NATIONAL INSTITUTE OF TECHNOLOGY

Preliminary Utilization Certificate for Grant-in-Aid Received During the Year 2007-08

Receipts					Payments
S. No	Particulars	Recurring	Non-recurring	Total	S. No	Particulars	Recurring	Non-recurring	Total
1	Unspent balance brought forward from previous year i.e. 2006-07	12,20,795,59	3,13,92,010.73	3,26,12,806.32	1	Total expenditure for the year 2007-08	7,28,276.00	1,87,51,831.85	1.94,80,107.85
2	Grant-in-aid received vide letter Nos. i- AICTE / Amn / NIT / 2007-08 dated 2.9.2007 ii- F-21-16/2007-TS-III dated 28.2.2008	-- --	2,00,00,000.00 1,00,00,000.00	3,00,00,000.00	2	Unspent balance carried over to subsequent year i.e., 2008-09	4,92,519.59	4,26,40,178,88	4,31,32,698.47
	Total	12,20,795,59	6,13,92,010.73	6,26,12,806.32			12,20,795,59	6,13,92,010.73	6,26,12,806.32

The Utilization certificate is preliminary and are subject to change as a result of final closing of accounts and audit check. However, it is certified that the conditions on which grant in aid was sanctioned has been duly fulfilled and the money was actually spent for the purpose for which it was sanctioned.

Preliminary Utilization Certificate for Grant-in-Aid Received During the Year 2007-08

Receipts				Payments
S. No	Particulars	Amount	Total	S. No	Particulars	Amount	Total
1	Unspent balance brought forward from previous year i.e. 2006-07	89,18,769.00	89,18,769.00	1	Total expenditure for the year 2007-08	16,75,06,281.55	16,75,06,281.55
2	Grant-in-aid received during the year 2007-08 vide letter Nos. i. F.21-17 / 2006 – TS-III dated 13.3.2007 ii. F.21-12 / 2007 – TS-III dated 27.6.2007 iii. F.21-12 / 2007 – TS-III dated 3.9.2007 iv. AICTE / Admn / NIT / 2007-08 dated 20.9.2007 v. F.21-12 / 2007 – TS-III dated 26.2.2008	1,00,00,000.00* 3, 50,00,000.00 3,50,00,000.00 3,50,00,000.00 3,50,00,000.00	15,00,00,000.00 **	2	Unspent balance carried over to subsequent year i.e., 2008-09	1,08,79,713.93	1,08,79,713.93
3	Institutional Income for the year 2007-08	1,83,38,017.48	1,83,38,017.48
4	Hostel / Staff Quarter Rent	11,29,209.00	11,29,209.00
	Total	17,83,85,995.48	17,83,85,995.48				17,83,85,995.48

** Excludes Rs.2,50,00,000.00 sanctioned vide letter No. F.21-12/2007-TS-III Dated 28.3.2008 for the year 2007-08 but actually received by the Institute in the year 2008-09. Hence accounted for in the year 2008-09.

The Utilization certificate is preliminary and is subject to change as a result of final closing of accounts and audit check. However, it is certified that the conditions on which grant in aid was sanctioned has been duly fulfilled and the money was actually spent for the purpose for which it was sanctioned.

* Amount was sanctioned in March, 2007 but received April, 2007, hence accounted in the year 2007-2008.