JKPCL hiring Chartered Accountants for Accounting & Tax Services for FY 2024-25

Hiring of Chartered Accountant (CA) for Accounting & Tax related Services for JKPCL For FY 2024-25

JKPCL has invited e-bids from eligible Chartered Accountant (CA) firms for providing Accounting & Tax related services for JKPCL for FY 2024-25.

Jammu Kashmir Power Corporation Limited (JKPCL), a Public Sector Undertaking of Government of J&K UT, intends to hire Chartered Accountant (CA) Firm for Accounting & Tax related services. The Corporation is having 2 subsidiaries namely Jammu Power Distribution Company Limited and Kashmir Power Distribution Company Limited in addition to 6 no. accounting units/ subordinate offices, accounts of which are compiled and consolidated at Corporate Office level at Jammu/Kashmir..

Last date & Time for Tender submission :  4:00 PM on 12/07/2025
Cost of Tender Document and EMD: Rs. 500.00 (Rupees Five Hundred only) for Cost of Tender document and Rs. 10,000.00 (Rupees Ten thousand only) as Earnest Money Deposit to be submitted in the form of Demand Draft in favour of Chief Accounts Officer, JKPCL Jammu. Cost of Tenders document in the form of DD and EMD in the form of Bank guarantee/CDR/FDR shall reach the Chief Engineer Office, JKPCL, Gladni Complex, Narwal, Jammu by or before the last date of bid submission. However, scanned copy of cost of tender document and EMD shall be attached with the technical bid and uploaded on JK tenders.
Tender System: The bids shall be submitted online on www.jktenders.gov.in
Pre-Bid Queries: Pre-Bid Queries can be submitted online up to 02.07.2025 (4:00 PM) through email at this ID: cejkpcl2@gmail.com
Contact for correspondence and clarifications: Chief Accounts Officer, JKPCL Jammu Cell No.: 9419684855

Eligibility Criteria:

The Chartered Accountant Firm must possess/ qualify the following minimum eligibility criteria :

1. The firms must be registered with ICAI and with CAG for 2024-25.

2. The firms must have an average turnover of Rs. 40.00 Lakh (Rupees Forty Lakh) in the last three years.

3. The firm must have its registered office in Jammu & Kashmir, JK UT for last 5 years.

4. The firms should have experience of dealing with Government/ Semi-Govt Departments/ Corporations/Universities/Autonomous bodies etc. for last 5 years.

Scope of Work:

1. Double entry accounting in ERP Accounting software and Preparation / Compilation / Finalization of  standalone and Consolidated Books of accounts in accordance with the Companies Act, 2013 and Accounting Standards for the year 2024-25 (i) Ledger/Cash Book (ii) Trading Account (iii) Profit & Loss (P&L ) Statement (iv) Balance Sheet (v) Trial Balance (vi) Any other allied accounts book/statement

2. Filing of Income Tax TDS Returns, GST TDS Returns, GST & Income Tax Appeals & GST & Income Tax Consultancy services for 2025-26 and assistance in implementation of centralized Income Tax TDS Deposits & Centralized Filing of the Income Tax TDS Returns against Managing Director, JKPCL (Corporate office) GST/TAN/PAN only.

3. Consolidation of Annual Accounts of the Corporation with its subsidiaries in schedule VIin compliance with the Accounting Standards along with Notes to Accounts after posting of manual, journal vouchers and consolidation entries and finalization of the same for the year 2024-25.

4. To assist the Corporation in making available all requisite information to the Internal Auditors as well as Statutory Auditors, for the assigned period and assisting in the conducting of CAG Audit for 2024-25.

5. Any other duty assigned by the Managing Director, JKPCL or Chief Engineer (Trading), JKPCL pertaining to Accounting MIS, Tax matters etc.

Terms and Conditions:

1. The Chartered Accountants firms must be registered with ICAI.

2. The firms must have an average turnover of Rs.40.00 Lakh (Rupees Forty Lakh only) in the last three years.

3. The firms should be inexistence for at least 5 years as per the ICAI certificate.

4. The firms should be empaneled with CAG for 2024-25.

5. The firms shall submit supporting documents along with technical proposal in support of the minimum eligibility criteria.

6. The tenderer shall enclose with the tender, the photocopies of the PAN No./GST Registration certificate/any other relevant certificate.

7. Minimum Fee for the tendered work is Rs. 1,50,000/- for one financial year (inclusive of all taxes)

8. If any of the information/documents furnished by the Chartered Accountant Firm is found to be incorrect at any later stage, the offer will automatically stand cancelled without entertaining any correspondence.

9. The appointment of Chartered Accountant Firms will be for a period of 01 year extendable on the same rates by a period of next 01 year subject to approval of Competent Authority and satisfactory performance, on mutually agreed terms & conditions.

10. The Managing Director, Jammu Kashmir Power Corporation Limited (JKPCL) shall have the absolute discretion in allotting the job, increasing fees, stipulating terms and conditions for the appointment like experience in the field and termination of the services of the empaneled Chartered Accountant firm after giving due notice at any point of time including during the pendency of the contract.

11. The Managing Director, Jammu Kashmir Power Corporation Limited (JKPCL) reserves the right to terminate Contract/Assignment at any stage, if Managing Director, Jammu Kashmir Power Corporation Limited (JKPCL) is convinced that firm is not performing as per assigned job.

12. The Earnest Money deposit of Rs. 10,000/- in the shape of CDR/FDR/Bank Guarantee pledged in favour of Chief Accounts Officer, Jammu Kashmir Power Corporation Limited (JKPCL) should be enclosed with the technical bid.

13. The bidder must quote the rates in figures as well as in words correctly in the financial bid.

14. The financial bids will be opened only of those bidders who qualify the technical bid.

15. In case two or more qualifying bidders quote identical lowest amounts in their financial bids, L-1 shall be decided on the basis of higher total score in respect of Part A of the Annexure “B”- “Selection Criteria Table”, given here under in this document.

16. In case two or more qualifying bidders have identical total scores in respect of Part A of the Annexure “B”- “Selection Criteria Table” given hereunder, along with identical lowest financial quotes in their financial bids, the L-1 Bidder shall be the one with higher total score in respect of items 1, 4, 5 & 7 of Part A of the said Annexure “B”- “Selection Criteria Table”.

17. Canvassing directly or indirectly in connection with the bid is strictly prohibited and bids submitted by the firms who resort to canvassing, will be rejected.

18. The whole process of tendering can be called off without giving any prior notice or information by the Competent Authority.

19. A Non-refundable tender fee of Rs. 500/- by Demand Draft in favour of Chief Accounts Officer, Jammu Kashmir Power Corporation Limited (JKPCL), Jammu should be attached.

Download Tender Documents Click here >>

Download BoQ File Click Here >>

read latest abcaus posts

----------- Similar Posts: -----------

Leave a Reply