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Section23
The Institutes of Technology Act, 1961

Accounts and audit

In force From 01 Apr 1962 Act 59 of 1961 As on 19 Oct 2026

Act 59 of 1961 Ministry Education Enacted 19 Dec 1961 In force 01 Apr 1962

Section 23 of the Institutes of Technology Act, 1961 deals with accounts and audit. Every Institute shall maintain proper accounts and other relevant records and prepare an annual statement of accounts, including the balance-sheet, in such form as may be prescribed by the Central Government in consultation with the Comptroller and Auditor-General of India. The Act came into force on 01 Apr 1962.

(1) Every Institute shall maintain proper accounts and other relevant records and prepare an annual statement of accounts, including the balance-sheet, in such form as may be prescribed by the Central Government in consultation with the Comptroller and Auditor-General of India.

(2) The accounts of every Institute shall be audited by the Comptroller and Auditor-General of India and any expenditure incurred by him in connection with such audit shall be payable by the Institute to the comptroller and Auditor-General of India.

(3) The Comptroller and Auditor-General of India and any person appointed by him in connection with the audit of the accounts of any Institute shall have the same rights, privileges and authority in connection with such audit as the Comptroller and Auditor-General of India has in connection with the audit of the Government accounts, and, in particular, shall have the right to demand the production of books, accounts, connected vouchers and other documents and papers and to inspect the offices of the Institute.

(4) The accounts of every Institute as certified by the Comptroller and Auditor-General of India or any other person appointed by him in this behalf together with the audit report thereon shall be forwarded annually to the Central Government and that Government shall cause the same to be laid before each House of Parliament.

Section 23, The Institutes of Technology Act, 1961 (Act 59 of 1961).

Questions about Section 23

What does Section 23 of the Institutes of Technology Act deal with?

Section 23 of the Institutes of Technology Act is headed "Accounts and audit". Every Institute shall maintain proper accounts and other relevant records and prepare an annual statement of accounts, including the balance-sheet, in such form as may be prescribed by the Central Government in consultation with the Comptroller and Auditor-General of India.

How do I find court cases under Section 23 of the Institutes of Technology Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Institutes of Technology Act 23, section 23 Institutes of Technology Act, section 23 of the Institutes of Technology Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

When did Section 23 of the Institutes of Technology Act come into force?

Section 23 of the Institutes of Technology Act, cited as Institutes of Technology Act 23, came into force on 01 Apr 1962, having been enacted on 19 Dec 1961. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 19 Oct 2026. This page is not a substitute for legal advice.