Bhubaneswar, April 09: Orissa has incurred losses of Rs 1,164.78 crore during 2009-10 due to under-assesment and other deficiencies, according to a CAG report placed in the state assembly.
The report, which was tabled in the house yesterday, said a loss of Rs 1,164.78 crore loss was detected by checking of 2,47,648 cases relating to commercial tax, motor vehicle tax, land revenue, stamp duty and registration fee, state excise, forest receipt among other departments.
It said the government suffered Rs 118.83 crore losses in 23,365 cases due to reasons like under assesment of tax, non/short levy tax, surcharge, interest, penalty, incorrect grant of exemption, incorrect computation of taxable turnover, application of incorrect rate of tax and other deficiencies of Rs 51.22 crore in 313 cases.
Another Rs 400.
—-PTi