Para 2.3.1 — MSO (Audit)
Original Rule Text
2.3.1 Section 16 of the Comptroller and Auditor General’s (Duties, Powers and Conditions of Service) Act, 1971, enjoins upon the Comptroller and Auditor General the duty of auditing all receipts which are payable into the Consolidated Fund of the Union and of each State and Union Territory having a Legislative Assembly.
# Audit Objectives and Scope
What This Means
Under Section 16 of the CAG's Act of 1971, the Comptroller and Auditor General has a statutory duty to audit all receipts payable into the Consolidated Fund. This covers the Consolidated Fund of the Union (central government), each State, and every Union Territory that has a Legislative Assembly. This is the legal foundation for the CAG's authority to audit government revenue collections.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Section 16 of the CAG Act 1971 mandates audit of all receipts
- 2Covers receipts into Consolidated Fund of India, States, and UTs with legislatures
- 3This is the statutory basis for revenue audit
- 4Applies to all types of receipts payable to the Consolidated Fund
Practical Example
The state of Tamil Nadu collects revenue from stamp duty, motor vehicle tax, and mining royalties, all of which are credited to the State's Consolidated Fund. Under this mandate, the AG Tamil Nadu has the statutory duty to audit whether these receipts are being properly assessed, collected, and accounted for.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
What is the Consolidated Fund?▼
Does this cover UTs without a Legislative Assembly?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.