Section 25(iv) in Rabindranath Tagore University Act, 2017
(iv)to consider the annual balance sheet prepared at the end of each financial year but not later than six months from the end of such financial year along with, the Receipts and Payment Account and Income and Expenditure Account, which all should be in conformity with the existing accounting practices as notified from time-to-time by various oversight committees and the Government of India. These should be held up for review, by the Finance Committee before it is placed for scrutiny by the Executive Council and then for approval by the court, Such audit report along with the audited financial statements shall form part of the annual report of the University and shall be placed in public domain for dissemination of information.
