B.—l [PT. IV], Sup. TO 1940.

LAND AND INCOME TAX DEPARTMENT. Income and Expenditure Account fob the Year ended 31st March, 1940. . Expenditure. £ Income. £ Advertising 'So and " ta f 1,005,084 Advertising .. .. .. .. 1,749 Income-tax .. .. 1.1 <wa qaq Hire of machines and furniture .. .. .. 42 Film-hire tax " " qq'i»r Law-costs .. .. .. . 534 Unclaimed moneys .. .. .. .. io'i™ Motor-vehicles maintenance .. . . .. 250 Interest on public moneys . . 'in Office expenses .. .. .. .. 235 Postage and telegrams .. .. .. ~ 8 814 Printing and stationery .. .. .. 12 716 Printing social security stamps .. .. ~ 362 Rent.. .. .. .. .. .. 9,928 Refunds of unclaimed money .. .. .. 788 Repairs and renewals .. .. .. ~ 103 Telephone expenses .. .. .. . . 679 Transfer and removal expenses .. .. .. 79 Travelling expenses and allowances .. .. 3,334 Services rendered by other Departments— Customs Department: Collection of deposits .. 35 Post and Telegraph Department: Collection of tax, &c. .. .. .. .. ~ 29,230 Valuation Department: Contribution towards expenses .. .. .. .. .. 19,238 Interest 011 income-tax paid in advance .. .. 11,132 158,103 Depreciation .. .. .. .. ~ 4 406 Balance carried down .. .. .. 12,887,348 £13,049,857 £13,049,857 £ £ Interest on capital .. . .. .. 1,230 -Balance brought down .. .. .12 348 liixcess of revenue over expenditure .. .. 12,886,118 £12,887,348 £12,887,348 Balance-sheet as at 31st March, 1940. Liabilities. £ Assets. £ Capital .. .. .. .. .. 38- 765 Furniture and fittings .. .. .. .. 12 358 Sundry creditors ■ Appliances . . . . 4 664 Departmental .. .. .. .. 35,351 Library .. .. .. '' '' ' 562 Other . . .. ~ .. .. 208,965 Motor-vehicles .. .. .. ~ 232 Suspense Account: Default assessments .. .. 150,000 Improvements to leasehold premises 20 <)4<i Excess of revenue over expenditure .. .. 12,886;118 Forms and stationery .. .. .1 "2,'008 Official stamps .. .. ~ _ 21 Expenses paid in advance . . .. ~ 220 Sundry debtors— Departmental .. .. 13 Others .. .. .. .. 1,105,120 Cash in Post Office .. .. . . .. 087 ■ 533 Treasury Adjustment Account .. .. .. 11,485,519 £13,319,199 £13,319,199 J. M. Park, Commissioner of Taxes. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the explanatory notes dealing with departmental accounts generally as appearing at commencement of parliamentary return 8.-l [Pt. IV].— Cyril G. Collins, Controller and Auditor-General:

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