format of concurrent audit report of bank

News

Govt says it respects the autonomy of RBI


There has been a report in sections of the Press that some unions have alleged infringement of the autonomy of the Reserve Bank of India It is categorically stated that the Government fully respects the independence and autonomy of the Reserve Bank of India Consultations between the Government and t

Bank to obtain PAN or Form 60 for all Bank accounts


Income tax Rules amended to provide that bank shall obtain and link PAN or Form No 60 where PAN is not available in all existing bank accounts other than BSBDA by 28 02 2017 Income tax Rules have been amended to provide that bank shall obtain and link PAN or Form No 60 where PAN is not available in

Old notes returned figures might change says RBI


Clarification regarding Specified Bank Notes SBNs There had been various estimates on SBNs tendered in certain sections We would like to clarify that the periodical SBN figures released by us were based on aggregation of accounting entries done at the large no of Currency Chests all over the country

Updated FAQ on withdrawal of old bank notes


Withdrawal of Legal Tender Character of the Old Bank Notes in the denominations of 500 and 1000 and The Specified Bank Notes Cessation of Liabilities Ordinance 2016 Updated as on January 04 2017 1 Why was the Scheme of Withdrawal of Legal Tender Character of the old Bank Notes in the denominations o

Date for deposit of old notes extended for citizens who were abroad


RBI introduces Facility for Citizens and NRIs who were Abroad for Exchange of SBNs The Reserve Bank of India has introduced afacility of exchange of specified bank notes SBNs to give an opportunity to Indian citizens and non resident Indian NRI citizens who were abroad during November 9 2016 to Dece

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Experts Opinions

Appointment of auditor for pvt ltd


is it compulsory to appoint auditor in pvt ltd co

Regarding release bank guarantee


Dear Sir Mam Is there any provision for release Bank Guarantee after submission the case to Tribunal

mvat audit f.y.15-16


What is the due date of filling mvat audit report for f y 15 16 in Maharashtra

Format for cash flow statement for a normal partnership firm


How to prepare CFS for a Partnership Firm As AS 3 Format is applicable for Companies What is the CFS Format for Normal Firm

how to audit of VAT, TDS,PT


dear expert s Check list for auditing of the following 1 Vat 2 TDS 3 PT 4 service tax

Discussion

Transfer from savings bank to nro/nre

Hello My brother who is an NRI had loaned me 20 lakhs for the construction of my house 4 years ago Now I need to return back the money Is it possible for me to transfer it to his NRO NRE account What is the procedure for the same Are the rules different from NRO and NRE account Can i transfer from m

Appointment of auditor

draft of letter of appointment of auditor for coop society

Appointment of auditor

draft of letter of appointment of auditor for coop society

Bank Audit

CA FINAL AUDITStrategic Debt Restructuring SDR introduced in year 2015 is it applicable for CA FINAL may 2017 exams or not

Vat on dam project aided by world bank

DEAR SIR WE ARE A CIVIL CONTRACTOR FIRM WE HAVE BEEN AWARDED A PROJECT FOR REHABILITATION AND IMPROVEMENT WORK OF A DAM IN JHARKAHND THIS PROJECT IS FUNDED AND AIDED BY WORLD BANK WE WANT TO KNOW WHETHER VAT WILL BE LEVY ON THE CONTRACT OR IT WILL BE A EXEMPTED SERVICE

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File Download

  • How to file EPF ECR in new portal

    I have explained How to generate ECR and how to file returns in EPF new portal
  • How Asset Prices Interact with Bank Credit and Monetary Policy?

    How Asset Prices Interact with Bank Credit and Monetary Policy
  • Income tax (1st Amendment) Rules, 2017

    Furnishing of Permanent Account Number or Form 60 as the case may be on or before 28th February 2017 is made mandatory for persons having an account with banking company or a cooperative bank to which Banking Regulation Act 1949 applies 15th January 2017 is the due date for submitting Form 61 where the aggregate of cash deposits between 9th November 2016 to 30th December 2016 is more than two lakh fifty thousand Government has mandated the specified class of persons under Rule 114E to report cash deposits made during the period 01 04 2016 to 09 11 2016 aggregating to an amount exceeding the limits as specified in Sl No 12 of Rule 114E Please find the attached PDF file for details
  • Information technology notes for CA IPCC

    Best notes for IPCC
  • Fixed Assets Format

    Xls

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Articles

Mentioning PAN for the banking and monetary transaction


Mandating PAN in the banking transactions is a very impressive step by the Govt of India This will help to monitor the flow of transactions made by each person In last 3 months there are number of notifications which was passed by the Govt to keep track to all the transactions to bring transparency


Converting invalid date formats to valid ones in excel


By default Excel accepts date input in MM DD YY format US format unless you change the control panel settings of your PC Example 22 10 2007 or 22 10 2007 date may be considered invalid Important Note Technically every valid date is a number to Excel Lets see how Text to Columns can help clean date f


Changing the data format of a column in excel


Lets see how to split the data into multiple columns This is also part of data cleaning Sometimes your data are in one single column and you need to divide it into multiple adjacent columns for applying Sort Filter or Pivot table All the information is in one single column but you need to separate i


IND-AS/ IFRS - Write-offs (Banks)


While Indian Banks will converge towards IND AS IFRS with effect from 1 April 2018 onwards Some of them already started taking action to make their books in line with the requirements of IND AS There are many areas where Banks needs to work upon However in this article we will touch upon some potent


Christmas gift - 6% Profit on Trading through bank


Arjuna Fictional Character Krishna Christmas is a festival which is celebratedhappily all over the world In this festival Santa Claus gives many gifts What kind of gifts is given by the Income Tax Department to small scale traders on this occasion of Christmas Krishna Fictional Character Arjuna Ever


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Updated on : 1/15/2017 1:32:12 PM


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