THE UNIQUE IDENTIFICATION AUTHORITY OF INDIA (FORM OF ANNUAL STA TEMENT OF ACCOUNTS) RULES, 20181 [Updated as on 23.10.2023] In exercise of

rules · 2016 · State unknown

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Parent: THE AADHAAR (TARGETED DELIVERY OF FINANCIAL AND OTHER SUBSIDIES, BENEFITS AND SERVICES) ACT, 2016 (e5452e76268985edd128a049b6e27a9ff6b4f2fb)

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THE UNIQUE IDENTIFICATION AUTHORITY OF INDIA (FORM OF ANNUAL STA TEMENT OF ACCOUNTS) RULES, 20181 [Updated as on 23.10.2023] 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); Form means Form annexed to these rules; "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 3 lst 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 t0 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

Rule TOC

7 · .

5 · .

1 · In Current Accounts

10 · Closing Balances

3 · Special Reserves

3 · Utilization/Expenditure towards objectives of funds

2 · State Government (Specify)

5 · . Furniture and Fixtures

10 · Other fixed assets

2 · Sundry Debtors

3 · Cash in hand (including chequesldrafts and imprest)

2 · Advances and other amounts recoverable in cash or in kind or for value to be received

5 · .

10 · Leave Salary Pension Contribution

11 · Expenses on Employees' Retirement and Terminal Benefits

12 · Contribution to Other Fund (specify)

13 · Staff Welfare Expenses

14 · Other (Specify)

10 ·

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)

1 · ACCOUNTING CONVENTION

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 · 2. Investments 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 · 3. Cost 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 · 2. Fixed 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 · 2 In respect of additions toldeductions from fixed assets during the year, depreciation is considered on pro-rata basis.

4 · 3 Assets costing L 5,000 or less each are fully provided.

2 · MISCELLANEOUS EXPENDITURE

3 · GOVERNMENT GRANTSISUBSIDIES

6 · 1. Government grants of the nature of contribution towards capital cost of setting up projects are treated as Capital Reserve.

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

6 · 3. Government 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 · 2. Current 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

9 · RETIREMENT BENEFITS

9 · 1 Liability towards gratuity payable o death/retirement of employees is accrued based 0n actuarial valuation.

9 · 2. Provision 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:

1 · CONTINGENT LIABILITIES

1 · Claims against the Entity not acknowledged as debts year ?

1 · 2 In respect of: Bank guarantees given bylon behalf of the Entity Previous year ? Letters of Credit opened by Bank on behalf of the Entity (Previous year Bills discounted with banks Previous year ?

1 · 3 Disputed demands in respect of: Income-tax ? Previous year Service-tax ? Previous year ?

1 · 4 In respect of claims from parties for non-execution of orders, but contested by the Entity Previous year <

2 · CAPITAL COMMITMENTS

3 · LEASE OBLIGATIONS

4 · CURRENT ASSETS, LOANS AND ADVANCES

5 · TAXATION

6 · FOREIGN CURRENCY TRANSACTIONS

7 · REMUNERA TION TO AUDITORS

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

9 · Schedules to 26 are annexed to, and form an integral part of the Balance Sheet as at 3lst March: the Income and Expenditure Account and the Receipts and Payments Account for the year ended on that date.