Monday, February 2, 2015

[aaykarbhavan] Re: {Amresh's CA's} Re: {Amresh's CA's} Judgments and Infomration , Empanelment For Concurrent Auditor , Bank of Baorda,



No sooner than later. Apply as early as possible and why and what are you waiting for ?
Good luck.
Shah D J


On Monday, 2 February 2015 11:29 AM, "deepak khandelwal deepak9102000@yahoo.com [ICAI_CIRC_MEERUT_CA]" <ICAI_CIRC_MEERUT_CA@yahoogroups.com> wrote:


 
Can any one tell the last date of filing concurrent audit application of BOB
Thanks & Regards
 
CA.Deepak Khandelwal
B.Com. FCA DISA(ICA)
M/s Jain Dixit & Co.
Chartered Accountants
Agra
Ph: (0562) 4044426
Mob:09319105505
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On Saturday, 31 January 2015 8:50 PM, "Dipak Shah djshah1944@yahoo.com [ICAI_CIRC_MEERUT_CA]" <ICAI_CIRC_MEERUT_CA@yahoogroups.com> wrote:


 



Guideline for  Application for empanelment for Concurrent Audit with Bank of Baroda for Finacial Year 2015-16 No columns of application are to be kept blank. Incomplete applications and / or applications not in format may be rejected without any further reference. Since large number of applications is received for limited number of vacancies, no communication […]
Application format and covering letter is attached.

Empanelment of CA Firms for Concurrent Audit of Bank of Baroda for FY 2015-16

Guideline for  Application for empanelment for Concurrent Audit with Bank of Baroda for Finacial Year 2015-16
  • No columns of application are to be kept blank.
  • Incomplete applications and / or applications not in format may be rejected without any further reference.
  • Since large number of applications is received for limited number of vacancies, no communication will be sent by the Bank and no correspondence will be entertained in respect of firms, which are not being selected.
  • No Annexure/Extra papers to be enclosed without being called for except copy of grade suggested by RBI for Statutory Audit be enclosed.
  • The existing Concurrent Auditors which are completing -03- Financial Years as on 31 .03.2015 with BOB need not apply as the firms will be under cooling period for minimum -02- years.
  • The firms which will not be completing -02- years of cooling period as of 31.03.2015 need not apply.
  • Other existing Concurrent Auditors also need not submit their application form to Central Internal Audit Division. They should send Soft Copy only to the concerned ZIAD.
  • Submit the application through e. mail on bcc@bankofbaroda.com in WORD FORMAT (No scanned Copies) followed by Hard Copy on address mentioned at forwarding copy.
  • Grade suggested by RBI for Statutory Branch Audit as available on website mefcai.org is compulsory for appointment of Concurrent Auditors.
  • Proprietorship Firms and Individual CA are not considered for appointment at Metro and Urban Centres.
- See more at: http://taxguru.in/chartered-accountant/empanelment-ca-firms-concurrent-audit-bank-baroda-fy-201516.html#sthash.eEamWpME.dpuf

ITAT restores matter to CIT(A) for fresh consideration as Sec 271(1)(c) wrongly applied instead of Sec 271AAA; Search u/s.132 was conducted in assessee' s premises wherein undisclosed income was revealed, pursuant to which the AO invoked sec 271AAA; CIT(A) however deleted penalty u/s.271AAA as the recording of statement u/s 132(4) was without specifying manner of derivation of income and by relying on Gujarat HC in Mahendra C Shah; ITAT observes "The two sections, i.e., s. 271(1)(c) and s. 271AAA, are not only worded differently, with thus different concomitant scopes, are rather mandated to operate exclusively" ; Section 271AAA mandates "substantiation of the manner in which the undisclosed income is derived by assessee as per statement recorded u/s 132(4), whereas 271(1)(c) implies no such requirement of substantiation" ;;Concludes though AO clearly recorded a finding both in respect of assessee having failed to specify the manner in which the undisclosed income was derived as well as of the assessee having failed to substantiate the same, CIT(A) grossly erred in taking note of these findings while arriving at his decision; Holds CIT(A)'s reliance on Gujarat HC in Mahendra C Shah is misplaced as the observations therein apply to Sec 271(1)(c) which has requirements different from Sec 271AAA : Mumbai ITAT










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Posted by: Dipak Shah <djshah1944@yahoo.com>


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