Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
Sr. No Activity Risk Audit Steps
• Less deduction of TDS for Government
servants and consequent penal liability
justify the TDS deducted for various government servants
• Obtain Investment proofs of employees from DDO on a sample basis and
check the correctness of calculation of TDS
• Verify that investment proofs are submitted to DDO before disbursement of
salary for the month of February
• Verify whether the Drawing and Disbursing officer checks actual deposits/
subscriptions / payments made by the employees, by calling for such
particulars/ information as he deems necessary before allowing the
aforesaid deductions
• Verify whether tax is properly deducted on interest payment as per I.Tax
Act,1961
• Verify whether the exemption certificate has been taken before deducting
lower tax as per the prescribed rate
17 Defalcation and losses
(Refer Para 82 of Volume V,
Part I of Financial Handbook)
• Unaccounted losses
• Non adherence to set policies and
procedures
• Obtain a list of all the losses and defalcation during the audit period
• Verify whether all such cases are reported to the appropriate authority
• Calculate the delay in reporting such issues
• Verify whether any investigation is done, for the defalcations and losses
and give details of findings
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