Airport Authority invites application of concurrent audit of FY 2023-24.

Airports Authority Of India, invites application of concurrent audit of Regional Headquarters Western Region Mumbai for FY 2023-24. Last Date 16.08.2023

Engagement of Auditors for conducting Concurrent audit of RHQ WR for FY 202324

AAI invites Tender from Chartered Accountant / Cost and Management Accountant firms for conducting concurrent Audit of AAI, RHQ, WR for the FY 2023-24. The Estimated Cost of the tender is Rs.12,90,000/- plus GST (as applicable)

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The complete tender document shall be submitted online as per tender offer on or before the due date and time of submission. Tender documents through offline mode will not be entertained in any case.

The offer (both Technical & Financial) must be valid for a minimum of 180 days from the last date of online submission of offer; otherwise the offer shall be rejected as non-responsive.

Audit is to be carried out by the firm for systematic examination of all financial transactions and related documents to ensure the accuracy and compliance with the Audit system, procedures and guidelines of AAI, CAG and other Statutory Authorities. Audit has to be carried out in respect of following Airport/Region of AAI:

1 Engineering Department
2 Operations Department
3 ATC/ANS/CNS Department
4 Technical Department
5 IT Department
6 Commercial Department
7 Land Management Department
8 Finance Department
9 Legal Department
10 HR/Admin Department
11 Security Department

Scope of the Audit Click Here >>

• AO took a reasonable stand that 25 kg written in WhatsApp chat was 25 lakh – ITAT
• Shareholders can’t be taxed for income from properties owned by the company – HC
• Jurisdictional error in reassessment approval can’t be shielded by the law of limitation
• ITAT ought to remanded whole matter of bogus purchases instead of profit determination
• Where proceedings u/s 153C barred by limitation, AO can’t invoke section 148 & 148A