personal responsibility

Income tax department ask bankers to deduct and pay TDS properly

This seems to be the message of the I-T department, which has undertaken a sensitisation drive to make the DDOs aware of their responsibilities. As part of this, the I-T's TDS wing organised a seminar on Friday for officers of nationalised banks' branches, except those of the State Bank of India, in Patna in which about 90 bankers took part.
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Coordination between internal and external auditors

Internal Audit is a service to management. Its functions include examining and evaluating internal control and providing assurance to the management. It is a part of the organisation's system of internal control and its scope includes ALL aspects of internal control, not just financial control.. The scope of internal audit is much wider than statutory/external audit. It should ideally cover all the organisation’s activities. They include:
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