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Union of India - Act

Unique Identification Authority of India (Form of Annual Statement of Accounts) Rules, 2018

UNION OF INDIA
India

Unique Identification Authority of India (Form of Annual Statement of Accounts) Rules, 2018

Rule UNIQUE-IDENTIFICATION-AUTHORITY-OF-INDIA-FORM-OF-ANNUAL-STATEMENT-OF-ACCOUNTS-RULES-2018 of 2018

Published on 13 September 2018
Commenced on 13 September 2018
[This is the version of this document from 13 September 2018.]
[Note: The original publication document is not available and this content could not be verified.]

Unique Identification Authority of India (Form of Annual Statement of Accounts) Rules, 2018Published vide Notification No. G.S.R. 1135(E), dated 13.9.2018G.S.R. 1135(E). - In exercise of the powers conferred by clause (e) of sub-section (2) of section 53 read with sub-section (1) of section 26 of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 (18 of 2016), the Central Government, in consultation with the Comptroller and Auditor-General of India, hereby makes the following rules, namely: -

1. Short title and commencement.

(1)These rules may be called the Unique Identification Authority of India (Form of Annual Statement of Accounts) Rules, 2018.

(2)They shall come into force on the date of their publication in the Official Gazette.

2. Definitions.

(1)In these rules, unless the context otherwise requires, -

(a)"Act" means the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 (18 of 2016);

(b)"Form" means Form annexed to these rules;

(c)"Schedule" means the Schedule annexed to these rules;

(2)Words and expressions used and not defined in these rules, but defined in the Act shall have the meanings respectively assigned to them in the Act.

3. Annual statement of accounts and other relevant records.

(1)At the expiration of a period of twelve months ending with the 31st March of every year, the Authority shall prepare its annual statement of accounts and records in Form 'A', Form 'B' and Form 'C' and the Schedules annexed to these rules.

(2)The approved statement of accounts of the Authority shall be forwarded by the Authority to the Comptroller and Auditor General of India or any other person appointed by him on his behalf within three months after the expiry of the year for the purposes of audit.

(3)The annual statement of accounts of the Authority, as certified by the Comptroller and Auditor General of India or any other person appointed by him on his behalf, together with the audit report thereon after adoption by the Authority shall be forwarded to the Central Government for laying before both the Houses of Parliament.

4. Maintenance of accounts, etc.

- The Authority shall preserve the Balance-Sheet, the Income and Expenditure Account and the Receipt and Payment Account referred to in sub-rule (1) of rule 3, for a period of five years following the financial year to which they relate.Form A[See rule 3 (1)]Unique Identification Authority of IndiaBalance Sheet as at 31st March 20__(Amount in L )

		Schedule	Current Year	Previous Year
(1)	(2)	(3)	(4)	(5)
	Corpus/ Capital Fund and Liabilities
1.	Corpus/ Capital Fund	1
2.	Reserves and Surplus	2
3.	Earmarked/ Endowment Funds	3
4.	Secured Loans and Borrowings	4
5.	Unsecured Loans and Borrowings	5
6.	Deferred Credit Liabilities	6
7.	Current Liabilities and Provisions	7
	Total
	Assets
1.	Fixed Assets	8
2.	Investments - from Earmarked/Endowment Funds	9
3.	Investments-Others	10
4.	Current Assets, Loans, Advances etc.	11
5.	MiscellaneousExpenditure(to the extent not written off or adjusted)
	Total
	Significant Accounting Policies	25
	Contingent Liabilities and Notes on Accounts	26

Note : - All Schedules to Balance Sheet shall form part of Account.Form B[See rule 3 (1)]Unique Identification Authority of IndiaIncome and Expenditure Account for the year ended at 31st March 20__(Amount in L )

		Schedule	Current Year	Previous Year
(1)	(2)	(3)	(4)	(5)
	Income
1.	Income from Services	12
2.	Grants/Subsidies	13
3.	Fees/Subscriptions	14
4.	Income from Investments (Income on Invest, fromearmarked/endowment Funds transferred to Funds)	15
5.	Income from Royalty, Publications etc	16
6.	Interest Earned	17
7.	Other Income	18
	Increase/(decrease) in stock of Finished goodsand works-in-progress	19
	Total (A)
	Expenditure
1.	Establishment Expenses	20
2.	Other Administrative Expenses etc.	21
3.	Operational Expenses	22
4.	Expenditure on Grants, Subsidies etc.	23
5.	Interest	24
6.	Depreciation (Net Total at the year-end -corresponding to Schedule 8)
	Total (B)
	Balance beingexcess of Income over Expenditure (A-B)Transfer to SpecialReserve (Specify each)Transfer to / from General Reserve
	Balance Being Surplus/(Deficit) Carried ToCorpus/ Capital Fund
	Significant Accounting Policies	25
	Contingent Liabilities and Notes on Accounts	26

Note : - All Schedules to Income and Expenditure Account shall form part of Account.Form C[See rule 3 (1)]Unique Identification Authority of IndiaReceipt and Payment Account for the year ended at 31st March 20__(Amount in L )

		Current Year	Previous Year
(1)	(2)	(3)	(4)
	Receipts
1.	Opening Balances
a.	Cash in Hand
b.	Bank Balance
i.	In Current Accounts
ii.	In Deposit Accounts
iii.	Saving Accounts
2.	Grants/ Subsidies Received
a.	From Government of India
i.	Grants-in-aid: General
ii.	Grants-in-aid: Salaries
iii.	Grants-in-aid: Capital
b.	From State Government
c.	From Other Sources (Details) (Grants for Capitaland Revenue Expenditure to be shown separately)
3.	Income from Services
4.	Income from Investment
a.	Earmarked/Endowment Funds
b.	Own Funds (Other investments)
5.	Interest Received
a.	On Bank deposits
b.	Loans, advances etc.
c.	Others
6.	Other Income (Specify)
7.	Amount Borrowed
8.	Other receipts (give details)
a.	NPS
b.	Leave Salary Pension Contribution
c.	Security/ Earnest money deposit
d.	Refund of advances
i.	HBA
ii.	Car Advance
iii.	Motor Cycle/Scooter Advance
iv.	Computer Advance
v.	Other Advances
e.	Income Tax
f.	Service Tax
g.	Miscellaneous Receipts
	Total
	Payments
1.	Establishment expenses (corresponding toSchedule 18)
2.	Other Administrative Expenses (Corresponding toSchedule 19)
3.	Operational Expenses (Corresponding to Schedule22)
4.	Payment made against funds for various projects(Name of the fund or project should be shown along with theparticulars of payment made for each project
5.	Investments and Deposits Made
a.	Out of Earmarked /Endowment funds
b.	Out of own Funds (Investment-others)
6.	Expenditure on Fixed Assets & CapitalWork-in-Progress
a.	Purchase of fixed Assets
b.	Expenditure on Capital Work-in-progress
7.	Refund of surplus money/Loans
a.	To the Government of India
b.	To the State Government
c.	To other providers of funds
8.	Finance Charges (Interest)
9.	Other Payments (Specify)
a.	NPS
b.	Leave Salary Pension Contribution
c.	Security/ Earnest money deposit
d.	Advances
i.	HBA
ii.	Car Advance
iii.	Motor Cycle/Scooter Advance
iv.	Computer Advance
v.	Other Advances
e.	Income Tax
f.	Service Tax
g.	Miscellaneous Payments
10.	Closing Balances
a.	Cash in Hand
b.	Bank Balances
i.	In Current Accounts
ii.	In Deposit Accounts
iii.	Savings Accounts
	Total

Schedule 1

[See Form A]Unique Identification Authority of IndiaCorpus/Capital FundForming part of Balance Sheet as at 31st March 20___(Amount in L )

Particulars	Current Year	Previous Year
(1)	(2)	(3)
Balance as at the beginning of the year
Add : Contributions towards Corpus/Capital Fund
Add/ (Deduct) : Balance of netincome/(expenditure) transferred from the Income and ExpenditureAccount
Balance As At The Year - End

Schedule 2

[See Form A]Unique Identification Authority of IndiaReserves and SurplusForming part of Balance Sheet as at 31st March 20___(Amount in L )

	Particulars	Current Year	Previous Year
(1)	(2)	(3)	(4)
1.	Capital Reserve
As per last Account
Addition during the year
Less : Deductions during the year
2.	Revaluation Reserve
As per last Account
Addition during the year
Less : Deductions during the year
3.	Special Reserves
As per last Account
Addition during the year
Less : Deductions during the year
4.	General Reserve
As per last Account
Addition during the year
Less : Deductions during the year
	Total

Schedule 3

[See Form A]Unique Identification Authority of IndiaEarmarked/Endowment FundsForming part of Balance Sheet as at 31st March 20___(Amount in L )

	Particulars	Fund-Wise Break Up	Total
Fund WW	Fund XX	Fund YY	Fund ZZ	Current Year	Previous Year
(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)
1.	Opening balance of the funds
2.	Additions to the Funds
a.	Donations/grants
b.	Income from Investments made on account of funds
c.	Other additions (specify nature)
	Total (1+2)
3.	Utilization/Expenditure towards objectives offunds
a.	Capital Expenditure
i.	Fixed Assets
ii.	Others
	Total
b.	Revenue Expenditure
i.	Salaries, Wages and allowance etc
ii.	Rent
iii.	Other Administrative expenses
	Total
	Total (3)
	Net Balance as at the Year-end (1 + 2 -3)
	Notes1) Disclosure shall be made under relevant heads based onconditions attaching to the grants.2) Plan Funds received from the Central/State Governments are tobe shown as separate Funds and not to be mixed up with any otherFunds.

Schedule 4

[See Form A]Unique Identification Authority of IndiaSecured Loans and BorrowingsForming part of Balance Sheet as at 31st March 20___(Amount in L )

	Particulars	Current Year	Previous Year
(1)	(2)	(3)	(4)
1.	Central Government
2.	State Government (Specify)
3.	Financial Institutions
a.	Term Loans
	Interest accrued and due
4.	Banks:
a.	Term Loans
	Interest accrued and due
b.	Other Loans (specify)
	Interest accrued and due
5.	Other Institutions and Agencies
6.	Debentures and Bonds
7.	Others (Specify)
	Total
	Note:Amount due within one year

Schedule 5

[See Form A]Unique Identification Authority of IndiaUnsecured Loans and BorrowingsForming part of Balance Sheet as at 31st March 20___(Amount in L )

	Particulars	Current Year	Previous Year
(1)	(2)	(3)	(4)
1.	Central Government
2.	State Government (Specify)
3.	Financial Institutions
a.	Term Loans
	Interest accrued and due
4.	Banks:
a.	Term Loans
	Interest accrued and due
b.	Other Loans (specify)
	Interest accrued and due
5.	Other Institutions and Agencies
6.	Debentures and Bonds
7.	Fixed Deposits
8.	Others (Specify)
	Total
	Note:Amount due within one year

Schedule 6

[See Form A]Unique Identification Authority of IndiaDeferred Credit LiabilitiesForming part of Balance Sheet as at 31st March 20___(Amount in L )

	Particulars	Current Year	Previous Year
(1)	(2)	(3)	(4)
1.	Acceptances secured by hypothecation of capitalequipment and other assets
2.	Others
	Total
	Note:Amount due within one year

Schedule 7

[See Form A]Unique Identification Authority of IndiaCurrent Liabilities and ProvisionsForming part of Balance Sheet as at 31st March 20___(Amount in L )

	Particulars	Current Year	Previous Year
(1)	(2)	(3)	(4)
	Current Liabilities
1.	Acceptances
2.	Sundry Creditors
a.	For Goods
b.	Others
3.	Advances Received
4.	Interest accrued but not due on:
a.	Secured Loans/borrowings
b.	Unsecured Loans/borrowings
5.	Statutory Liabilities
a.	Overdue
b.	Others
6.	Other current Liabilities
	Total (A)
	Provisions
1.	For Taxation
2.	Gratuity
3.	Superannuation/Pension contribution
4.	Accumulated Leave Encashment
5.	Trade Warranties/Claims
6.	Leave salary payable
7.	Others (Specify)
	Total (B)
	Total (A+B)

Schedule 8

[See Form A]Unique Identification Authority of IndiaFixed AssetsForming part of Balance Sheet as at 31st March 20___(Amount in L )

		Gross Block	Depreciation	Net Block
	Particulars	Cost/ valuation as at beginning of the year	Additions during the year	Deductions during the year	Cost/ valuation at the year-end	As at the beginning of the year	On Additions during the year	On Deductions during the year	Total up to the Year-end	As at the Current year-end	As at the Previous year-end
(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)	(11)	(12)
	Fixed Assets
1.	Land
a.	Freehold
b.	Leasehold
2.	Office Buildings and Data Centre:
a.	On Freehold Land
b.	On Leasehold Land
c.	Ownership Flats/ Premises
d.	Superstructures on Land not belonging to theentity
3.	Plant Machinery & Equipment
a.	Technology infrastructure
b.	UBCC Infrastructure
c.	Information Technology
4.	Vehicles
5.	Furniture and Fixtures
6.	Office Equipment
7.	Computer/Periphera ls
8.	Electric Installations
9.	Library Books
10.	Other fixed assets
	Total of current year
	Previous year
	Capital work-in progress
	Total
	(Note to be given as to cost of assets onhire purchase basis included above)

Schedule 9

[See Form A]Unique Identification Authority of IndiaInvestments from Earmarked/Endowment FundsForming part of Balance Sheet as at 31st March 20___(Amount in L )

	Particulars	Current Year	Previous Year
(1)	(2)	(3)	(4)
1.	Government Securities
2.	Other approved Securities
3.	Shares
4.	Debentures and Bonds
5.	Subsidiaries and Joint Ventures
6.	Others (to be specified)
	Total

Schedule 10

[See Form A]Unique Identification Authority of IndiaInvestments - OthersForming part of Balance Sheet as at 31st March 20___(Amount in L )

	Particulars	Current Year	Previous Year
(1)	(2)	(3)	(4)
1.	Government Securities
2.	Other approved Securities
3.	Shares
4.	Debentures and Bonds
5.	Subsidiaries and Joint Ventures
6.	Others (to be specified)
	Total

Schedule 11

[See Form A]Unique Identification Authority of IndiaCurrent Assets, Loans Advances etcForming part of Balance Sheet as at 31st March 20___(Amount in L )

	Particulars	Current Year	Previous Year
(1)	(2)	(3)	(4)
A.	Current Assets
1.	Inventories
a.	Stores and Spares
b.	Loose Tools
c.	Stock-in-trade
i.	Finished Goods
ii.	Work-in-progress
iii.	Raw Materials
2.	Sundry Debtors
a.	Debts Outstanding for a period exceeding sixmonths
b.	Others
3.	Cash in hand (including cheques/drafts andimprest)
4.	Bank Balances
a.	With Scheduled Banks
i.	On Current Accounts
ii.	On Deposit Accounts(includes margin money)
iii.	On Savings Accounts
b.	With non-scheduled Banks
i.	On Current Accounts
ii.	On Deposit Accounts
iii.	On Savings Accounts
5.	Post Office-Savings Accounts
6.	Others
	Total (A)
B.	Loans, Advances and Other Assets
1.	Loans
a.	Staff
b.	Other Entities engaged in activities/objectivessimilar to that of the Entity
c.	Other (specify)
2.	Advances and other amounts recoverable incash or in kind or for value to be received
a.	On Capital Account
b.	Prepayments
c.	Security Deposits
d.	Others
3.	Income Accrued
a.	On Investments from Earmarked/Endowment Funds
b.	On Investments - Others
c.	On Loans and Advances
d.	Others (includes income dueunrealized-Rs.......)
4.	Claims Receivable
	Total (B)
	Total (A+B)

Schedule 12

[See Form B]Unique Identification Authority of IndiaIncome from ServicesForming part of Income and Expenditure Account for the year ended at 31st March 20___(Amount in L )

	Particulars	Current Year	Previous Year
(1)	(2)	(3)	(4)
1.	Authentication services
2.	Enrollment services
3.	Others (Specify)
	Total

Schedule 13

[See Form B]Unique Identification Authority of IndiaGrants/Subsidies(Irrevocable Grants & Subsidies Received)Forming part of Income and Expenditure Account for the year ended at 31st March 20___(Amount in L )

	Particulars	Current Year	Previous Year
(1)	(2)	(3)	(4)
1.	Central Government
2.	State Governments(s)
3.	Government Agencies
4.	Institutions/Welfare Bodies
5.	International Organisations
6.	Others (Specify)
	Total

Schedule 14

[See Form B]Unique Identification Authority of IndiaFees/SubscriptionsForming part of Income and Expenditure Account for the year ended at 31st March 20___(Amount in L )

	Particulars	Current Year	Previous Year
(1)	(2)	(3)	(4)
1.	Entrance Fee
2.	Annual Fee/Subscription
3.	Seminar/Program Fee
4.	Professional/Consultancy Services
5.	License Fee
6.	Others (Specify)
	Total

Schedule 15

[See Form B]Unique Identification Authority of IndiaIncome from Investments(Income on Invest from Earmarked/Endowment Funds transferred to Funds)Forming part of Income and Expenditure Account for the year ended at 31st March 20___(Amount in L )

	Particulars	Investment fromEarmarked Fund	Investment - Others
Current Year	Previous Year	Current Year	Previous Year
(1)	(2)	(3)	(4)	(5)	(6)
1.	Interest
a.	On Govt. Securities
b.	Other Bonds/Debentures
c.	Others
2.	Dividends:
a.	On Shares
b.	On Mutual Funds Securities
c.	Others (Specify)
	Total
	Transferred To Earmarked/ Endowment Funds

Schedule 16

[See Form B]Unique Identification Authority of IndiaIncome from Royalty, Publications etcForming part of Income and Expenditure Account for the year ended at 31st March 20___(Amount in L )

	Particulars	Current Year	Previous Year
(1)	(2)	(3)	(4)
1.	Income from Royalty
2.	Income from Publications
3.	Others (specify)
	Total

Schedule 17

[See Form B]Unique Identification Authority of IndiaInterest EarnedForming part of Income and Expenditure Account for the year ended at 31st March 20___(Amount in L )

	Particulars	Current Year	Previous Year
(1)	(2)	(3)	(4)
1.	On Term Deposits
a.	With Scheduled Banks
b.	With Non-Scheduled Banks
c.	With Institutions
d.	Others
2.	On Savings Accounts
a.	With Scheduled Banks
b.	With Non-Scheduled Banks
c.	Post Office Savings Accounts
d.	Others
3.	On Loans
a.	Employees/Staff
b.	Others
4.	Interest on Debtors and Others Receivables
	Total
	Note- Tax deducted at source to beindicated

Schedule 18

[See Form B]Unique Identification Authority of IndiaOther IncomeForming part of Income and Expenditure Account for the year ended at 31st March 20___(Amount in L )

	Particulars	Current Year	Previous Year
(1)	(2)	(3)	(4)
1.	Profit on Sale/disposal of Assets:
a.	Owned assets
b.	Assets acquired out of grants, or received freeof cost
2.	Liquidated damages, penalty realized
3.	Fees for Miscellaneous Services
4.	Rent
5.	Miscellaneous Income
	Total

Schedule 19

[See Form B]Unique Identification Authority of IndiaIncrease/(decrease) in Stock of Finished Goods and work-in-progressForming part of Income and Expenditure Account for the year ended at 31st March 20___(Amount in L )

	Particulars	Current Year	Previous Year
(1)	(2)	(3)	(4)
1.	Closing Stock
a.	Finished Goods
b.	Work-in-progress
2.	Less Opening Stock
a.	Finished Goods
b.	Work-in-progress
	Net Increase/(Decrease) [1-2]

Schedule 20

[See Form B]Unique Identification Authority of IndiaEstablishment ExpensesForming part of Income and Expenditure Account for the year ended at 31st March 20___(Amount in L )

	Particulars	Current Year	Previous Year
(1)	(2)	(3)	(4)
1.	Salaries and Wages
2.	Overtime Allowance
3.	Allowances and Bonus
4.	Medical Treatment
5.	Tuition fee reimbursement
6.	Domestic Travel Expenses
7.	Foreign Travel Expenses
8.	Contribution to NPS
9.	Contribution to Gratuity Fund
10.	Leave Salary Pension Contribution
11.	Expenses on Employees' Retirement and TerminalBenefits
12.	Contribution to Other Fund (specify)
13.	Staff Welfare Expenses
14.	Other (Specify)
	Total

Schedule 21

[See Form B]Unique Identification Authority of IndiaOther Administrative Expenses etc.Forming part of Income and Expenditure Account for the year ended at 31st March 20___(Amount in L )

	Particulars	Current Year	Previous Year
(1)	(2)	(3)	(4)
1.	Purchase
2.	Labour and Processing Expenses
3.	Cartage and Carriage Inwards
4.	Electricity and Power
5.	Water Charges
6.	Insurance
7.	Repairs and Maintenance
8.	Excise Duty
9.	Rent, Rates and Taxes
10.	Vehicles Running and Maintenance
11.	Postage, Telephone and Communication Charges
12.	Printing and Stationary
13.	Travelling and Conveyance Expenses
14.	Expenses on Seminar/Workshops
15.	Subscription Expenses
16.	Expenses on Fees
17.	Auditors Remuneration
18.	Hospitality Expenses
19.	Professional Charges
20.	Books and Periodicals
21.	Recruitment Expenses
22.	Provision for Bad and Doubtful Debts/Advances
23.	Irrecoverable Balances Written-off
24.	Packing Charges
25.	Freight and Forwarding Expenses
26.	Distribution Expenses
27.	Advertisement and Publicity
28.	Legal Charges
29.	Payment to Contractual Staff (MTOs, Office Boys,etc.)
30.	Others (specify)
	Total

Schedule 22

[See Form B]Unique Identification Authority of IndiaOperational ExpensesForming part of Income and Expenditure Account for the year ended at 31st March 20___(Amount in L )

	Particulars	Current Year	Previous Year
(1)	(2)	(3)	(4)
1.	Enrollment, Authentication and Updation.
a.	Assistance to Registrars
b.	Quality Controls (Pre-ABIS)
c.	Advertisement and Publicity
d.	Other Charges
2.	Technology Operations
a.	Office Expenses
b.	Rent, Rates & Taxes
c.	Professional Services/Managed Service ProviderCost
3.	Logistics and Other Communication
a.	Printing Cost
b.	Dispatch Cost
c.	TFN/Contact Centre Cost
d.	Grievance Handling Operators
e.	Other Charges
4.	Aadhaar Enabled Applications
a.	ICT Assistance to States/UTs
b.	Micro ATM Assistance
c.	Development of Aadhaar based Applications
d.	AEA/ State Resource Person
e.	Other Charges
5.	Other Support Operations
a.	D. M. S.
b.	D. M. S. - QC
c.	GRCP
d.	Training & Testing/ Certification
6.	UBCC Operations
a.	OE
b.	OAE
c.	Grants in Aid
7.	Physical Security
a.	Salaries
b.	Office Expenses
c.	Rent, Rates & Taxes
d.	Other Charges
8.	Information Technology
a.	Office Expenses
b.	Rent, Rates & Taxes
c.	Professional Services (PMU, TSU, OtherContracts)
d.	Other Expenses
9.	North Eastern Areas (UIDAI)
a.	Logistics and Other Communication
b.	Other Charges
	Total

Schedule 23

[See Form B]Unique Identification Authority of IndiaExpenditure On Grants, Subsidies etcForming part of Income and Expenditure Account for the year ended at 31st March 20____(Amount in L )

	Particulars	Current Year	Previous Year
(1)	(2)	(3)	(4)
1.	Grants given to Institutions/Organisations
2.	Subsidies given to Institutions/Organisations
	Total
	Note- Name of the Entities, theirActivities along with the amount of
	Grants/Subsidies are to be disclosed

Schedule 24

[See Form B]Unique Identification Authority of IndiaInterestForming part of Income and Expenditure Account for the year ended at 31st March 20___(Amount in L )

	Particulars	Current Year	Previous Year
(1)	(2)	(3)	(4)
1.	Interest
a.	On Fixed Loans
b.	On Other Loans (including Bank Charges)
c.	Others (specify)
2.	Bank Charges
	Total

Schedule 25

[See Form A and Form B]Unique Identification Authority of IndiaSignificant Accounting Policies (Illustrative)Forming part of Accounts for the year ended at 31st March 20___

1. Accounting Convention. - The financial statements are prepared on the basis of historical cost convention, unless otherwise stated and on the accrual method of accounting.

2. Investments. - 2.1. Investments classified as "long term investments" are carried at cost. Provision for decline, other than temporary, is made in carrying cost of such .investments.

2.2Investments classified as "Current" are carried at lower of cost and fair value. Provision for shortfall on the value of such investments is made for each investment considered individually and not on a global basis.

2.3Cost includes acquisition expenses like brokerage, transfer stamps.

3. Fixed Assets. - 3.1. Fixed Assets are stated at cost of acquisition inclusive of inward freight duties and taxes and incidental and direct expenses related to acquisition. In respect of projects involving construction, related pre-operational expenses (including interest on loans for specific project prior to its completion), form part of the value of the assets capitalized.

3.2Fixed Assets received by way of non-monetary grants, (other than towards the Corpus Fund), are capitalized at values stated, by corresponding credit to Capital Reserve.

4. Depreciation. - 4.1. Depreciation is provided on straight-line method as per rates specified in the Income-tax, Act, 1961 except depreciation on cost adjustments arising on account of conversion of foreign currency liabilities for acquisition of fixed assets, which is amortized over the residual life of the respective assets.

4.2In respect of additions to/deductions from fixed assets during the year, depreciation is considered on pro-rata basis.

4.3Assets costing L 5,000 or less each are fully provided.

2. Miscellaneous Expenditure. - Deferred revenue expenditure is written off over a period of 5 years from the year it is incurred.

3. Government Grants/subsidies. - 6.1. Government grants of the nature of contribution towards capital cost of setting up projects are treated as Capital Reserve.

6.2Grants in respect of specific fixed assets acquired are shown as a deduction from the cost of the related assets.

6.3Government grants/subsidy are accounted on realization basis.

7. Foreign Currency Transactions. - 7.1. Transactions denominated in foreign currency are accounted at the exchange rate prevailing at the date of the transaction.

7.2Current assets, foreign currency loans and current liabilities are converted at the exchange rate prevailing as at the year end and the resultant gain/loss is adjusted to cost of fixed assets, if the foreign currency liability relates to fixed assets, and in other cases is considered to revenue.

8. Lease. - Lease rentals are expensed with reference to lease terms.

9. Retirement Benefits. - 9.1 Liability towards gratuity payable on death/retirement of employees is accrued based on actuarial valuation.

9.2Provision for accumulated leave encashment benefit to the employees is accrued and computed on the assumption that employees are entitled to receive the benefit as at each year end.

Schedule 26

[See Form A and Form B]Unique Identification Authority of IndiaContingent Liabilities And Notes On Accounts (Illustrative)Forming part of Accounts for the year ended at 31st March 20___

1. Contingent Liabilities. - 1.1 Claims against the Entity not acknowledged as debts - L __(Previous year L _).

1.2In respect of:- Bank guarantees given by/on behalf of the Entity - L ______ (Previous year L ______).- Letters of Credit opened by Bank on behalf of the Entity - L _____ (Previous year L _______).- Bills discounted with banks L _________ (Previous year L ________)

1.3Disputed demands in respect of:Income-tax L _____________(Previous year L __________).Service-tax L _____________(Previous year L __________)Municipal Taxes L _________(Previous year L __________).

1.4In respect of claims from parties for non-execution of orders, but contested by the Entity - L ______________ (Previous year L _________).

2. Capital Commitments. - Estimated value of contracts remaining to be executed on capital account and not provided for (net of advances) L (Previous year L )

3. Lease Obligations. - Future obligations for rentals under finance lease arrangements for plant and machinery amount to L ___ (Previous year L _).

4. Current Assets, Loans and Advances. - In the opinion of the Management, the current assets, loans and advances have a value on realization in the ordinary course of business, equal at least to the aggregate amount shown in the Balance Sheet.

5. Taxation. - In view of there being no taxable income under Income-tax Act 1961, no provision for Income tax has been considerably necessary.

6. Foreign Currency Transactions. - Transactions in foreign currencies are accounted at the prevailing exchange rates at the date of transactions.

7. Remuneration To Auditors. - As Auditors

- Taxation matters- For Management services- For certification- Others

8. Corresponding figures for the previous year have been regrouped/ rearranged, wherever necessary.

9. Schedules 1 to 26 are annexed to, and form an integral part of the Balance Sheet as at 31st March _______, the Income and Expenditure Account and the Receipts and Payments Account for the year ended on that date.

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