Indian Bank Empanelment of Concurrent and Stock Auditors for FY 2021-22
Indian Bank invites online applications from the practicing firms of Chartered Accountants of India, who are willing to have their firm empanelled as Concurrent Auditor & Stock Auditor in the bank.
Last date for applying online is 26.08.2021
Indian Bank-Empanelment of Concurrent/Stock Auditors
Link to apply online Indian Bank empanelment Click Here >>
On successful submission of application message with a Ref. No._____ will be sent to given mobile & mail ONLY.
Initial communication on assignment / letter will be sent to the above mail only, for any audit assignment allotted to any given branch of the auditor / firm, the receiver of the mail of the assignment is responsible to forward the mail to the concerned branch office of the firm under copy to the sender of the assignment.
Only one application under each audit for a particular RBIUCN (in case of Chartered Accountants) or New Registration No (in case of Cost Accountants) can be submitted.
Basic criteria for assigning for Concurrent Auditsof the bank are normally as under:
Last Fee Structure for Concurrent Audit was as under:
|Advance position of the branch as on 31st March||Fees per month (Rs)|
|Upto Rs. 50 crores||15000|
|Above Rs.50 and upto Rs. 125 crores||17500|
|Above Rs.125 and upto Rs. 250 crores||20000|
|Above Rs.250 and upto Rs.500 crores||25000|
|Above Rs.500 and upto Rs.1000 crores||30000|
|Above Rs.1000 and upto Rs.3000 crores||35000|
|Above Rs.3000 crores||40000|
|Additional fees for FOREX authorised branches
Fee Structure for Stock Audit:
|Fund based working capital limits||Fees per month (Rs)|
|Upto Rs. 2.00 crores||10000|
|Above Rs.2.00 and upto Rs. 5.00 crores||12000|
|Above Rs.5.00 and upto Rs. 10 crores||15000|
|Above Rs.10 and upto Rs.25 crores||17500|
|Above Rs. 25 and upto Rs.100 crores||25000|
|Above Rs.100 crores||50000|
- GSTR-4 late fee payable for FY 2021-22 waived for the period from 01.05.2022 till 30.06.2022
- No revision u/s 263 simply because AO in order did not make elaborate discussion – ITAT
- Investigation on deposit of tax during the course of GST search, inspection or investigation
- CIT to make enquiries himself to allege assessment order as erroneous and prejudicial
- ITAT admits additional evidences as assessee died and legal heirs could not collect it in time