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Rural Development And Panchayati Raj Department - Chickballapur Karnataka
Posted by: Mytaxmitra Posted date: 5:34 PM / comment : 0 Opportunity

Last Date : 15/04/2014
Independent Concurrent Audit Of The Schemes of Rural Development & Panchayat Raj Department In Karnataka.
Address: Rural Development And Panchayati Raj Department,MS Bldg, 3rd Gate, 2nd Floor RDPR Dept, GoK, Bangalore 080-22342162
Phone:
Email: nregs-ka@nic.in
Click Here to Download the Tender Documents
All form under RSUB/PUCL would be processed by concerned officials of the ROC/RD/Central Government
Posted by: Mytaxmitra Posted date: 4:24 PM / comment : 0 Company Law
All forms under RSUB/PUCL would be marked back to respective officials of the ROC/RD/Central Government as the case may be starting midnight 25 Mar 14. The forms would be processed by the respective officials. However, “Form FTE”, “Form EES2010”, “Form EES2011”, “Refund Form”, Investor Complaint Form” and all LLP forms” would continue to be allowed for filing under RSUB/PUCL.
MCA21 Stopped accepting Offline payment facility (Challan, NEFT and Pay Later) from 26th Mar 2014 Till 31st Mar 2014
Posted by: Mytaxmitra Posted date: 3:52 PM / comment : 0 Company Law
Offline payment facility (Challan, NEFT and Pay Later) would be stopped from 26th March 2014 till 31st March (both days inclusive). You are requested to make payment only through online mode (Credit/Debit Card and Net Banking)
Banks & Income Tax office to remain open on last three days on Year ending 31/03/2014
Posted by: Mytaxmitra Posted date: 11:00 AM / comment : 0 Income Tax, RBI
Invitation to act as Checker for Chartered Accountants Examinations
Posted by: Mytaxmitra Posted date: 10:50 AM / comment : 0 CA CS CWA
No.13-CA (Exams)/CheckEmpanel/May-14 | March 18, 2014 |
Those who had applied to act as Checker for the examinations held earlier are also required to apply online afresh.
Members desirous of empanelling as checker may click here.
ICAI Correction Window for May-2014 Online Exam Forms - ICAI
Posted by: Mytaxmitra Posted date: 10:48 AM / comment : 0 CA CS CWA
Companies Act 2013 Key Features in PPT by ICAI
Posted by: Mytaxmitra Posted date: 7:43 PM / comment : 0 CA CS CWA, Company Law
ICAI to help EC make political funding more transparent
Posted by: Mytaxmitra Posted date: 7:26 PM / comment : 1 CA CS CWA
How to Calculate Interest u/s 234A, 234B & 234C ? Download Excel Calculator
Posted by: Mytaxmitra Posted date: 11:47 AM / comment : 0 Download, Income Tax
Section 234A, 234B and 234C deals with interest for delay in ITR Filing or Short/Non deposit of Advance tax. Interest is payable under section 234A for delay in furnishing of income tax return in time. Interest is also payable under section 234A and 234B for deferring or non payment of advance tax as required under section 208 of the Income Tax Act, 1961.
CLICK HERE TO DOWNLOAD THE EXCEL CALCULATOR
Donate for the cause of India - BJP
Posted by: Mytaxmitra Posted date: 6:29 PM / comment : 0 MISC
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Dear Friends,
2014 is going to be a milestone in India's destiny.
Today our nation is at the cross roads. This is the time for all citizens to come together and contribute towards building a strong and vibrant India.
The Bharatiya Janata Party puts the nation first. To build a strong and vibrant India, we need a visionary leader with a proven development track record.
We request your support for of our party's Prime Ministerial Candidate Shri Narendra Modi by contributing to the #ModiForPMFund and helping us build a clean and transparent polity.
Donate for the cause of India!
We also request you to spread the message to your friends and family and make this a mass movement.
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With Best Regards,
Team BJP | |||||
Follow us on
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Assesses Mobile and Email id to be updated into Income tax e-Filing Website
Posted by: Mytaxmitra Posted date: 6:13 PM / comment : 0 Income Tax
Income Tax Department is now asking for assesses mobile number and email id to be updated in e-filing website and they have also given an option to add CA mobile number and email id.
PAN of Landlord Required for Rent payment more than Rs.1,00,000/- Per Annum
Posted by: Mytaxmitra Posted date: 5:13 PM / comment : 0 Income Tax
Digital signature issuing for 2 year stopped due to some technical Issue till further notice
Posted by: Mytaxmitra Posted date: 4:47 PM / comment : 0 Digital Signature
The Controller of Certifying Authorities of India are renewing their root certificate, this means that, download for 2 years validity of Digital Signature Certificate, shall be forced to be downloaded into 1 year validity from 10th March 2014. The process of renewing this root certificate may take some time. Post the renewal download of the 2 years certificate will be available as usual.
How to Send Screenshot online- Pasteboard
Posted by: Mytaxmitra Posted date: 4:26 PM / comment : 0 MISC
Empanelment of CA firm for concurrent audit of Andhra Bank
Posted by: Mytaxmitra Posted date: 11:49 AM / comment : 0 News, Opportunity
Empanelment of Chartered Accountant firm for concurrent audit assignment of Andhra Bank – Terms and conditions | |||
1 | Andhra bank invites applications from practicing Firms of Chartered Accountants, who are willing to have their Firm empanelled as Concurrent auditor of the bank. | ||
2 | Applicant should be a partnership firm with minimum two partners as FCAs / Proprietory concerns ( Proprietor should be an FCA) with minimum standing of 5 years. Preference shall be given to partnership firm | ||
3 | The audit Firm having CISA/ DISA qualified partners/ Proprietors would have preference. | ||
4 | The Firms will be selected from the RBI panel as per gradation suggested for branch Statutory Auditor appointment | ||
5 | Period of the assignment is from April 2014 to March 2015 and the last date for submission of application is 20.03.2014. | ||
6 | The concurrent audit is to be carried out as per the guidelines issued by ICAI /RBI /GOI and our bank from time to time. | ||
7 | The Audit Firm should undertake that they will not subcontract the audit assignment | ||
8 | The firm should have necessary office set up and adequate personnel to ensure proper deployment and timely completion of the assignment. | ||
9 | While accepting the assignment, the firm should execute undertaking of fidelity and secrecy on its letterhead in the format prescribed by the Bank. | ||
10 | A declaration to be furnished by the firm that credit facilities availed by the firm or the partners or firms in which they are partners or directors including any facility availed by a third party for which the firm or its partners are guarantors are not turned or are existing as nonperforming assets as per the prudential norms of RBI. In case the declaration is found incorrect , the assignment would get terminated besides the firm being liable for any action as per ICAI/ RBI guidelines. | ||
11 | The Firm/ any partner of the Firm should not be statutory auditors of our bank for the year 2013-14. | ||
12 | The Firm/any partners should not have any disciplinary matters pending with ICAI/ RBI and they should not have suffered any disqualification including Section 226 of the Companies Act. | ||
13 | The audit Firm provisionally selected only, will be intimated. No individual intimation will be sent to others. | ||
14 | A qualified chartered accountant has to visit the Branch at least twice a week to supervise the audit work. The Audit Firm is required to conduct the audit work for a minimum of 21 working days in a month. | ||
15 | Bank reserves the right to terminate the assignment by giving one month’s notice in writing if it is found that the quality of the audit is not satisfactory. In case the auditors choose to resign, one-month prior notice should be given to the Branch/Zonal Office/ Head Office and in such a case the assignment will get terminated only after the Head Office issues communication accepting the resignation. | ||
16 | Concurrent Audit also includes short inspection. Short inspections are to be conducted as per the directions of Zonal Office and the report should be submitted to the concerned Zonal Office. | ||
17 | Concurrent auditors are required to carry out Limited review of accounts for all specified quarters | ||
18 | Verification of Forex Transactions: (applicable to all “B” category branches) a. Concurrent auditors will have to carry out 100% verification of bills of entry in respect of import transactions and submit a separate certificate on quarterly basis. b. EDI copy of shipping form along with SDF have to be verified for ensuring that Short realization or Non Realizations allowed if any are within the powers delegated to them or duly approved by RBI. c. Concurrent auditors have to verify export bills written off during the month and certify that the branch has recovered export incentives availed by the exporter as per RBI guidelines, while writing off the unrealized export bills. d. This report is to be sent to Investment and International Banking Department, Mumbai. Copy of the covering letter to be sent to Inspection and Audit Department, Head Office. . | ||
19 | Concurrent audit has to be carried out on a daily basis covering transactions of all the working days of the calendar month as per Risk Based concurrent audit. Reporting however will be on monthly basis. | ||
20 | Concurrent audit extends to Extension Counters attached to the branch and all other areas of branch operations without exception including ATMs attached to the branch / Forex business etc. You may also report on any other relevant aspects, which you may come across during the course of the Audit without restricting yourself to Structured Format of reporting. | ||
21 | The fee for concurrent Audit ranges from Rs. 13,000 to Rs. 26,000 p.m based on size of business of the branches. In addition to the monthly fees, the following additional payments are also payable • Rs. 500 for every Extension Counter attached to the Branch per month. • Rs. 500 per fortnight for all Forex Category A & B Branches as per format for issuing fortnightly certificates • 10% of quarterly fee is given for certification of quarterly accounts • Service Tax payable is extra and TDS will be deducted at source. • One qualified Charted Accountant is eligible for TA & DA for conducting outstation unit inspections /stock audits/short inspections and for attending joint meetingss convened by Zonal offices as per eligibility of concerned Branch Managers. • For conducting short inspection, a fee of Rs.1500/- per borrowal account for the number of accounts in excess of 10. | ||
22 | The concurrent auditor has to submit the report by 10 th of succeeding month. Penalty by way of deduction of fee by 10% would be imposed, if the report is not submitted by 20 th of the succeeding month. | ||
23 | The Auditor/Audit firm will be responsible for not reporting serious irregularities/discrepancies/frauds/gross negligence/ malafide intention (With or without financial loss). Further Bank reserves the right to terminate the audit assignment besides notifying such deficiencies and in competencies to the Council of ICAI / RBI/ IBA. | ||
For Technical Support you may call us at 040-23122265 (Ext-501) (10.30 AM to 5.30 PM only) Click Here to Apply |
How to Download 26QB & Form 16B From Traces after Tax Payment Made u/s 194IA
Posted by: Mytaxmitra Posted date: 11:31 AM / comment : 0 Download, Income Tax
- Once this link is opened click on Form 26QB (Payment of TDS on sale of property).
- Select (0021) in case of non corporate payer and 0020 in case of corporate payer.
- On filling in the various details called for in that form, click on ‘Proceed’ at the bottom of the page, this will then take you to the next page, which will give you the option to select your bank.
- Once you select the bank, then login using the normal online process for your bank.
- Once the payment is made the bank will let you print challan 280 with a tick on (800), which is payment of TDS on sale of property.
- Take a printout of the challan and keep the same for your records and for the builder/seller if required.
How to Remove Password from password protected PDF( ITR V)
Posted by: Mytaxmitra Posted date: 12:12 PM / comment : 0 MISC
Frequently Asked Question ( FAQ) Relating to Karnataka Value Added Tax
Posted by: Mytaxmitra Posted date: 7:51 PM / comment : 0 Sales Tax
Procedure of registration under the provisions of the KVAT Act, 2003
Posted by: Mytaxmitra Posted date: 6:57 PM / comment : 0 Sales Tax

Due Dates of Forms under the KVAT( Karnataka VAT ) Act
Posted by: Mytaxmitra Posted date: 6:49 PM / comment : 0 Sales Tax
Sl.No.
|
Form -
No
|
Subject
|
Due
Date
|
|
|
|
|
1
|
Form VAT – 1
|
Application for Registration under
|
At the time of
|
|
|
KVAT
Act,2003
|
registration
|
|
|
|
|
2
|
Form VAT – 2
|
Amendment of VAT / CoT Registration
|
Whenever there is a
|
|
|
details
|
change
|
|
|
|
|
3
|
Form VAT – 3
|
Additional Places of Business Address
|
Whenever additional
|
|
|
details
|
place
of business is
|
|
|
|
added
|
4
|
Form VAT – 4
|
Partner details form
|
Whenever there is a
|
|
|
|
change
in constitution of
|
|
|
|
firm
|
5
|
Form VAT – 5
|
Authorized Signatories Form
|
Whenever new
|
|
|
|
authorisation
is given.
|
6
|
Form VAT – 6
|
Form to update registration data
|
Before April 30th of
|
|
|
|
every
year.
|
7
|
Form VAT – 100
|
Monthly return of turnover
|
ON or before 20th of
|
|
|
|
every
month
|
|
|
|
|
8
|
Form VAT – 110
|
Return for causal traders
|
ON or before 20th of
|
|
|
|
every
month
|
|
|
|
|
9
|
Form VAT – 120
|
Tax Returns for composition dealers
|
ON or before 15th of
|
|
|
|
every
month
|
|
|
|
|
10
|
Form VAT – 125
|
Monthly Statement of tax deducted by
|
ON or before 20th of
|
|
|
Govt.Dept.
|
every
month
|
|
|
|
|
11
|
Form VAT – 126
|
Monthly statement of tax deducted at
|
ON or before 20th of
|
|
|
source
(for industrial canteens)
|
every
month
|
|
|
|
|
12
|
Form VAT – 127
|
Monthly statement of tax deducted at
|
ON or before 20th of
|
|
|
source
for certain goods
|
every
month
|
|
|
|
|
13
|
Form VAT – 135
|
Annual statement for COT dealers
|
Before 30th May of every
|
|
|
|
year
|
|
|
|
|
14
|
Form VAT – 140
|
Certificate of payment of tax by Agent
|
Within 25 days after
|
|
|
|
close
of month
|
|
|
|
|
15
|
Form VAT – 145
|
Declaration for purchase of goods on
|
Within 10 days of close
|
|
|
behalf
of principal
|
of
month
|
|
|
|
|
16
|
Form VAT- 152
|
Challan for payment of tax and Reg.Fee
|
As and when required
|
|
|
.
|
|
|
|
|
|
17
|
Form VAT – 153
|
Challan- for payment of miscellaneous
|
As and when required
|
|
|
amount
|
|
|
|
|
|
18
|
Form VAT – 155
|
Application for permission to pay tax
in
|
As and when required
|
|
|
installments
|
|
|
|
|
|
19
|
Form VAT – 240
|
Audited Statement of Account under see
|
On or before 31st Dec.
|
|
|
31(4)
|
every
year
|
|
|
|
|
20
|
Form VAT - 530
|
Application for issue of transit pass
|
At the time of entry into
|
|
|
|
the
State at the entry
|
|
|
|
check
post
|
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