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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Circular Demands Timely Revenue Reconciliation and Verification to Prevent Fraud; CAOs and PAOs Must Adhere to New Procedures.</h1> The circular addresses issues related to non-verification and non-reconciliation of revenue receipts by Chief Accounting Officers (CAOs), highlighting system defects. It mandates strict adherence to deadlines for submitting and verifying revenue statements and PLAs, emphasizing timely reconciliation to prevent fraud and inaccuracies in revenue reporting. The circular outlines procedures for CAOs and Pay & Accounts Officers (PAOs) to ensure proper accounting, including using computers for monitoring where possible. Collectors are tasked with overseeing progress, and training is recommended for relevant staff. Non-compliance and delays must be reported to higher authorities, with reconciliation to be completed within six months.
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