J&K Grameen Bank Concurrent Audit Empanelment of CA Firms for FY 2025-26

J&K Grameen Bank Concurrent Audit Empanelment of Bank Retirees, Partnership firms of Chartered/Cost Accountants for Financial Year 2025-26. Last date 28.02.2025

J&K Grameen Bank invites applications on the under-noted prescribed format from Bank Retirees as well as practicing ‘Firms / Partnership firms of Chartered/Cost Accountants in India’ who fulfill the eligibility criteria as mentioned hereunder and are willing to serve J&K Grameen Bank as Concurrent Auditors for conducting Concurrent Audit of branches for the Financial Year 2025-2026.

The Bio-data along with requisite supporting documents should be submitted on the prescribed Formats to The Chief of Audits, Inspection & Vigilance Department, J&K Grameen Bank, Head Office, Narwal, Jammu. Pin code – 180006 by Hand / Post / Courier receivable on or before 28.02.2025 (till working hours). Any application received after 05:00 pm on 28.02.2025 will not be entertained for the concurrent audit assignment for FY 2025-26

Eligibility Norms: –                                             

1. The CA/CA firm must be registered & having Certificate of registration from ICAI/ICWAI.

2. The registration of CA/CA firm with ICAI/ICWAI should be on or before 01.04.2023. The CA/CA firm registered with ICAI/ICWAI after 01.04.2023 is not eligible for the Concurrent Audit.

3. It must have sufficient manpower with requisite skill levels and infrastructure to conduct the audit in a professional and specialized manner.

4. Not Delisted/depanelled by any Bank/Financial Institution

5. Not associated with Banks Statutory Audit: – It is to be ensured that the audit firm or any sister / associate concern / network firm is not conducting the Statutory Audit of the Bank or any of its Business Units.

Banking/Audit Experience: – Weightage/preference will to be given to a firm having exposure in conducting Concurrent Audit of the Bank Business Units for a few public sector / major private sector banks

“Application for “Empanelment of CA Firm for Concurrent Audit” should be mentioned on the envelope, carrying Bio-data.

The last date for receipt of application with Bio-Data at our office is 28^th of February, 2025 till close of working hours, at the following address:

The Chief of Audits, Inspection & Vigilance
J&K Grameen Bank
Head Office, Narwal
Jammu. J&K
Pin: 180006

Download Detailed Requirements and Format of Application >>

• Penalty u/s 271B for unfilled column 40 in Tax Audit Report Form 3CD deleted by ITAT
• Merely ex-parte rectifying computation without amending assessment order not make it nullity- ITAT
• Once assessee discharges primary onus, it shifts to AO to bring evidence to contrary – ITAT
• Cost Inflation Index for FY/Tax Year 2026-27 notified by CBDT. See Up-to-date Table of CII
• Power of CIT(A) u/s 251(1)(a) to remand case can be exercised only in best judgment assessment