Regulation 32 — REGULATIONS_AUDIT

Broad framework of Audit of Receipts 32. Audit of receipts includes an examination of the systems, rules and procedures and their efficacy in respect of:

(1) Assessment, collection and allocation of revenue by the tax department; (2) Identification of potential tax assesses, ensuring compliance with laws as well as detection and prevention of tax evasion; (3) Pursuit of claims with due diligence and that these are not abandoned or reduced except with adequate justification and proper authority; (4) Prompt investigation of losses of revenue through fraud, default or mistake including, if required, through the review of other similar cases; (5) Exercise of discretionary powers in an appropriate manner including levy of penalties and initiation of prosecution; (6) Appropriate action to safeguard the interests of the Government on the orders passed by departmental appellate authorities; (7) Any scheme as may be introduced by the Government from time to time; (8) Any measures introduced to strengthen or improve revenue administration;

(9) Amounts that may have fallen into arrears, maintenance of records of arrears and action taken for the recovery of the amounts in arrears; (10) Other ancillary and non-assessment functions including expenditure incurred by the departments; (11) Achievement of targets, accounting and reporting of receipts and their cross verification and reconciliation with the accounts records; (12). Amounts of refunds, rebates, drawbacks, remissions and abatements to see that these are correctly assessed and accounted for; (13) Use of information driven approach for improving tax compliance and effective utilisation of information in tax administration; (14) The grievance redressal machinery/ mechanism in place within the department for resolution of taxpayer grievances and complaints; (15) Requisite checks on assessment, realization, collection, recovery etc in respect of non-tax revenue; and (16) Any other matter, as may be determined by the Comptroller and Auditor General.

Access to IT systems and specific documents and records in relation to audit of expenditure and receipts