J&K Bank Ltd. invites on-line applications for empanelment as Stock Auditors

The Jammu & Kashmir Bank Ltd. invites on-line applications for empanelment as Stock Auditors for 3 Financial Years i.e. from FY 2026-27 to FY 2028-29 from intended Chartered / Cost Accountant firms who are interested to conduct the Stock/book debt and receivables audit of Borrower Accounts maintained with Branches of the Bank in various states / UT’s  across the country.

Applications can be submitted online by or before 21^st January, 2026.

Hard Copy(ies) of the form/documents along with the necessary enclosures should reach In-charge, Supervision, Control & Audit Department, The Jammu & Kashmir Bank, Corporate Headquarters, M. A. Road, Srinagar, Kashmir by or before 05^th February, 2026.

Link to apply for J&K Bank Stock Audit Empanelment Click Here >>

All auditors/firms selected as Stock Auditors in 2023-24, 2024-25 & 2025-26 need not apply again this year.

Eligibility Criteria :

(i) The applicant should be a qualified Chartered/ Cost Accountant or a firm of Chartered/Cost Accountants, registered with Institute of Chartered Accountants of India / Institute of Cost Accountants of India. 

(ii) The applicant should possess practicing experience of at least 3 years. 

(iii) Minimum age of the individual stock auditor should be 25 years at the time of application. In case of firms, proprietor / any of the partners should not be of age below 25 years. However, at the time of empanelment the age of individual applicant / proprietor shall not exceed 65 years. For partnership firms at least one partner should be below 65 years of age at the time of empanelment.

(iv) Eligible Auditors / Audit Firms should be qualified under provisions of section 141 of Companies Act, 2013 for appointment as Auditors of the Bank. (v) The applicant should be a citizen of India. vi) The applicant individuals / firms as well as all partners must be income tax assesse.

Desirable Attributes:

Preference will be given to auditors 

a. Empanelment with PSBs/FIs/DRT/High Court/Supreme Court as stock auditor shall be treated as a preferred qualification, but not mandatory for being empanelled.

b. The firms having partners/personnel with engineering background and/or partners/personal experienced with SAP environment and/or partners/personal with CISA/DISA to assist stock audit will be given preference.

c. Audit firms from UTs of J&K and Ladakh as main area of operation may be given preference for their respective UTs/areas.

A hardcopy of application form along with all the necessary proofs and a copy of LOU (Letter of Undertaking) is to be sent to S, C & Audit Department, J&K Bank, M A Road Srinagar 190001, without which the application shall not be accepted.

Eligibility criteria for Empanelment of Stock Auditors
Form for empanelment of Stock Auditor
Letter of undertaking for empanelment of Stock Auditor

The eligible Chartered /Cost Accountant Firms are required to apply ONLINE through bank’s website. No other means/ mode of Application/Registration will be accepted. Click below links for details about Eligibility criteria and persons not qualifying for Empanelment as Stock Auditors:

The step wise guidelines for filling on-line application are as follows.

• Step 1:  Chartered /Cost Accountant Firms shall fill in particulars.
• Step 2 : Upload latest photograph.
• Step 3: Upload a copy of the latest constitution certificate issued by ICAI / ICWAI
• Step 4: Download letter of undertaking
• Step 5: Take printout of filled application form along with letter of undertaking and all proofs and send the same to S, C & Audit Department, J&K Bank, M A Road Srinagar 190001
• On successful submission of form, system will generate 14 Digit Application Number

Scanning Certificate/Photograph & Compatibility:

1. Paste the Photo on any white paper as per the required dimensions(w x h) 3.5 cm by 4.5 cm.  Scan the above required size and  do not scan the complete page.
2. The entire image dimension ( 3.5 cm by 4.5 cm) consisting of the photo is required to be scanned and stored in (*.jpe,*.jpeg,*.jpg) format on your local computer. 
3. Photograph must be a recent passport size colour picture against the light colour, preferably white background as per dimensions (3.5 cm x 4.5 cm) and size between 10 KB to 100 KB.
4. If the size of the file is less than 10 KB or more than 100 KB, then adjust the settings of the scanner such as the DPI resolution, no. of colours etc., during the process of scanning. 
5. If the size of the file is less than 10 KB or more than 100 KB, then adjust the settings of the scanner such as the DPI resolution, no. of colours etc., during the process of scanning.
6. For Scanning certificate, adjust  the settings of the scanner such that it yields an image in (*.jpe,*.jpeg,*.jpg) format file with size more than 40 KB and less than 1MB. Adjust the settings of the scanner such as the DPI resolution, no. of colours etc., during the process of scanning.
7. JavaScript should be enabled for your browser, if any case same is not enabled for your browser, application shall notify you the same and steps to enable the JavaScript on your browser.
8. BROWSER SUPPORT : This site has been developed and optimized for the browsers: Google Chrome , Internet Explorer and Mozilla Firefox . If you are using an older version or different browser that is having difficulty rendering this site, download and install the latest version of any of the above mentioned browser.
9. ADOBE PDF SUPPORT: For PDF documents, registration form , you are required to have Adobe Acrobat Reader
10. Users are advised not to press Refresh Button or resubmit form, while they are in mid of the registration.

• J&K Bank Ltd. invites on-line applications for empanelment as Stock Auditors
• Broken period interest on securities held as stock-in-trade is revenue expenditure
• Reassessment on basis of borrowed belief of Anti-Corruption Bureau quashed
• In considering disallowance u/s 40A(2) genuineness of expenditure not relevant issue
• Expression “Yes I am satisfied” in approval u/s 151 not a vital defect – ITAT