciation as per Income tax act.		Yes
	i	Whether in case of transfer of existing working asset from one accounting unit to another,proper accounting entries are passed for deletion/addition of assets.		No such case during the period under audit
III		Intangible Assets and Leasehold Lands
	a	Whether intangible asset have been properly accounted and the amortised as per the order of corporate office .		No Intangible assets held by the unit.
	b	Whether all the lands in possession of the units /circle have been analyzed and completely bifurcated as freehold and leasehold.		No Lease hold assets held by the unit
	c	Whether initial lease value of leasehold land is properly amortized over the lease period on straight- line method.		No Lease hold assets held by the unit
	d	Whether proper action has been taken by the units / circle authorities to renew the lease period of the leasehold land whose lease period has already expired /to be expired very soon.  Whether any leasehold land in possession  whose lease period has been expired , but not yet renewed.		No Lease hold assets held by the unit
IV		Assets Declared as Obsolete / Unserviceable
	a	Whether the circle / units have undertaken the process for identification of the assets which are to be declared as obsolete /unserviceable .		No asset has been declared obsolete / unserviceable
	b	Whether in respect of fixed asset which are declared obsolete / unserviceavable by the , competent authority, depreciation has been charged in accounts correctly i.e.up to the last date of functioning of such asset; proper accounting entries are passed to transfer the net depriciated value of such asset to decommissioned asset a/c code,to delete the entries of such asset from  FAR and to make the provision for the difference between NRV and net depriceated value of decommissioned asset .		Not Applicable, since none of the asset has been declared obsolete / unserviceable
	c	Whether the details of all assets declared obsolete/ unserviceable i.e. description of asset, quantity, date of withdrawal of asset from use , net depriciated value, NRV, amount of provision made, physical location of such asset, sanction particular regarding declaration of such asset as obsolete/unserviceable by competent authority,particular about disposal of such obsolete / unserviceable asset etc are kept in the obsolete/unserviceable asset register		Not Applicable, since none of the asset has been declared obsolete / unserviceable
	d	Whether obsolete /unserviceable assets reflected in the accounts are reconciled with the entries made in obsolete/unserviceable asset register and physically available and the difference if any between the two sets of records is setteled		Not Applicable, since none of the asset has been declared obsolete / unserviceable
	e	Whether obsolete /unserviceable asset lying under decommission asset are desposed of promptly under proper sanction of the cometent authority, provision made if any at the time of declareing the assets as obsolete/unserviceable are utilised/ retain back and proper accounting entries are passed to account for sale value.		Not Applicable, since none of the asset has been declared obsolete / unserviceable
	f	Whether there are any assets which have been retired on service forever, but not remove from fixed asset acount ( TB ) and FAR, depreciation is continued to be charged on such asset.		As informed to us, no such cases
V		Theft/loss of Asset
	a	In case of theft of asset /loss of asset due to natural calamity, fire etc Whether proper accounting entries has been passed to relieve the Fixed Asset Account (General Ledger) & FAR and whther provision for the net depreciated value of asset lost has been made.		As informed to us, no such cases
	b	In case of loss of asset due to natural calamity Whether further action has been taken for writing off the same as per sanction of the competent authority and provision is utilized.		As informed to us, no such cases
	c	In case of loss of asset due to theft and other reasons  Whether further action has been taken by he authority for recovery of asset or otherwise as per sancion of the competent authority and  provision is utilized /written back.		As informed to us, no such cases
		B. CAPITAL WORK-IN-PROGRESS
I		Sanctioning Authority
	a	Whether the project / detailed estimate for works has been sanctioned by the competent authority.	" A "	In one of the case, project estimate for works has not been sanctioned by the competent authority.
	b	Whether any cost overrun in respect of each work completed / under execution has occurred and the same has been sanctioned by the competent authority.	" B "	No, cost overrun has not been sanctioned by the competent authority.
II		CWIP Register
	a	Whether CWIP register / sub-ledger is maintained by the units for the works under execution, and Whether details of each work under execution are reflected in it.		Yes, the CWIP register is maintained.
	b	Whether the CWIP register / sub-ledger in respect of each work is updated as and when transactions occurs i.e. services availed for execution of "work, material is received and utilized in works, amount of payment disbursed etc.		Yes, CWIP register is updated upto 31-12-2009.
	c	Whether material / stores received from Store Depots of BSNL / other units of BSNL based on indent for execution of works are accounted to CWIP account / CWIP Register / sub-ledger immediately on receipt of ATD / information from IBTMS package.		As informed to us, no such cases
	d	Whether-the material / stores / equipments issued to the contractor / turnkey project executing vendor for execution of works / turnkey projects are accounted to accode for "Material / stores with contractor". Whether such material / equipment actually utilized by the contractor in the works from time to time, are accounted against the CWIP accode and CWIP Register / sub-ledger by giving credit to accode for "Material / stores with contractor" and on completion of work in question the un-utilized / surplus material are taken back to store Depot and accounted to inventory head by giving'credit to "Material / equipment with contractor".		As informed to us, no Material  / Stores with Contractor
	e	Whether appropriate accounting entries have been passed in the CWIP account (General Ledger) in respect of CWIP, which has been abandoned under the sanction of the competent authority. Whether entries have been made in the CWIP Register / sub-ledger in respect of such CWIP. In case provision exists for such abandoned CWIP Whether same has been utilized to cover the-loss or in the absence of provision Whether the loss has been charged to P&L account and Whether such abandoned CWIP which can not used elsewhere, has been disposed off as per order of the competent authority.		As informed to us, no such cases
	f	Whether reconciliation of entries in the CWIP Register / sub-ledger in respect of expenditure incurred on capital work is made with the booking in the CWIP Account (General ledger) and Whether the difference if any between two sets of figures is settled.		No such difference
III		Material and Equipment with Contractor
	a	Whether material issued to contractor / turn-key project executing vendor but remained un­utilized at the close of the financial year, are physically verified and tallied with value of the material reflected under accode for "Material / equipment with contractor".		Not Applicable
	b	Whether amount booked to accode for "Material / equipment with contractor" are reviewed from to time and proper adjustment is made about utilization of the material / equipment in the project and / or return of unutilized items to Store Depot.		As informed to us, no material / equipment with contractor.
IV		Measurement Book
	a	Whether Measurement Book is maintained for recording the details of works executed by the contractor.		Yes
	b	Whether'the project executing authority records the details of work as and when executed by the contractor, in the Measurement Book.		Yes
	c	Whether Measurement book is updated as and when payment is disbursed to the contractor.		Yes
V		Liability For Services Of the Contractors
	a	Whether liability is created as and when the contractor provides the services for execution of works and particularly at the close of financial year Whether all the liabilities towards services availed from the contractors have taken care of by the Project executing authority and the same has been reflected in accounts.		Not Applicable
	b	In respect of completed project Whether all the liabilities for executing the work in question are taken into account for capitalization of the said completed projects / for transfer through AID to consignee units.		Not Applicable
	c	Whether payment to contractor is debited to provision / liability created earlier for the purpose.		Yes, payment to contractor is debited to provision / liability created earlier for the purpose.
VI		Completion of Works
	a	To take proper pro-active steps in consultation with the officers / executives of Planning and Installation wings to ensure that completion report / management certificate is issued immediately after the work is completed / commissioned so that capitalization by way of booking the cost of completed works to Fixed Asset Account can be done in the month of trial balance in which asset in question is put to use / commissioned.		As informed to us by D.E. (Planning) no such works are pending
	b	Whether appropriate action has been taken by the project executing authorities in respect of works which have been put to use / commissioned but not capitalized for a considerable period.		As informed to us, no such case
	c	Whether all the pending CWIP are reviewed by the project sanctioning & executing authorities particularly with reference to completion of the works within the scheduled time frame and Whether appropriate action has been taken by the Management for completion of each project particularly projects of more than one year old.		Yes
	d	Whether appropriate action has been taken by project executing authorities to complete the old CWIP for which provision has been made in previous financial year(s) and writing back the provision on completion/commissioning of such project		Yes
VII		Physical Verification of CWIP
	a	Whether physical verification of CWIP has been carried out by the authorities (Planning / Development Wing) of Circle / unit as per instructions of the Corporate Office.		No physical verification of CWIP has been carried out by the unit authorities
	b	Whether details of physical verification of CWIP are recorded in the prescribed format.		Not Applicable, since no physical verification has been carried out.
	c	Whether reconciliation of CWIP as per physical verification, has been made with the particulars of concerned CWIP as available in the CWIP Register / sub-ledger and the difference if any has been settled.		Not Applicable, since no physical verification has been carried out.
	d	Whether value of CWIP physically available has been reconciled with the value reflected in CWIP account (General ledger) and difference if any has been settled.		Not Applicable, since no physical verification has been carried out.
VIII		Others
	a	Whether overheads are charged to capital works on actual basis i.e. salary and other expenditure, which are directly attributable and identifiable to each capital work, are charged as overhead. Whether depreciation of testing instruments, motor vehicle etc. that are utilized for execution of capital works, is charged as overhead to concerned capital work.		No capitalisation done during the period under audit.
	b	Whether no expenditure of revenue nature has been charged to CWIP.		No capitalisation done during the period under audit.
	c	Whether Telecom Project Circles hand over / transfer the capital cost of the work to Maintenance / other Circles immediately after the work is completed / commissioned and ATD for the same along with all related documents are raised simultaneously against the consignee circle. (Instances of handing over all the completed works and raising of huge number of ATDs only at the close of the financial year by Project Circles must be discouraged).		As informed to us, no such cases
		C. INVENTORY
I		Inventory Records
	a	Whether bin cards and Priced Store Ledger are maintained by the Store Depots.		Bin cards are not maintained. Inventory register is maintained physically and Priced Store Ledger is maintained in computerised system.
	b	Whether all the stores / material received from Vendor / supplier as per terms and conditions of purchase orders are recorded in the Bin Card, Priced Store Ledger (quantity and other details) immediately on their receipt and acceptance by the consignee. (Stores / material received must not be directly charged to CWIP but to be routed through Inventory Account).		Quantity, date of receipt and amount of stores/materials is recorded.
	c	Whether full liability for stores received in good condition from supplier/vendor, are created and accounting entries are made in the Inventory Account (General Ledger) and Priced Store Ledger (value of material) immediately on acceptance of the material by the consignee in case the accounting unit of the consignee is the paying authority of the stores received. And Whether subsequent payment to vendor / supplier has been debited to liability accode.		Yes
	d	In case the paying authority for the stores received is other accounting unit/Circle, Whether the value of the stores is posted in the Priced Stores Ledger and in inventory account (General Ledger) immediately on obtaining the information from IBTMS Package about ATD raised by the concerned paying authority.		Not Applicable
	e	In case of receipt of stores / material from other units of BSNL Whether entries about quantity are made in the Bin card & Priced Store Ledger immediately on receipt of Stores. Whether value of such stores is entered in priced stores ledger and Inventory account (general ledger) immediately on getting the information from IBTMS Package about ATD raised by the consignor units of BSNL.		Yes
	f	Whether weighted average rate of each item of store is calculated as and when new consignment is received taking into account all cost including transportation cost - primary distribution cost excluding the CENVAT portion. Whether weighted average rate is entered in the Priced Store Ledger.		Yes
	g	Whether entries about receipt and issue of stores in the Bin Card and Priced stores ledger are reconciled and difference if any, is settled promptly.		Not Applicable, since Bin Cards are not maintained
	h	Whether the value of the stores reflected in the Priced Store Ledger is reconciled with the value reflected in the Inventory account (General Ledger) and difference if any is settled immediately.		Yes
	i	To check that proper stock register is maintained at work sites.		Yes
	j	A status report regarding computerization of inventory records must be given in the Internal Audit report.		S.R. Inventory Management Software is working for inventory managament
II		Issue of Material
	a	Whether issue of stores is made based on indent approved by the competent authority.		Yes, issue of stores is made on the basis of indent approved by the competent authority.
	b	Whether issue particulars are noted in the Bin Card, Priced Stores Ledger immediately on issue of the stores to the consignee/works.		No, One Issue of  EDF Bay 24F - 2Nos issued on 25-05-2009 to SDE-Tx-I, Jalna not recorded in Stores Ledger ( Entered on 23-01-2010 )
	c	Whether in respect of issue of stores from the Store Depot / units of BSNL to works - ATDs for the value of stores at weighted average rate prevailing at the time of issue, are sent to the accounting units of consignee immediately the stores are issued and corresponding entries are made in the Priced Stores Ledger, inventory account (General Ledger) and entries are also made in IBTMS package so that consignee can account for the same.		Yes
III		Physical Verification of Inventory
	a	Whether physical verification of inventory is carried out periodically and positively at the close of the financial year covering all items of inventory.		Physical verification of inventory is carried out periodically by the management.
	b	Whether proper documents of physical verification of stores are prepared in the format prescribed by Corporate Office (Circular No. 132 dt. 17.04.2008).		Yes, report of physical verification is prepared
	c	Whether the stores (quantity) as per physical verification are reconciled with those reflected in the Bin card & Priced Store Ledger and the difference if any is sorted out/settled immediately.		Bin cards are not maintained but reconciliation between inventory register and inventory ledgers has been done.
	d	Whether value of stores as per physical verification is reconciled with the value of stores reflected in Inventory account (General Ledger) and Priced Stores Ledger and difference if any is settled within the financial year.		Yes
	e	In case of shortage of stores found during physical verification (as per Bin card / priced stores ledger) Whether the same has been settled and if not settled within the samefinancial in which the shortage has been detected due to reasons beyond control Whether provision has been made for the shortage.		No shortage found in the course of physical verification of inventory.
	f	In case of shortage of stores found during physical verification in previous financial year(s) and remained pending as on 01.04.2009 has been totally settled during 2009-10 and provision if any for the same made in previous year(s), has been fully adjusted.		As informed to us, there was no shortage of store found during physical verification in previous financial year(s).
	g	Whether physical verification has been carried out in respect of inventory lying unutilized with contractor at the close of the financial year.		Not Applicable
IV		Theft/loss of Inventory
	a	Check in case of theft of stores / loss of stores due to natural calamity, fire etc Whether proper accounting entry has been passed to relieve the Inventory Account (General Ledger) and entries has been made in Bin Card and Priced Stores Ledger, provision for the value of value of stores lost due to theft / destroyed due to natural calamity / fire has been made and further action has been taken for writing off the value as per sanction of the competent authority in case of loss due natural calamity / recovery of stores in case of theft / investigation in case loss of stores due to other reason.		As informed to us, no such case of theft of stores or loss of stores due to natural calamity or fire occurred.
	b	In case of loss of stores due to natural calamity Whether further action has been taken for writing off the same as per sanction of the competent authority and provision is utilized / written back.		Not Applicable
	c	In case of loss of inventory due to theft and other reason Whether further action has been taken by the authority for recovery of asset or otherwise as per sanction of the competent authority and provision is utilized /written back.		Not Applicable
V		Scrap Verification
	a	Whether inventory has been totally verified by the Stores Scrapping Committee to identify the obsolete / unserviceable / non-moving inventory.	" C ",                       " D " & " E "	As informed to us, Stores Scrapping Committee is formed recently and no action has been taken by them uptill now.
	b	Whether report of the Store scrapping committee along with the details of obsolete and unserviceable stores has been submitted to the competent authority for declaring the same as obsolete / unservicable		No
	c	Whether proper provision has been made based on the NRV of stores declared as obsolete / unserviceable by the competent authority (provided the NRV is less than book value of the stores).		No
	d	Whether the stores declared as unserviceable / obsolete have been accounted to accede for unserviceable/obsolete stores by crediting to inventory account.		No
	e	Whether the details of all inventory declared obsolete / unserviceable i.e. description of stores, quantity, book value, NRV, amount of provision made, physical location of such inventory, sanction particulars regarding declaration of such stores as obsolete/unserviceable by competent authority, particulars about disposal of such obsolete / unserviceable stores etc. are kept in the Obsolete / Unserviceable Store Register.		No seperates Store Register is maintained for obsolete / unservicable stores
	f	Whether obsolete / unserviceable stores reflected in the accounts are reconciled with the entries made in Obsolete / Unserviceable Store Register and the difference if any between the two sets of records is settled.		No, Since no separate register is maintained
	g	Whether obsolete & unserviceable stores lying under obsolete/unserviceable inventory accode are disposed off promptly under proper sanction of the competent authority, provision made if any at the time of declaring the stores as obsolete/unserviceable are utilized / written back and proper accounting entries are passed to account for sale value.		Obsolete, unserviceable and de-commissioned stores lying in the inventory have not been disposed off uptil now. Other obsolete items which are lying in the store but are not in the inventory records should be identified and proper action should be taken for dispossing off such items.
VI		Closing Stock
	a	Whether stores lying unutilized with contractor at the close of the financial year are taken to inventory account by passing accounting entries and at the beginning of the next financial year such entry is reversed.		Not Applicable
VII		Others
	a	Whether storage arrangement for keeping inventory is adequate, proper and safe.		Yes, but no Insurance of Stock is obatined
		D. Bank & Cash Transaction
I		Cash & Bank Book
	a	Whether cash book and bank book are properly maintained.		Yes
	b	Whether there is-any un-identified difference / un-reconciled balance / un-confirmed balance in the cash and bankbook and the same has been settled promptly by the units.		No such case
	c	Whether bank contra & cash contra is tallied and no difference is left at the end of the month and at the close of the financial year.		Bank &  Cash Contra is tallied.
II		Handling Of Cash
	a	Whether cash collected has been remitted to bank promptly and there is no delay in the remittance as well as no collection money is pending to be remitted to bank at the close of the financial year.		Not Applicable
	b	Whether bank has credited in collection account the cash remitted by units immediately, if not what action has been taken by the unit to get the same credited on immediate basis.		Yes, the bank has credited the collection account immediately. On 05-10-09 & 31-12-09 excess credit has been given by bank fo Rs. 47487 /- in SBH, Ambad A/c No 52150611647
III		Bank Reconciliation
	a	To reconcile the amount transferred by the Bank from the Escrow Account.		No escrow account maintained
	b	Whether cheques are remitted to bank promptly and there is no delay in remittance and no cheques / DD are pending to be remitted to bank at the close of the financial year.		Yes, the cheques are remitted to bank promptly
	c	Whether all the cheques / DDs received on the closing day of the financial year but could not be remitted to bank on the same day due to circumstance beyond control, are treated as part of cash balance and disclosure in this regard is given in the annual accounts.		Not Applicable
	d	Whether all the cases of cheques deposited but not credited by bank have been analyzed with reference to age, prompt persuasion has been made to get the same credited by bank.		No, there are certain cheques which has been deposited but not credited by bank.
	e	Whether in respect of dishonored cheques the instruments are timely forwarded by the banks along with consolidated list and amount of such has been reversed by the Units in Bank Book and billing system and needful has been done for realization of such amount from the debtors.		Yes
	f	Whether cash / cheques / DDs have been remitted / deposited to / with bank but not accounted for by the Accounting unit in the accounts.		As informed to us, no such cases
	g	Whether bank reconciliation in respect of all the bank accounts of units / circle has been carried out / completed by the SSA / Accounting unit, the bank reconciliation statements are properly prepared and sent to the banking cell at circle headquarters.		Yes all the Bank accounts ( Collection & Operation ) has been reconciled by the unit upto 31-12-2009
	h	Whether all the items pending in the Bank Reconciliation Statement of each bank account has been reviewed thoroughly, segregation of various types of items have been done, age-wise analysis of the pending items in the range of > 6 months but < 1 year, >1 year but < 2 years, > 2 years has been carried out.	" F " & " G "	Yes all the pending items in the reconciliation statement has been reviewed thoroughly.
	i	Whether-proper accounting entries have been passed in respect of cheques issued but not presented to bank by party and has become time barred.	" H "	Yes, cheque issued but not presented to bank has been transferred to Time Barred Account
	j	How many old un-reconciled items (> 6 months) reflected in Bank reconciliation statement as on 31.03.2009 have been cleared during 2009-10 and what action plan has been taken to settle the balance items.		Yes unreconciled old items has been pending as on 31.03.2009 has been adjusted.
	k	Whether sweeping facility has been availed by the units in respect of operation bank account and Whether interest afforded / to be afforded by bank in such cases has been accounted by the units on accrual basis.		Yes, sweeping facility has been availed by the unit in respect of operation bank account.
	l	Whether confirmation balance in the bank account at the close of the financial year is obtained from the bank.		Not Applicable
IV		SSA-Circle IFA   Reconciliation
	a	Whether the banks have transferred the money from the Collection Account of Units to Circle IFA and in turn from IFA to Corporate Office without any float. In case of delay in transferring the money by bank Whether appropriate action has been taken by the units / Circle IFA as per agreement with the banks.		Yes the bank has transferred the money
	b	Whether TT sent by the units to IFA have been credited by bank to IFA's collection account correctly and promptly and there is no difference between the amount accounted by the Unit & IFA		Not Applicable, since the funds are transferred online.
	c	Whether all the cases of TT sent by the Units to Circle IFA and by Circle IFA to Corporate Office, but not credited to IFA collection account / Corporate office account or wrongly credited /short credited, have been analyzed with reference to age and vigorously pursued by the Unit / Circle office with the bank authorities to get the credit and to settle all such cases.		Not Applicable, since the funds are transferred online.
	d	Whether appropriate action has been taken by the SSA / accounting units to settle the wrong / short / excess debit and credit afforded by banks which are reflected in  Bank reconciliation statement.		Not Applicable, since the funds are transferred online.
	e	Whether proper action has been taken by the SSA / accounting units to clear the unlinked debit and credit reflected in the Bank Reconciliation Statement.		Not Applicable, since the funds are transferred online.
V		Cash Verification
	a	Whether insurance policy has been taken in respect of cash in chest and cash in transit.		Yes, Insurance Policy has been taken for Cash for the period from 06-01-2010 To 05-01-2011
	b	Carry out surprise check of cash at least twice during the period of their working in SSA / Unit once before 31-12-09 and another before 31-03-10 and ensure that certificate of cash in hand and cash on bank are correct.		Yes, Collection Cash & Operation Cash has been verified by us during the course of audit on 20-01-2010 & foud to be correct.
	c	Whether payment through cash is made as per rule and acknowledgement of receipt of cash by the receiver is obtained by the cashier.		Yes, payment through cash is made as per rule and acknowledgement of receipt of cash by the receiver is obtained by the cashier.
VI		Others
	a	Whether charges debited by bank to operation / collection bank account are as per agreement with the bank, if not Whether all such cases has been vigorously pursued by units and settled by the bank authorities.		Yes
	b	Whether higher officers regularly verify cash and imprest balance.		Yes the cash is regulary verified by Higher officials
	c	Whether the units maintain authorized cash and bank balance and there is no holding of abnormal cash and bank balance in the operation account.		There are no abnormal holding in cash & bank balance.
	d	Whether revenue stamp is affixed as per applicable rules		Yes, revenue stamp is affixed as per applicable rules
		E. Sundry Debtors
	a	Whether the difference between TRA sub-ledger and General Ledger in respect of debtors as on 31.03.2009 has been thoroughly analyzed, reconciled and neutralized entirely during the 2009-10.		There is a difference between TRA sub-ledger and General Ledger in respect of debtors as on 31.03.2009.
	b	Whether the debtors booked in the general ledger from 1.4.2009 onwards are totally reconciled with sub-ledger of debtors and no difference exist in respect of such booking at the close of the financial year 2009-10.		Not Applicable
	c	Whether ageing analysis of sundry debtor at the close of financial year in the range of < 6months, >6 months but <1 year, > 1 year but < 2 years and >2 years has been correctly worked out.		Not Applicable
	d	Whether appropriate action has been taken to collect the outstanding particularly the old one from the debtors and out of these efforts how much old outstanding has been cleared through collection of bills and not by cancellation & write off.		To collect the outstan
	e	Whether all the credits for payment received which remain unadjusted due to various reasons, have been thoroughly reviewed, linked to concerned debtors and adjusted.		Yes
	f	Whether the bills, which have been cancelled during the year, are proper, as per rules and the same have been adjusted against revenue and not against provision for doubtful debt.		Yes
	g	Whether debts, which have been written off during the financial year, are proper, as per rules and supported by, sanction given by the competent authority as per financial powers.		Rs. 23.59 Lacs has been written off during the period under audit.
	h	Whether the debts, which have been written off during the year, have been charged to P&L A/c and not to provision for doubtful debt as per the instructions given in Circular 118 dt. 06.02.2008.		Yes
	i	Whether provision for doubtful debtors at the close of the financial year is done as per policy of BSNL and according to Circular 118 dt. 06.02.2008 & 137 dt/15.05.2008.		Not Applicable
		F. Loans & Advances given to employees
	a	Whether proper Recovery Register is maintained by the units to record all types of loans and advances (interest bearing & non-interest bearing) given to the employees.		Yes, proper Recovery Register is maintained by the units to record all types of loans and advances (interest bearing & non-interest bearing) given to the employees.
	b	Whether proper entries are made in the Register at the time of disbursing loans and advances.		Yes, proper entries are made in the Register at the time of disbursing loans and advances.
	c	Whether recovery of loans and advances is made on regular basis and noted in the Register	" I "	Recovery of loan & advances is proper except in some of the few cases reported in Annexure Attached
	d	Whether the balance of loans and advances as reflected in the Register is tallied with the General Ledger booking.		Yes, the balance of loans and advances as reflected in the Register is tallied with the General Ledger booking.
	e	Whether interest on loans and advances wherever applicable has been correctly calculated and recovery is made.		Yes, interest on loans and advances wherever applicable has been correctly calculated and recovery is made.
		G. Various type of deposits made by BSNL units with different authorities / local bodies / others and advances given to vendors / contractors / Govt. companies & organization etc.
	a	Whether proper sub-ledger / Register is maintained for various types security deposits / other deposits such as deposit with Electricity Board / local authorities made by BSNL units.		Yes proper sub-ledger / Register is maintained for various types security deposits / other deposits such as deposit with Electricity Board / local authorities made by BSNL units.
	b	Whether proper sub-ledger / Register is made for advance given to supplier / contractors / Govt. companies & organization etc.		No Advance has been given to supplier / contractor
	c	Whether proper entries are made in the Register at the time of giving deposit / advances.		Not Applicable
	d	Whether recovery of amount of advances given to vendor / supplier / contractor / Govt. companies & organization and interest thereon is made on as per terms and conditions of giving advance and noted in the Register		Not Applicable
	e	Whether the balance of deposits and advances as reflected in the Register is tallied with the General Ledger booking.		Yes, the balance of deposits and advances as reflected in the Register is tallied with the General Ledger booking.
		H. EMD. SD given by BSNL Units and Bank guarantee given by BSNL Units to others
	a	Whether proper sub-ledger / Register is maintained for keeping details of EMD & SD given by BSNL Units.		Not Applicable
	b	Whether the details of EMD & SD reflected in the EMD & SD register/sub-ledger are reconciled with the booked figure of EMD / SD reflected in the General Ledger and difference if any, has been settled.		Not Applicable
	c	Whether refund of EMD & SD is promptly obtained on fulfillment of all the terms and conditions related to it and same is noted in the EMD/SD Register.		Not Applicable
	d	Whether Register for Bank Guarantees given is maintained and details of all the bank guarantees are kept in the said Register.		No Bank Guarantee is given by BSNL to Others
	e	Whether bank guarantees are got released promptly on fulfillment of terms and conditions.		No Bank Guarantee is given by BSNL to Others
		I. Temporary Advance & Imprest
	a	Examine the genuineness of 25% of vouchers of temporary advance and imprest for items procured / work done through firms whose existence is to be examined by carrying out telephonic verification. The findings should be revealed in the management summary.	" J "	The genunity of the vouchers of temporary advance has been verified on a test check basis.
	b	Whether there are incidence of taking temporary advance involving huge amount frequently / within short interval by selective group of officers and Whether there is justification for such temporary advance in view of the fact that repair & maintenance of most of assets are done through annual maintenance contract and some other works are carried out through contractor selected through established procedures. Any abnormality in this respect must be reported to the Head of Circle and Circle IFA.		No such cases has been observed by us during the course of our audit
	c	Whether there are instances of granting temporary advance without adjusting the previous one. If so, action taken by the advance sanctioning authority and IFA of unit /Circle shall be indicated in the Audit Report.	" K " & " L "	Yes, there are instances of granting temporary advance without adjusting the previous one.
		J. Amount recoverable from DOT / DOP
	a	Whether Control Registers are maintained for various type of amount such as GPF advance, salary of staff working in CCA, leave salary paid employees on deputation etc recoverable from DOT.		Yes, proper control registers are maintained for various type of amount such as GPF advance, salary of staff working in CCA, leave salary paid employees on deputation etc recoverable from DOT.
	b	Whether proper entries are made in the Register at the time of disbursement of such amount to concerned staffs, which are recoverable from DOT.		No such case
	c	Whether Register is maintained for amount recoverable from DOP such as rent of building occupied by DOP, house keeping charges and other amount.		Not Applicable
	d	Whether claim bills are preferred to DOT supported by detailed schedule promptly and active persuasion is made for recovery of the amount.		No claims from DOT are not actively persuaded
	e	Whether claim bills are preferred to DOP promptly and active persuasion is made for recovery of the amount.		Not Applicable
	f	Whether payment received from DOT/ DOP is noted in register.		Yes, payment received from DOT is noted in register.
	g	Whether balances which are recoverable from DOT / DOP and reflected in the General Ledger has been reconciled with those reflected in Sub-ledger / Register and difference if any has been settled.		Sub Legder for balance recoverable from DOT / DOP is not maintained.
	h	Whether details of amount recoverable from DOT on various account have been uploaded in Web based system and the same has been tallied with booked figure reflected in General ledger.		Yes, details of amount recoverable from DOT on various account have been uploaded in Web based system and the same has been tallied with booked figure reflected in General ledger.
		K. Various deposits taken from the subscribers / other operators
	a	Whether there is any booking under the accode for "Before connection deposit". If so Whether all the details of such deposits are available in "Before connection deposit Register" and the entries in the Register are tallied with the booked figure as on 30.09.2009 and 31.03.2010.		"Before connection deposit" has been reconciled as on 30.09.2009.
	b	Whether before connection deposit reflected in concerned accode are tallied with the waiting list. If not Whether it has been reconciled and fully tallied with the booked figure before the close of the financial year.		Whether before connection deposit reflected in concerned accode are tallied with the waiting list. If not Whether it has been reconciled and fully tallied with the booked figure before the close of the financial year.
	c	Whether 'Register for after connection Deposit' is properly maintained. Whether entries in the 'After Connection Deposit' have been reconciled with the booked figure in General Ledger and difference if any between two sets of figure has been fully settled before the close of the financial year.		There is a difference in "After conncetion deposit"  as per register & general ledger
	d	Whether proper records are maintained in respect all other deposits (other than before connection and after connection deposit) taken from subscribers / other operators. Whether details of all such deposits as reflected in records are reconciled with trial balance and difference if any has been fully adjusted before close of the financial year.		Yes
	e	Whether liability for interest on subscribers deposit wherever applicable, has been created and accounted.		The liability for interest on subscribers deposit is not provided.
		L. EMD. SD taken from others and Bank guarantee taken by BSNL Units from others
	a	Whether proper sub-ledger / Register are maintained for keeping details of EMD & SD taken by BSNL Units.		Yes, proper sub-ledger / Register are maintained for keeping details of EMD & SD taken by BSNL Units.
	b	Whether the details of EMD & SD reflected in the EMD & SD register/sub-ledger are reconciled with the booked figure of EMD / SD reflected in the General Ledger and difference if any, has been settled.		Yes, the EMD & SD reflected in the EMD & SD register/sub-ledger are reconciled with the booked figure
	c	Whether EMD & SD are refunded promptly on fulfillment of all the terms and conditions related to it and same is noted in the EMD/SD Register.		Yes, the EMD & SD are refunded promptly on fulfillment of all the terms and conditions related to it and same is noted in the EMD/SD Register.
	d	Whether unclaimed EMD & SD have been adjusted as per instructions issued order.		No
	e	Whether register is maintained for bank guarantees taken by BSNL Units from others		Yes
	f	Whether details of bank guarantees taken by BSNL units are kept in the Register,		Yes
	g	Whether bank guarantees taken by BSNL units are released promptly on fulfillment of terms and conditions.		Whether on expiry of the bank guarantees the same are got renewed promptly wherever required as per terms and conditions.
	h	Whether on expiry of the bank guarantees the same are got renewed promptly wherever required as per terms and conditions.		Whether on expiry of the bank guarantees the same are got renewed promptly wherever required as per terms and conditions.
	i	Whether bank guarantees are encashed promptly as per terms and conditions related to such bank guarantees.		As informed to us, no such cases has been observed
		M. Sundry creditors & provisions
	a	Whether sub-ledger / Register for all types of creditors is maintained and all types of liabilities payable to the creditors such as vendors, suppliers, contractors, other operators, other service providers etc. are noted in the sub-ledger / Register.		Yes, sub-ledger / register for all types of creditors is maintained and all types of liabilities payable to the creditors such as vendors, suppliers, contractors, other operators, other service providers etc. are noted in the sub-ledger / Register.
	b	Whether sub-ledger / Register for all types of provisions created is maintained and details of all provisions are kept in the said sub-ledger/register		Yes, sub-ledger / Register for all types of provisions created is maintained and details of all provisions are kept in the said sub-ledger/register
	c	Whether payment disbursed subsequently are adjusted / debited to liabilities / provisions for creditors created earlier for the said purpose and not to expense head. Whether payment particulars are noted in sub-ledger/register for creditors/liabilities/provisions		Yes
	d	Whether details of creditors / liabilities / provisions reflected in the sub-ledger/Register are reconciled with the booked figure in General Ledger and difference if any has been settled.		Yes, details of creditors / liabilities / provisions reflected in the sub-ledger/Register are reconciled with the booked figure in General Ledger.
	e	Whether provision / liabilities found excess on review of the total liability / provision, actual requirement, payment made etc, are written back promptly and sundry creditors balance in general ledger and sub-ledger reflects actual requirement.		Yes provision / liabilities found excess on review of the total liability / provision, actual requirement, payment made etc, are written back promptly and sundry creditors balance in general ledger and sub-ledger reflects actual requirement.
		N. Payable to DOT / DOP
	a	Whether proper liability / provision is created for monthly payments towards pension contribution, leave salary contribution, loans & advances given by DOT, GPF contribution & recovery, CGEGIS recovery (in case of unabsorbed employees) and same are paid to DOT (CCA office) within due dates by affecting the liability / provision accode.		Yes, proper liability / provision is created for monthly payments towards pension contribution, leave salary contribution, loans & advances given by DOT, GPF contribution & recovery, CGEGIS recovery.
	b	Whether all the monthly schedules in respect of various payments to be made to CCA are tallied with monthly-booked figure in trial balance.		Yes, all the monthly schedules in respect of various payments to be made to CCA are tallied with monthly-booked figure in trial balance.
	c	Whether the closing balance under various liability accedes towards amount payable to DOT is reconciled at the close of financial year.		Not Applicable
	d	Check whetheTproper liability is created for quarterly license fee, USO levy & spectrum charges payable and same is disbursed within the stipulated time through provision head Salary & bills payable to employees		Not Applicable
	e	Whether sub-ledger / Register for all types of salary / bills payable to employees is maintained and all types of such liabilities payable are noted in the sub-ledger/ Register.		Not Applicable
	f	Whether payment disbursed subsequently are adjusted / debited to liabilities created earlier for the said purpose and not to expense head.		Not Applicable
	g	Whether payment particulars are noted in sub-ledger/register for the liabilities payable to employees.		Not Applicable
	h	Whether details of liabilities reflected in the sub-ledger/Register are totally reconciled with the booked figure in General Ledger and difference if any has been settled.		Not Applicable
		O. Salary & bills payable to employees
	a	Check Whether sub-ledger / Register for all types of salary / bills payable to employees is maintained and all types of such liabilities payable are noted in the sub-ledger/ Register.		Yes, sub-ledger / Register for all types of salary / bills payable to employees is maintained and all types of such liabilities payable are noted in the sub-ledger/ Register.
	b	Check Whether payment disbursed subsequently are adjusted / debited to liabilities created earlier for the said purpose and not to expense head.		Yes
	c	Check Whether payment particulars are noted in sub-ledger/register for the liabilities payable to employees.		Yes, payment particulars are noted in sub-ledger / register for the liabilities payable to employees.
	d	Check Whether details of liabilities reflected in the sub-ledger/Register are totally reconciled with the booked figure in General Ledger and difference if any has been settled.		Yes, details of liabilities reflected in the sub-ledger / Register are totally reconciled with the booked figure in General Ledger.
		P. Income / Revenue
	a	Whether in respect of disconnected telephone line revenue has accounted strictly as per rules and orders.		Yes
	b	Whether there are instances of delayed disconnection / permanent closure of telephones as per rule and what action has been taken by Management.		No such cases has been observed
	c	Review the cases of closed telephones and adjustment of deposits with a view to bring down the outstanding telephone revenue dues.		In respect of closed telephones and deposits amount is adjusted
	d	Whether reconciliation between telephone lines billed for and number of working connections as shown in MIS statements has been made.		Yes
	e	Whether proper action has been taken by Management to identify the customers in respect of all un-addressed bills in the time bound manner.		Yes, proper action has been taken by Management to identify the customers in respect of all un-addressed bills in the time bound manner.
	f	Whether there are instances of issuance of unaddressed bill in respect of same telephone number for consecutive two cycles and what corrective action Management has taken.	" M "	Yes, there are instances of issuance of unaddressed bill in respect of same telephone number for consecutive two cycles for details refer Annexure Attached
	g	Whether billing and realization has been made in respect of concessional telephone connection and other service telephone connection (beyond the concessional limit).		Yes
	h	Whether accrued revenue booked in previous financial year has been totally reversed at the beginning of the current financial year.		Yes accrued revenue booked in previous financial year has been totally reversed at the beginning of the current financial year.
	i	Whether income received in advance has been properly classified as revenue for current financial year and received in advance and accordingly booking has been made.		Yes, income received in advance has been properly classified as revenue for current financial year and received in advance and accordingly booking has been made.
	j	Whether out of the advance revenue reflected under concerned accode at the close of previous financial the portion related to current financial year has been recognized as income of the year.		Yes, advance revenue reflected under concerned accode at the close of previous financial the portion related to current financial year has been recognized as income of the year.
	k	Whether proper billing for circuits has been done and revenue has been recognized and realized from subscribers.		Yes, proper billing for circuits has been done and revenue has been recognized and realized from subscribers.
	l	Whether proper billing for infrastructures given to other telecom operators / others has been done and revenue has been recognized		Billing for Infrastructure given to telecom operators / others has been done at Circle Level.
	m	Whether proper billing for IUC has been done, income has been recognized and realized from other telecom operators.		Billing for IUC has been done at Circle Level.
	n	Whether IUC recoverable from MTNL has been recognized through NTR.		Not Applicable
	o	Whether share of revenue receivable from other ILD operators has been calculated properly and recognized.		Not Applicable
	p	Whether revenue from international roaming has correctly calculated and recognized.		Not Applicable
	q	Whether revenue from various value added service provided through channel partners are properly shared and recognized in BSNL books.		Not Applicable
	r	Whether accounting of revenue from the subscribers and sharing of revenue with empanelled franchisees / manufacturer as per Circular No. 113 dt. 30.11.2007 has been done.		Not Applicable
	s	Whether sale proceeds of customer premises equipment, data card etc. has been properly accounted as per instructions of Corporate Office.		Not Applicable
	t	Whether reimbursement from USO Fund has been properly accounted as instructions of Corporate Office.		Not Applicable, since the same is dealt at Circle Level
	u	Whether reimbursement of expense from USPs in respect of USO infrastructure has been properly accounted as per instructions of Corporate Office.		Not Applicable, since the same is dealt at Circle Level
	v	Whether'reimbursement of subsidy from USO Administrator for USO Infrastructure has been correctly recognized.		Not Applicable, since the same is dealt at Circle Level
	w	Whether fixed charges recoverable from USPs for USO Infrastructure have been correctly recognized.		Not Applicable, since the same is dealt at Circle Level
	x	Whether income for services provided to MTNL (other than IUC) has been recognized as per order of Corporate Office.		Not Applicable, since the same is dealt at Circle Level
	y	Whether net revenue has been booked wherever agreement with franchisees, channel partners, DSA, PCO holder is on 'principal to principal' basis.		Not Applicable
	z	Whether accrued revenue has been calculated and recognized strictly on actual basis (i.e. fixed charges, usage charges & other charges for the period not billed for up to 31st March) and not on the basis of estimation.		Yes, accrued revenue has been calculated and recognized strictly on actual basis and not on the basis of estimation.
	aa	Whether revenue meant for the financial year has been accounted as income in the said year and no excess revenue has been accounted and no revenue has been left to be accounted.		Yes
	ab	Whether revenue has been booked to correct head of account.		Yes, the revenue has been booked to correct head of account.
	ac	Whether the revenue generation and recognition throughout the year is more or less uniform and not concentrated on the last few months.		Yes, the revenue generation and recognition throughout the year is more or less uniform and not concentrated on the last few months.
	ad	Whether inter-segment income has been properly accounted and corresponding contra entry is made in other segment towards segment expenditure and there is no difference between inter-segment income recognized in one segment & corresponding booking of inter-segment expenditure in other segment.		Yes
	ae	Whether income from services given to DOP and other infrastructure of BSNL used by DOP has been recognized.		Yes
	af	Whether all sorts of other income have been correctly recognized.		Yes
	ag	Conduct audit of revenue billing packages of the SSA / Unit.		found satisfactory
		R. Expenses
	a	Whether proper liability has been created immediately in respect of all sorts of services availed, material / stores received against purchase order up to the close of the financial year and subsequent payment is adjusted against the said liability / provision.		Yes, proper liability has been created immediately in respect of all sorts of services availed, material / stores received against purchase order up to the close of the financial year and subsequent payment is adjusted against the said liability / provision.
	b	Whether liability has been created for license fee, USO levy, and spectrum charges by operating accedes under 120 & 420 schedules and expenditure accedes under 171 & 471 schedules and the actual payment is routed through provision accode.		Not Applicable
	c	Whether proper liability has been created in respect of pay & allowances of staff, pension contribution, leave salary contribution (for unabsorbed staff), employer's contribution & administrative charges towards EPF up to close of financial year and subsequent payment is adjusted against the liability.		Yes, payments are adjusted against the liability
	d	Whether IUC payable to MTNL has been recognized through NTR.		Not Applicable
	e	Whether proper liability has been created in respect of international roaming charges payable to other Operators up to the close of the financial year and actual payment is adjusted against the liability.		Not Applicable
	f	Whether proper liability has been created in respect of ILD charges payable to other ILD operators up to the close of the financial year and actual payment is adjusted against the liability.		Not Applicable
	g	Whether proper liability has been created in respect of charges for infrastructure / USO infrastructure taken from other operators up to the close of the financial year and actual payment is adjusted against the liability.		Not Applicable
	h	Whether liability for discount & commission wherever payable as per agreement and order of Corporate office to franchisees / retailers / post offices etc. has been and subsequent payment is adjusted against the liability.		Yes
	i	Whether proper liability has been created for works performed by contractor up the close of financial year and subsequent payment is adjusted against the liability.		Not Applicable
	j	Whether proper liability has been created towards payments to be made to OOP on account of services and infrastructure provided by OOP.		Not Applicable
	k	Whether liability has been created towards payments to SAARC countries.		Not Applicable
	l	Whether there is no lapses in creating the liability for services availed and material / stores received up to the close of financial year so that prior period booking is totally avoided.		Not Applicable
	m	Whether all sorts of expenses have been incurred on the basis of approval accorded by competent authority.		Yes
	n	Whether expenditure has been incurred against the budget allotment and variation has been covered by supplementary allotment.		Yes, expenditure has been incurred against the budget allotment.
	o	Whether procurement of services and material has been done through tendering system approved by the Management.		Yes
	r	Check from proprietary angle the rehabilitation and up gradation works right from the inception to completion and physical retrieval of dismantled materials, accounting the net depreciated value to concerned accode in the Books and disposal of such items as per rules.		There are huge items in Stores which are dismantled but not surveyed off and accounted
	w	Whether Inter-segment expenditure is properly accounted and corresponding contra entry is made in other segment towards segment income.		Inter-segment expenditure is properly accounted and corresponding contra entry is made in other segment towards segment income.
		S. Intra & Inter Circle Remittance
	a	Whether ATD/ATC is raised immediately after the remittance transaction (intra and inter both for Basic & CMTS / inter-segment) has taken place and the same is reflected in Trial Balance of the month in which the transaction has occurred as well as the same are uploaded in IBTMS package duly reconciled with booked figure.		Yes, ATD/ATC is raised immediately after the remittance transaction (intra and inter both for Basic & CMTS / inter-segment) has taken place and the same is reflected in Trial Balance of the month in which the transaction has occurred as well as the same are uploaded in IBTMS package duly reconciled with booked figure.
	b	Whether ATD/ATC is accepted immediately on receipt and accounted in the trial balance as well as uploaded in IBTMS package.	" N ", " O " &    " P "	No, in ceratin cases we have observed that ATD is accepted immediately on receipt but not accounted in the trial balance for details refer Annexure Attached
	c	Whether in case of transfer of staff ATD/ATC for the outstanding loans and advances (excluding those given by DOT) is sent along with the LPC and the same is accounted in the trial balance of same month as well as uploaded to IBTMS Package.		No, in case of transfer of staff ATD/ATC for the outstanding loans and advances is not accounted
	d	Whether there are instances of delay in raising as well as acceptance of ATD / ATC particularly for completed projects and what corrective steps have been taken by the Management.		No, there are no delays in raising as well as acceptance of ATD / ATC particularly for completed projects.
		T. Payment to Central Excise & other Departments
	a	Whether-payment of Service Tax & other Central Excise payment has been made through E-payment facility wherever it is mandatory.	" Q "	Yes, payment of Service Tax has been made through E-payment facility.
	b	Check Whether units are remitting the service tax to Central Excise Department within the stipulated dates.		Yes, units are remitting the service tax to Central Excise Department within the stipulated dates but in certain cases we have observed that excess / short payment of service tax.
	c	Check Whether TDS are correctly deducted and remitted to the tax authorities within due date.	" R "	Yes, TDS are correctly deducted and remitted to the tax authorities within due date.
	d	Check Whether credit for Service Tax, Excise duty etc. on capital goods, inputs & input services is availed wherever applicable as per CENVAT credits Rules, The Internal Auditors will also provide the necessary forms and assist in maintenance of all documents and registers connected with CENVAT. They should also impart necessary training to the staff/officers dealing with Service Tax / CENVAT matters.		Yes, credit for Service Tax, Excise duty etc. on capital goods, inputs & input services is availed wherever applicable. But Cenvat Credit is utilised only to the extent of 20%.
	e	Check Whether TDS certificate in respect of TDS deducted by paying authority of BSNL are issued promptly within the prescribed time limit.		Not Applicable, since the TDS certificates will be issued at year end.
	f	Check Whether Service Tax Returns, TDS returns etc has been filed within due dates.		TDS Return for the Qtr ended Dec'09 not yet submitted
	g	Check Whether the amount of TDS deducted by the other parties from BSNL's claim has been properly accounted under relevant account head and are tallied with the TDS certificates obtained. Also verify Whether in such cases gross amount have been booked under the income head and the TDS under the heads mentioned above.		Not Applicable
	h	Check Whether TDS Certificates are sent to Corporate Accounts Section of Corporate Office timely.		Not Applicable
	i	Check Whether information regarding wealth tax is sent to Corporate Office.		Not Applicable
	j	Check Whether the Units have complied with the provisions Income Tax Laws / CENVAT Rules /Service Tax etc.		Yes, the Units have complied with the provisions Income Tax Laws / CENVAT Rules /Service Tax etc.
	k	Check Whether employer's contribution to EPF and administrative charges and employees contribution are remitted timely to EPFO and monthly returns as well as annual returns are submitted.		Yes, employer's contribution to EPF and administrative charges and employees contribution are remitted timely to EPFO and monthly returns are submitted.
	l	Check Whether reconciliation of Service Tax Recoverable and Service Tax Payable has been carried out.		Yes
		V. Checking of trial balance
	a	Check that un-authorized accedes are not used by the accounting units.		No such cases has been observed
	b	Check all the adverse balance as well as set right the same wherever required.		Yes
	c	Check Whether opening balance intimated by Corporate Office/Circle office has been properly incorporated in the Trial Balance.		Yes, opening balance intimated by Corporate Office/Circle office has been properly incorporated in the Trial Balance.
	d	Check the reconciliation of trial balance with the schedule figures in respect of loans & advances, GPF, Pension / leave salary contribution and other items in two phases one from April-09 to Sept-09 in the first phase and from Oct-09 to Mar-10 in the second phase, before 15-4-2010		Yes, reconciliation of trial balance with the schedule figures in respect of loans & advances, GPF, Pension / leave salary contribution and other items has been done.