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draft National Institute of Design (Form of Annual Statement of Accounts) Rules, 2016 Published

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18 THE GAZETTE OF I DIA : EXTRAORDINARY MINISTRY OF COMMERCE AND INDUSTRY (Department of Industrial Policy and Promotion) NOTIFICATION New Delhi, the 14th September, 2016 !PART II- SEC. 3(i)] G.S.R. 884(E).-ln exercise of the powers conferred by claus~ (b) of sub-section (2) of section 38 read with sub-section ( l) of section 25 of the National Institute of Design Act, 20 14 ( 18 of 2014 ), the Central Government hereby makes the following rules, namely:- !. Short title and commencement.--( I) These rules may be called the National Institute of Design (Form of Annual Statement of Accounts) Rules, 2016. (2) They shall come into force on the date of their publication in the Official Gazette. 2. Definitions.- ln these rules, unless the context otherwise requires, - (a)' Act' means the National Institute of Design Act, 2014 ( I 8of2014); (b) 'Form' means Form annexed to these rules; (c) 'Schedule' means the Schedule annexed to these rules; (d) 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. Maintenance of proper accounts and records.--(]) The Institute shall maintain its accounts and records in the Form of financial statements annexed to these rules. (2) The Institute shall follow the general directions by the Central Government in consultation with the Comptroller and Auditor General of India in maintaining the financial statements. 4.

rules. (2) The Institute shall follow the general directions by the Central Government in consultation with the Comptroller and Auditor General of India in maintaining the financial statements. 4. Preparation and submission of annual statement of accounts of the Institute.- (I) The Institute shall prepare its annual statement of accounts and balance sheet showing the financial results as specified in Form 'A' and Form 'B' and the Schedules annexed to these rules. (2) The annual statement'of accounts and balance sheet of the Institute, duly authenticated by the Director and passed by the Governing Council shall be forwarded to the Comptroller and Auditor General of India, not later than the 31st July every year. (3) The duly audited annual statement of accounts of the Institute as certified by the Comptroller and Auditor General of India together with the audit repo1i thereon shall be forwa1'ded by the Director for every financial year to the Central Government by the 30th September of the following-¥ear for laying before the both Houses of Parliament. (4) The books of Accounts will be maintained on the basis of double entry book keeping system. 5. Separate ledger accounts for funds received from the Government of lndia.-The Institute shall maintain separate ledger accounts for al l funds received from the Government of India and maintain accounts of the Institute regarding proper utilisation of such grants.

lndia.-The Institute shall maintain separate ledger accounts for al l funds received from the Government of India and maintain accounts of the Institute regarding proper utilisation of such grants. 18 FHE GAZETTE OF INDIA : EXTRAORDINARY MINISTRY OF COMMERCE AND INDUSTRY (Department of Industrial Policy and Promotion) NOTIFICATION New Delhi, the 14th September, 2016 [PART II-SEC. 3(i)] G.S.R. 884(E).-In exercise of the powers conferred by clause (b) of sub-section (2) of section 38 read with sub-section (1) of section 25 of the National Institute of Design Act, 2014 (18 0f 2014), the Central Government hereby makes the following rules, namely:-

  1. Short title and commencement.-(1) These rules may be called the National Institute of Design (Form of Annual Statement of Accounts) Rules, 2016. (2) They shall come into force on the date of their publication in the Official Gazette.
  2. Definitions.-In these rules, unless the context otherwise requires, - (a) 'Act' means the National Institute of Design Act, 2014 (18 0f 2014): (b) 'Form' ÿ means Form annexed to these rules; (c) 'Schedule' means the Schedule annexed to these rules; (d) 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. Maintenance of proper accounts and records.-(1) The Institute shall maintain its accounts and records in the Form of financial statements annexed to these rules.

ely assigned to them in the Act. 3. Maintenance of proper accounts and records.-(1) The Institute shall maintain its accounts and records in the Form of financial statements annexed to these rules. (2) The Institute shall follow the general directions by the Central Government in consultation with the Comptroller and Auditor General of India in maintaining the financial statements. 4. Preparation and submission of annual statement of accounts of the Institute.- (1) The Institute shall prepare its annual statement of accounts and balance sheet showing the financial results as speci tied in Form 'A' and Form 'B' and the Schedules annexed to these rules. (2) The annual statement of accounts and balance sheet of the Institute, duly authenticated by the Director and passed by the Governing Council shall be forwarded to the Comptroller and Auditor General of India, not later than the 31st July every year. (3) The duly audited annual statement of accounts of the Institute as certified by the Comptroller and Auditor General of India together with the audit report thereon shall be forwarded by the Director for every financial year to the Central Government by the 30th September of the following year for laying before the both Houses of Parliament. (4) The books of Accounts will be maintained on the basis of double entry book keeping system. 5.

nment by the 30th September of the following year for laying before the both Houses of Parliament. (4) The books of Accounts will be maintained on the basis of double entry book keeping system. 5. Separate ledger accounts for funds received from the Government of India.-The Institute shall maintain separate ledger accounts for all funds received from the Government of India and maintain accounts of the Institute regarding proper uti lisation of such grants.

Form 'A' !See sub-rule I of rule 41 NATIONAL INSTITUTE OF DESIGN, AHMEDABAD Institute of National Importance by an Act of Parliament BALANCE SHEET AS AT 315T MARCH, _____ _ (Amounl in Rs) SCHEDULE 31.03. CAPITAL FUND AND LIABILITIES CAPITAL FUND: I DEPRECIATION FUND: 6 EARMARKED FUNDS: 2 GRANTS AND CONTRIBUTIONS: 3 GRANTS FOR NEW NIDs 4 CURRENT LIABILITIES: 5 TOTAL 0 ASSETS FIXED ASSETS: (At Cost) 6 INVESTMENTS: (At Cost) 7 CURRENT ASSETS. LOANS. ADVANCES ETC. : 8 INCOME & EXPENDITURE ACCOUNT 9 TOTAL 0 For NOTES forming part of Accounts 17 Place: _ ___ _ Date: ------ 19 3 1.03. 0 0 Director ['4T I 1 -@vg 3(i)] ÅÆÇÈ Form 'A' [See sub-rule 1 of rule 4] BALANCE SHEET AS AT 31S MA RCH, CAPITAL FUND AND LIABILITIES CAPITAL FUND: DEPRECIATION FUND: EARMARKED FUNDS: GRANTS AND CONTRIBUTIONS: GRANTS FOR NEW NIDs CURRENT LIABILITIES: TOTAL ASSETS FIXED ASSETS: (At Cost) INVESTMENTS: (At Cost) CURRENT ASSETS. LOANS. ADVANCES ETC.: INCOME & EXPENDITURE ACCOUNT TOTAL For NOTES forming part of Accounts Place: Ê Date: (Amount É m Rs.) SCHEDULE 31.03.

(At Cost) INVESTMENTS: (At Cost) CURRENT ASSETS. LOANS. ADVANCES ETC.: INCOME & EXPENDITURE ACCOUNT TOTAL For NOTES forming part of Accounts Place: Ê Date: (Amount É m Rs.) SCHEDULE 31.03. I 6 2 3 4 5 0 6 7 8 0 17 19 31.03. 0 0 Director

20 TIIE GAZETTE OF INDIA: EXTRAORDINARY Form '8' [Sec sub-ru le I of ru le 41 Institute of National Importance by an Act of Parliamen t [PART II- SEC. 3(i)J INCOME A D EXPENDITURE ACCOUNT FOR Tl IE YEAR ENDING 31" MARCH. __ _ (Amount in Rs.) SCII EDULE CURRENT YEAR PREVIOUS YEAR I 1COME FEES: 10 SERVICE Cl IARGES: 11 GRANTS: 12 INTEREST EAR ED: 13 OTIIER INCOME: TR/\ 1SFERRED FROM CAPITAL FUND I TO Tl IE EXTENT OF DEPRECIATION: TOTAL (A) 0 0 EXPENDITURE ESTABLISII MENT EXPENSES: 14 OTII ER ADM I 'ISTRATIVE EXPE SES: 15 EXPE SES ON PROJECTS: 11 INTEREST/BANK CHARGES: DEPRECIATION: (Ref. otc no. I e) 6 A mu 1T TRANSFERRED TO SPECIFIC FUNDS: 16 TOTAL (B) 0 0 BALANCE BEi G DEFICIT CARR IED OVER 9 TO BALANCE SI IEET (A-B) For NOTES forming part of Accounts. sec Schedule - 17 Place: ___ _ _ Date: -

Director 20 THE GAZETTE OF INDIA : EXTRAORDINARY Form 'B' [PART II-SEC. 3(i)] INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDING 31 MARCH. ” (Amount in Rs.) INCOME FEES: SERVICE CHARGES: GRANTS: INTEREST EARNED: OTHER INCOME: TRANSFERRED FROM CAPITAL FUND TO THE EXTENT OF DEPRECIATION: TOTAL (A) EXPENDITURE ESTABLISHMENT EXPENSES: OTHER ADMINISTRATIVE EXPENSES: EXPENSES ON PROJECTS: INTEREST/BANK CI IARGES: DEPRECIATION: (Ref. Note no.

AL FUND TO THE EXTENT OF DEPRECIATION: TOTAL (A) EXPENDITURE ESTABLISHMENT EXPENSES: OTHER ADMINISTRATIVE EXPENSES: EXPENSES ON PROJECTS: INTEREST/BANK CI IARGES: DEPRECIATION: (Ref. Note no. le) AMOUNT TRANSFERRED TO SPECIFIC FUNDS: TOTAL (B) BALANCE BEING DEFICIT CARRIED OVER TO BALANCE SHEET (A-B) For NOTES forming part of Accounts, see Schedule - 17 Place: _ Date: • SCHEDULE CURRENT YEAR PREVIOUS YEAR IO II 12 13 I 0 0 14 1 5 11 6 1 6 0 0 Director

SCHEDULE-I !Sec sub-rule I of ru le 41 NATIONAL INSTITUTE OF DESIC ', AHl\1EDABAD Schedule forming part of the Balance Sheet as at 31" March. ______ _ CAPITAL FU D Particulars 31.03. Rs. a. Capital Fund Balance as on 1-4- a. Add: i) Amount transferred from Central Govt. Grants Account for meeting Non-recurring expenditure ii) Amount transferred from Appropriation of fund for Building under construction Account iii) Amount transferred from Income & Expenditure Ale. on account of excess of cost over grant for on-Recurring Expenditure b. Less: Transferred to Income & Expenditure Account to the extent of 0 depreciation on assets acquir..:d out of Capital Funds c. Less: Ad,iustm..:nt of the value of Machinery. Equipment & Furniture sold/discard during the year. Sub-Total (a.) 0 b. Land Reserve Balance as on 1-4- Total (a+b) 0 21 31.03. Rs. 0 0 0 Director [4M II-@vg 3(i)] ÀÁÂ ÃÄ SCHEDULE -1 Schedule forming part of the Balance Sheet as at 31Å March. Æ CAPITAL FUND Particulars 31.03. Rs. a. Capital Fund Balance as on 1-4- a.

0 0 Director [4M II-@vg 3(i)] ÀÁÂ ÃÄ SCHEDULE -1 Schedule forming part of the Balance Sheet as at 31Å March. Æ CAPITAL FUND Particulars 31.03. Rs. a. Capital Fund Balance as on 1-4- a. Acid: i) Amount transferred from Central Govt. Grants Account for meeting Non-recurring expenditure ii) Amount transferred from Appropriation of fund for Building under construction Account iii) Amount transferred from Income & Expenditure A/c. on account of excess of cost over grant for Non-Recurring Expenditure b. Less: Transferred to Income & Expenditure Account to the extent of 0 depreciation on assets acquired out of Capital Funds c. Less: Adjustment of the value of Machinery, Equipment & Furniture sold/discard during the year. Sub-Total (a.) 0 b. Land Reserve Balance as on 1-4- Total (a+b) 0 21 31.03. Rs. 0 0 0 Director

22 THE GAZETTE OF INDIA: EXTRAORDINARY SCHEDULE-2 !See sub-rule I of ru le 41 NATIONAL INSTITUTE OF DESIGN, AI-IMEDABAD !PART II- SEC. 3(i)) Schedule formi ng part of the Balance Sheet as al 31" March. ______ _ Sr. No. EARMARKED FUNDS Name of funds Opening Interest Other Grand total Previous year balance as on credited credited 01.04. Rs. Rs. Rs. 0 0 0 SCHEDULE-3 !Sec sub-rule I of rule 41 Amount debited Rs. 0 Schedule forming part of the balance Sheet as al 31" March. __ _ GRANTS AND CONTRIBUTIONS Sr. Name of account Opening Grant Amount debited No. balance credited as on Non recurring Transferred Other 01.04. Exps to I & E A/c. debited Rs. Rs. Rs. Rs. Rs.

AND CONTRIBUTIONS Sr. Name of account Opening Grant Amount debited No. balance credited as on Non recurring Transferred Other 01.04. Exps to I & E A/c. debited Rs. Rs. Rs. Rs. Rs. Total 0 0 0 0 0 Previous year Ref. Closing Note balance as on 31.03. Rs. Rs. 0 0 Director Ref. Closing Note Balance As on 31.03. Rs. 0 Director 22 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II-SEC. 3(i)] SCHEDULE-2 Schedule forming part of the Balance Sheet as at 31p March. q EARMARKED FUNDS Sr. No. Name of funds Opening Interest Other Amount Ref. Sr. No. Grand total Previous year balance as on credited credited 01.04. Rs. Rs. Rs. 0 0 0 SCHEDULE-3 debited Rs. 0 Schedule forming part of the balance Sheet as at 31r March. s GRANTS AND CONTRIBUTIONS Name of account Opening Grant Amount debited balance credited as on Non recurring Transferred Other 01.04. Exps to I & E A/c. debited Rs. Rs. Rs. Rs. Rs. Total 0 0 0 0 0 Previous year Note Rs. 0 Ref. Note Closing balance as on 31.03. Rs. 0 Director Closing Balance As on 31.03. Rs. 0 Director

debited Rs. Rs. Rs. Rs. Rs. Total 0 0 0 0 0 Previous year Note Rs. 0 Ref. Note Closing balance as on 31.03. Rs. 0 Director Closing Balance As on 31.03. Rs. 0 Director

[ 'IWJ 11-"@1!6 3(i)] Name ot Sr. account No. Central Govt. Grant Plan (11011- recurring) for implementation of national Design Policy: Setting up of new NID campuses at I Jorhat 2 Hyderabad 3 Bhopal 4 Kurukshetra 5 Vijayawada & Other campuses Total Prel'ious year Particulars SCHEDULE-4 !Sec sub-rule I of rule 41 NATIONAL INSTITUTE OF DESIGN, AI-IMEDABAD Schedule forming part of the Balance Sheet as at 3 I" March. ______ _ GRANTS FOR NEW N!Ds Grant Grant Opening Grant Total Amount debited credited utilised up balance as credited upto to Oil during the Non- Transferred 31.03. 3 1.03. 01.04. year rccurrin_!! to Exps CPWD/Nl3CC for Const. \Ork Rs. Rs. Rs. Rs. Rs. Rs. Rs. SCHEDULE-5 !Sec sub-rule I of rule 41 Other debited Rs. Schedule formi ng part of the Balance Sheet as at 3 I" March. _ ____ _ Current Liabilities 31.03. 31.03. 23 Closing balance As on 31.03. Rs. Director Rs. Rs. I. For expenses 2. For rent & other deposits 3. For sundry credit balances 4. For advance for projects in progress Total 0 0 Director [9I II-@vg 3(1)] Name of Sr. account No. Central Govt.

For expenses 2. For rent & other deposits 3. For sundry credit balances 4. For advance for projects in progress Total 0 0 Director [9I II-@vg 3(1)] Name of Sr. account No. Central Govt. Grant Plan (non­ recurring) for implementation of national Design Policy: Setting up of new NID campuses at I Jorhat 2 Ñ Hyderabad 3 Bhopal 4 Kurukshetra 5 Vijayawada& Other campuses Total Previous year Particulars 9:;<=> SCHEDULE-4 Schedule forming part of the Balance Sheet as at 31Ï March. Ð GRANTS FOR NEW NIDs Grant Grant Opening Grant Total Amount debited credited utilised up balance as credited up to to Oil during the Non- Transferred 3 I .03. 31.03. 01.04. year recurring to Exps CPWD/NBCC for Const. work Rs. Rs. Rs. Rs. Rs. Rs. Rs. SCHEDULE-5 Other debited Rs. Schedule forming part of the Balance Sheet as at 31Ò March. Ó Current Liabilities 31.03. 31.03. 23 Closing balance As on 31.03. Rs. Director Rs. Rs.

  1. For expenses
  2. For rent & other deposits
  3. For sundry credit balances
  4. For advance for projects in progress Total 0 0 Director

Closing balance As on 31.03. Rs. Director Rs. Rs.

  1. For expenses
  2. For rent & other deposits
  3. For sundry credit balances
  4. For advance for projects in progress Total 0 0 Director

24 Sr. Paniculars No As on 01.04. Rs. A IMMOVABLE PROPERTIES I ti) Land Sub-total of I 2 NID campus buildin!!S Sub-total of (1 +2) B MOVABLE PROPERTIES I Machinef), equipment& tools 2 Furniture & fixtures 3 Computers & nerioherals 4 Staff pool vehicles 5 Librarv books Sub-Total ofB C Capital works in PfO!!rCSS Sub-Total ofC Grand Total PREVIOUS YEAR TIIE GAZETTE OF I 1DIA: EXTRAORDINARY SCII EDULE-6 !See sub-ru le I of ru le 41 NATIONAL INSTITUTE OF DESIGN, AHI\IEDABAD !PART II- SEC. 3(i)] Schedule forming part of the Balance Sheet as at 3 1" March. ____ _ Fixed Assets GROSS BLOCK DEPRECIATION NET BLOCK Addilion Sale/Adjus1ment As on Ason For Sale Adjustment As on As on As on 31 .03. 01 0-l. the 31 .03. 31 .03. 31.03. Year Rs. Rs. Rs. Rs. Rs Rs. Rs. Rs. Rs. Director 24 Sr. Particulars No. As on 01.04.

Ason For Sale Adjustment As on As on As on 31 .03. 01 0-l. the 31 .03. 31 .03. 31.03. Year Rs. Rs. Rs. Rs. Rs Rs. Rs. Rs. Rs. Director 24 Sr. Particulars No. As on 01.04. Rs A IMMOVABLE PROPERTIES I (i) Land Sub-total of 1 2 NID campus buildings Sub-total of (1+2) B MOVABLE PROPERTIES I Machinery, equipment& tools 2 Furniture & fixtures 3 Computers & peripherals 4 Staff pool vehicles 5 Library books Sub-Total of B C Capital works in progress Sub-Total of C Grand Total PREVIOUS YEAR THE GAZETTE OF INDIA : EXTRAORDINARY SCHEDULE-6 Schedule forming part of the Balance Sheet as at 31> March, Fixed Assets GROSS BLOCK DEPRECIATION [PART II-SEC. 3(i)] 222- NET BLOCK Addition Sale/Adjustment As on As on For Sale/Adjustment As on As on As on 31.03. 01.04. the 31.03. 31.03. 31.03. Year Rs. Rs. Rs. Rs. Rs Rs. Rs. Rs. Rs I I Director

[ 'qJT[ ll -"&1J's 3( i)] SCIIEDULE-7 NATIO 'A L INSTITUTE OF DESIC ', AIIMEDABAD Schedule forming part of the Balance Sheet as at 31 st March. ___ _ Particulars Long Term Fi,ed Deposits with Bonds TOl'AL Investments (At cost) SCHEDULE-8 ]Sec sub-rule I of rule 41 NATIONAL INSTITUTE OF DESIGN, AIIMEDABAD 3 1.03. Rs. 0 Schedule forming part of the Balance Sheet as at 31 • 1 March. ____ _ Current Assets. Loans. Advances etc. Particulars 31.03. Rs. A.

1 NATIONAL INSTITUTE OF DESIGN, AIIMEDABAD 3 1.03. Rs. 0 Schedule forming part of the Balance Sheet as at 31 • 1 March. ____ _ Current Assets. Loans. Advances etc. Particulars 31.03. Rs. A. CURRENT ASSETS: i) INVENTORIES: Civil and Caoital Materials (At Cost) ii) CASH BALANCES ON HAND iii) BANK BALANCES a) In Current account ,,·ith Sub-Total (a) b) In Saving account with Sub-Total (b) Sub-Total (a)+(b) c) In Call/Term Deposit account with Sub-Total (c) Sub-Total - Ill (a+b+c) Total (1+11+111) 25 3 I.OJ. Rs. u Director 31.03. Rs. [9M I1-qvg 3(i)] CDE FG SCHEDULE-7 Schedule forming part of the Balance Sheet as at 31® March. ¯ Investments (At cost) Particulars Long Term Fixed Deposits with Bonds TOTAL SCHEDULE-8 31.03. Rs. 0 Schedule forming part of the Balance Sheet as at 31° March. ± Current Assets. Loans. Advances etc. Particulars 31.03. Rs. A. CURRENT ASSETS: i) INVENTORIES: Civil and Capital Materials (At Cost) ii) CASH BALANCES ON HAND iii) BANK BALANCES a) In Current account with Sub-Total (a) b) In Saving account with Sub-Total (b) Sub-Total (a)+(b) c) In Call/Term Deposit account with Sub-Total (c) Sub-Total - II (a+b+e) Total (I+I+HT) 25 31.03. Rs. 0 Director 31.03. Rs.

) b) In Saving account with Sub-Total (b) Sub-Total (a)+(b) c) In Call/Term Deposit account with Sub-Total (c) Sub-Total - II (a+b+e) Total (I+I+HT) 25 31.03. Rs. 0 Director 31.03. Rs.

26 THE GAZETTE OF INDIA : EXTRAOR DINARY SCHEDULE-8 !See sub-rule I of ru le 41 [PART II- SEC. 3( i)] Schedule forming part of the Balance Sheet as at 31st March. ____ _ Current Assets. Loans. Advances etc. Particulars B. LOAN. ADVANCES AND OTHER ASSETS: i. Loans: a. Secured Sub-Total of(a) b. Unsecured Sub-Total (i) ii. Advances: Sub-Total (ii) Sub-Total (111) TOTAL of B (1+11+111) TOTALOFA+B SCHEDULE-9 I See sub-rule I of rule 41 31.03. 3 1.03. Rs. Rs. Schedule forming part of the balance Sheet as at 31 st March. ____ _ Income and Expenditure Account Particulars 31.03. 31.03. Rs. Rs. Balance as on 0 1.04. Less: Met from NID·s own Income Add: Current vear·s deficit (Plan Recurring) Less: Current year·s surplus (Non-Plan Recurring) Deficit carried over to Balance Sheet Director 26 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II-SEC. 3(1)] Particulars SCHEDULE-8 Schedule forming part of the Balance Sheet as at 31 March. Current Assets. Loans. J\dvances etc. 31.03. Rs. B. LOAN. ADVANCES AND OTHER ASSETS: i. Loans: a. Secured Sub-Total of (a) b. Unsecured Sub-Total (i) ii. Advances: Sub-Total (ii) Sub-Total (II) TOTAL of B (+II+ž) TOTAL OF A+B SCHEDULE-9 Schedule forming part of the balance Sheet as at 31 March. Ÿ Income and Expenditure Account 31.03. Rs. Particulars 31.03. 31.03. Rs. Rs. Balance as on 01.04.

I+ž) TOTAL OF A+B SCHEDULE-9 Schedule forming part of the balance Sheet as at 31 March. Ÿ Income and Expenditure Account 31.03. Rs. Particulars 31.03. 31.03. Rs. Rs. Balance as on 01.04. Less: Met from NID's own Income Add: Current year's deficit (Plan Recurring) Less: Current year's surplus (Non-Plan Recurring) Deficit carried over to Balance Sheet Director

Particulars Total Particulars Total 'qffif cfiT u;;rq'"5I : 3TTTT~ SCHEDU LE- IO NATIONA L INSTITUTE OF DESIGN, AHMEDABA D Schedule form ing part of the Balance Sheet as at 3 1st March, ____ _ Fees SCHEDULE- I I 20 Rs.

20 Rs. 27

Director Sched ule forming part of the Income and Expenditure for the year ended 3 1 st March, __ _ Income from Project receipts/Grants(Non plan) & expenses from projects (Non Plan) 20_ -20 __ 20 - 20 20 - 20 Pr~ject Project Pro1ect Project Expenses Receipts Expenses Receipts Rs. Rs. Rs. Rs. Director [9I II-qvg 3(6)] Particulars Total Particulars Total HIJ KL SCHEDULE-10 Schedule forming part of the Balance Sheet as at 31} March. ~ Fees 20 Rs. SCHEDULE-11 NATIONAL INSTITUTE OF DESIGN, AIIMEDABAD . 20 Rs. 27 □ Director Schedule forming part of the Income and Expenditure for the year ended 31} March, Income from Project receipts/Grants(Non plan) & expenses from projects (Non Plan) 20_-20 20 . 20 20 □ 20 Project Project Project Project Expenses Receipts Expenses Receipts Rs. Rs. Rs. Rs. Director

ject receipts/Grants(Non plan) & expenses from projects (Non Plan) 20_-20 20 . 20 20 □ 20 Project Project Project Project Expenses Receipts Expenses Receipts Rs. Rs. Rs. Rs. Director

28 THE GAZETTE OF I DIA : EXTRJ\ORDINAR Y SCIIEDULE-12 !Sec sub-rule I of rule 41 !PART II- SEC. 3( i)] chedule forming part of the Income and Expenditure for the year ended 31st March. ___ _ Particulars Total Transfers from Grants & Contributions 20-- Rs. 0 SCHEDULE-13 NATIONAL INSTITUTE OF DESIGN, AH MEDA BAD

20-- -- Rs. 0 Director Schedule forming part of the Income and Expenditure for the year ended 31st March. __ _ Interest earned Particulars 20-- -- 20-- -- (Other than direct Iv credited to earmarked funds) Rs. Rs. A) On term denosit Sub-Total (A) 0 0 B) On Savin12./Current accounts C) On Loans Sub-Total ( C l 0 0 Total of A+B+C 0 0 Director 28 Particulars Total Particulars THE GAZETTE OF INDIA : EXTRAORDINARY SCHEDULE-12 [PART II-SEC. 3(i)] Schedule forming part of the Income and Expenditure for the year ended 31‘ March. ’ Transfers from Grants & Contributions 20-- Rs. ) SCHEDULE-13  □ 20-- .  Rs. 0 Director Schedule forming part of the Income and Expenditure for the year ended 31“ March. ” Interest earned 20-- - 20--  □ (Other than directly credited to earmarked funds) Rs. Rs. A) On term deposit Sub-Total (A) () 0 B) On Saving/Current accounts Cl On Loans Sub-Total ( C ) 0 0 Total of A+B+C 0 0 Director

ther than directly credited to earmarked funds) Rs. Rs. A) On term deposit Sub-Total (A) () 0 B) On Saving/Current accounts Cl On Loans Sub-Total ( C ) 0 0 Total of A+B+C 0 0 Director

['q]ll II-~ 3(i)] SCHEDULE-14 NATIONAL INSTITUTE OF DESIGN, AI-IMEDABA D 29 Schedule form ing part of the Income and Expenditure for the year ended 31" March. __ _ Particulars

  1. Salaries. wages & allowances

  2. Provident fund contribution

  3. Gratuitv contribution

  4. Medical rcim. &staff ,, elfare Total Establishment expenses Non-Plan Plan recurring expenses recurring expenses R& D Other Rs. Rs. Rs. 0 0 0 SCHEDULE-IS !Sec sub-ru le I of rule 41 Total Rs. 0 NATIONA L INSTITUTE OF DESIGN, Al-11\IEDABAD Other adm inistrative expenses Particulars Non-Plan Plan Recurrin!l Expenses recurring expenses R&D Other Total Rs. Rs. Rs. I. Travcllinc. expenses

  5. Tclcnhone, Telex. Postage

  6. Electricitv cxncnses

  7. Maintenance: Mechanical. Electrical. [lectronics

  8. Vehicle maintenance & Operation charges

  9. Material. Supplies Consumahles etc.

  10. General Exocnses for Sate II itc Centres

  11. Advertisement & Publicitv cxtJenses

  12. Welfare. Campus events & Other expenses I 0. Librarv. Journals. Periodical. Subscription etc. I I. Student Freeship & De,clo11mcnt

  13. Facultv. Staff I IRD. Oth.:r Mi~c. expenses

  14. Rates. Taxes. Cesses

  15. Rc11airs & Maintenance

  16. Insurance

  17. Legal expenses & Professional fees

  18. Audit fees Total 0 0 0 0 20 - 20 - l'otal Total of Non-Plan and Plan recurrin,11. cxncnses Rs. Rs.

  19. Rc11airs & Maintenance

  20. Insurance

  21. Legal expenses & Professional fees

  22. Audit fees Total 0 0 0 0 20 - 20 - l'otal Total of Non-Plan and Plan recurrin,11. cxncnses Rs. Rs. 0 0 Director 20

20

TOTAL Total of Non-Plan and Plan recurring expenses Rs. Rs. 0 0 Director [9M II-@vg 3(1)] KLM NO SCHEDULE-14 29 Schedule forming part of the Income and Expenditure for the year ended 31P March. { Establishment expenses Particulars Non-Plan Plan recurring expenses recurring expenses R& D Other Total Rs. Rs. Rs. Rs.

  1. Salaries. wages & allowances
  2. Provident fund contribution
  3. Gratuitv contribution
  4. Medical reim. &staff welfare | Total 0 0 0 0 SCHEDULE-15 Other administrative expenses Particulars Non-Plan Plan Recurring Expenses recurring expenses R & D Other Total Rs. Rs. Rs.
  5. Travelling expenses
  6. Telephone, Telex, Postage  
  7. Electricity expenses
  8. Maintenance: Mechanical, Electrical. Electronics
  9. Vehicle Ë maintenance & Operation charges
  10. Material, Supplies Consumables etc.
  11. General Expenses for Satellite Centres
  12. Advertisement & Publicity expenses
  13. Welfare, Campus events & Other expenses
  14. Librarv, Journals. Periodical, Subscription etc. 1 1. Student Freeshin & Development
  15. Faculty, Staff HRD, Other Misc. expenses
  16. Rates, Taxes. Cesses
  17. Repairs & Maintenance 1 5. Insurance
  18. Legal expenses & Professional fees
  19. Audit fees Total 0 0 0 0 20  20 . Total Total of Non-Plan and Plan recurring expenses Rs. Rs.

s 14. Repairs & Maintenance 1 5. Insurance 16. Legal expenses & Professional fees 17. Audit fees Total 0 0 0 0 20  20 . Total Total of Non-Plan and Plan recurring expenses Rs. Rs. 0 0 Director 20  20  TOTAL Total of Non-Plan and Plan recurring expenses Rs. Rs. 0 0 Director

30 THE GAZETTE OF INDIA: EXTRAORDINARY SCHEDULE-16 Schedule formi ng part of'thc Income and Expenditure for the year ended 31 st March, ___ _ Amount transf'crrcd to Reserve or Specific fund Particulars :w _ _ Rs. Total 0 lPART II- SEC. 3(i)l :w __ Rs. 0 Director 30 THE GAZETTE OF INDIA : EXTRAORDINARY SCH EDULE- 1 6
NATIONAL INSTITUTE OF D ESIGN, AHMEDABAD I nstitute of National Importance by an Act of Parliament Schedule forming part of the I ncome and Expenditure for the year ended 3 16 March. T Amount transferred to Reserve or Specifie fund Particulars 20  Rs. Total u [ PART I I-SEC. 3( i ) ]
20  Rs. u Director

t of the I ncome and Expenditure for the year ended 3 16 March. T Amount transferred to Reserve or Specifie fund Particulars 20  Rs. Total u [ PART I I-SEC. 3( i ) ]
20  Rs. u Director

[ 'l'.fTIT Il-1£!Us 3(i)] 'qJ'«f cfil ~ : 3TTTT!-.ffiUT SCHEDULE-17 NATIONAL INSTITUTE OF DESIGN, AIIMEDABAD Schedule forming part of balance sheet and income and expenditure account for the year ended 3 I 51March. __ _ Notes forming part of accounts I. SIGNIFICANT ACCOUNTING POLICIES: a. ACCOUNTING CONVENTION: 31 The Financial statements arc prepared on the basis of historical cost convention. unless otherwise stated and on the accrual method of accounting except for interest income and liability towards privileged leave. b. INVESTMENTS: Long Term Investments arc stated at cost. c. FIXED ASSETS: Fixed Assets are stated at the cost. The cost includes invoice value. freight. octroi. and other incidental expenses relating acquisition. d. GOVERNMENT GRANTS: 1. Government grants arc accounted on the basis of sanction from Government Department. 11. Government grant to the extent util ised towards capital expenditure. arc transferred to the Capital Fund. 111. Government grants for meeting Revenue expenditure arc treated as income or the year to the extent of expenditure incurred. iv. Ut ili7ed grants are carried forward and exhibited as a Liability in the balance Sheet e. FOREIGN CURRENCY TRANSACTION: Transaction denominated in foreign currenc) arc accounted for at the exchange rate prevailing on the date of transaction.

ited as a Liability in the balance Sheet e. FOREIGN CURRENCY TRANSACTION: Transaction denominated in foreign currenc) arc accounted for at the exchange rate prevailing on the date of transaction. The bank balance held in foreign currency is comerted into Rupee at RBI rate prevailing on the closing day of the financia l year. f. CUR RENT 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. g. INCOME TAX: The income of the Institute is exempt under Income-tax Act I 96 I. No provision for Income Tax is therefore made in the accounts. h. RETIREMENT/TERMINAL BENEFIT Terminal leave encashmcnt benefit to the employees is accounted for on cash hasis. Gratuity is charged to Income & Expenditure Ale on the basis Actuarial valuation and the same is contributed to the NID Employees· Gratuity Fund. 2. Contingent Liabilities Rs. _____ (Previous year Rs. _____ _ 3. Estimated amount of contract remaining to be executed on capital account and not provided for Rs. _____ Previous year Rs. _______ ) 4. Deficit for the year _ _____ of Rs. ________ For the year Rs. ________ ) has been debited to misc. exps. as there is no specific govt. grant received for the same during the year. 5. Corresponding figures for the pre, ious year have been regrouped/rearranged where ever necessary. 6. Figures in the Final accounts have been rounded off to the nearest rupee.

during the year. 5. Corresponding figures for the pre, ious year have been regrouped/rearranged where ever necessary. 6. Figures in the Final accounts have been rounded off to the nearest rupee. Place: _ ________ _ Date: _________ _ [F. 1o. 5/J 1/20 16-IPR-Vl RA.IIV AGGARWAL. Jt. Secy. Uploaded by Dte. of Printing al Government of India Press. Ring Road, Mayapuri, New Delhi- I I 0064 and Published by the Controller of Publications. Delhi- I I 0054. Place: _ ________ _ Date: _________ _ [4 II-@vg 3( i)] qTd I Ts44 : 319I4UT 3 1
SCHEDULE-17 NATIONAL INSTITUTE OF D ESIGN, A H M EDABAD I nstitute of National Importance by an Act of Parliament Schedule forming part of balance sheet and income and expenditure account for the year ended 3 1March. IJ Notes forming part of accounts I . SIGNI FICANT ACCOUNTING POLICIES: a. ACCOUNTING CONVENTION: The Financial statements are prepared on the basis of historical cost convention, unless otherwise stated and on the accrual ij method of accounting except for interest income and liability towards privileged leave. b. INVESTMENTS: Long Term Investments are stated at cost. c. FIXED ASSETS: Fixed Assets are stated at the cost. The cost includes invoice value. freight, octroi, and other incidental expenses relating acquisition. cl. GOVERNMENT GRANTS: i. Government grants are accounted on the basis of sanction from Government Department. ii. Government grant to the extent utilised towards capital expenditure, are transferred to the Capital Fund. iii.

vernment grants are accounted on the basis of sanction from Government Department. ii. Government grant to the extent utilised towards capital expenditure, are transferred to the Capital Fund. iii. Government grants for X meeting Revenue expenditure are treated as income of the year to the extent of expenditure incurred. iv. Utilized grants are carried forward and exhibited as a Liability in the balance Sheet e. FOREIGN CURRENCY TRANSACTION: Transaction denominated in foreign currency are accounted for at the exchange rate prevailing on the date of transaction. The bank balance held in foreign currency is converted into Rupee at RBI rate prevailing on the closing day of the financial year. f. 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. g. INCOME TAX: The income of the Institute is exempt under Income-tax Act 1 96 1 . No provision for Income Tax is therefore X made in the accounts. h. RETIREMENT/TERMINAL BENEFIT Terminal leave encashment benefit to the employees is accounted for on cash basis. Gratuity is charged to Income & Expenditure A/c on the basis Actuarial valuation and the same is contributed to the NID Employees' Gratuity Fund. 2. Contingent Liabilities Rs. Ĵ ( Previous year Rs. ĵ 3. Estimated amount of contract remaining to be executed on capital account and not provided for Rs. Ķ Previous year Rs. ķ ) 4. Deficit for the year ĸ of Rs.

bilities Rs. Ĵ ( Previous year Rs. ĵ 3. Estimated amount of contract remaining to be executed on capital account and not provided for Rs. Ķ Previous year Rs. ķ ) 4. Deficit for the year ĸ of Rs. Ĺ For the year Rs. ĺ ) has been debited to X misc. exps, as there is no specific govt. grant received for the same during the year. 5. Corresponding figures for the prev ious year have been regrouped/rearranged w here ever necessary. 6. Figures in the Final accounts have been rounded off to the nearest rupee. Place .2.22 Date: 22222-2222 [ F. No. 5/1 1 /20 16-PR-V] RAJ IV AGGARWAL, Jt. Secy. Uploaded by Dte. of Printing at Government of India Press. Ring Road, Mayapuri, New Delhi- 1 10064 and Published by the Controller of Publications, Delhi- 1 10054.

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