GOVERNMENT OF INDIA
Office Of The
CHIEF COMMISSIONER OF INCOME TAX(CENTRAL)- 2,
Aayakar Bhavan, Maharshi Karve Road, Mumbai — 400 020.
Chairperson of the Committee for Empanelment of Chartered Accountants
fir : 022-22034601, Fax : 22050614,
e-mail Id: [email protected]

No. Mum/ Pr. CCIT/ Coord. /U-II/ Empanelment/ 2021-22

Date: 27/07/2021

NOTICE

The Income-tax Department, Mumbai invites applications from qualified Chartered Accountant firms (within the meaning of the Chartered Accountants Act, 1949) for empanelment as Special Auditors for the F.Y. 2021-22 and 2022-23, to carry out audit in accordance with the provisions of sec. 142(2A) of the I.T. Act, 1961. The remuneration for the Special Audit is governed by Rule 14B of the I.T. Rules, 1962.

  • Minimum Eligibility Criteria:

(a) The applicant should be a reputed firm/proprietary concern engaged in the profession of accountancy and auditing having a staff strength of at least 10, and a minimum of 4 Chartered Accountants working continuously for at least the last one year including (partners/proprietor) as on 31.03.2021. (Adequate evidences supporting the claim of staff strength and strength of CAs to be enclosed with the application and marked as Annexure-A).

(b) The applicant should have accountancy and auditing experience of a minimum period of 7 years as on 31.03.2021 (Supporting evidences need to be added with application and to be marked as Annexure-B).

(c) The applicant should have filed returns of income regularly up to A.Y. 2020-2 land the average gross professional receipts of the applicant from accountancy and auditing exclusively declared therein should be at least Rs. 02 Crores or more in at least 2 of the last 7 years (i.e. from F.Y. 2013-14 to F.Y. 2019-20)

(i) Evidence supporting claim in this respect needs to be enclosed with the application and to be marked as Annexure-C

(ii) PANs, AO details of the applicant concern/firm and those of the partners need to be specified in the application

(d) The applicant should not have been charged with having indulged in any professional misconduct by the Institute of Chartered Accountants.

(e) No prosecution should have been pending/charged under Chapter XXII of the Income-tax Act or under any other statue, against the firm or its partners or against the proprietary concern, as the case may be.

(f) There should not be any Income-tax dues outstanding against the applicant concern or partners, in case the applicant concern is a firm, on the date of making the application.

(g) The applicant should not be facing any investigation/inquiry for tax evasion on the date of making the application.

(Declaration by the applicant in respect of fulfillment of clauses (d), (e), (f) and (g) as above needs to be enclosed with the application and to be marked as Annexure-D)

(h) The decision of the Department as regards the empanelment of CAs will be final and binding.

  • Terms and conditions:

(i) The remuneration including expenses of and incidental to any special audit shall be decided on a case-to-case basis in accordance with rule 14B of the I.T. Rules, 1962, and shall be paid by the Department.

(ii) The empanelment of CAs shall be made at the discretion of the Department, and the decisions made shall be final. Apart from the above mentioned minimum eligibility criteria, the Department reserves the right to consider other relevant factors/inputs/feedback/etc. while finalizing the list of empanelment of CAs.

(iii) Application should be submitted in the format given in the notice. Any application which is not in the format, will not be entertained.

Chartered Accountant firms and proprietary concerns fulfilling the above criteria may submit the application along with complete address, contact number and e-mail ID and other enclosures as mentioned above to the office of the Addl. Commissioner of Income Tax (HQ) Co-ordination, R.NO.372, Aayakar Bhavan, Mumbai 400 020.

Last date for submission of application is 12/08/2021. The duly completed applications received between the date of publication of this notice till the due date i.e. 12/08/2021 will only be considered. This notice alongwith Proforma for application is also available on our website www.incometaxmumbai.gov.in.

Yours faithfully

(Trilok Chand Meena)
Income Tax Officer (HQ) Co-ordination, Mumbai
& Member Secretary, Committee for Empanelment of CAs.

ANNEXURE-A

(i) No. of staff em.lo ed

Evidence in support of staff strength

(ii)No. of C.As employed with the firm

Evidence in support of strength of CAs

ANNEXURE-B

(i)

No. of years of auditing experience as
on 31.03.2020 along with evidence

(ii)

Membership No of C.A/Partners

(iii)

E-mail id of the C.A. firms and Partners

ANNEXURE-C

The amountof gross professional receipts from accountancy and auditing exclusively in the last 7 years along with evidences.

Year Gross professional receipts from accountancy Gross professional receipts from auditing
2013-14
2014-15
2015-16
2016-17
2017-18
2018-19
2019-20

ANNEXURE-D

Declaration by the applicant that clauses d,e,f,g in the Notice have been

fulfilled

ROFORMA FOR APPLICATION

1. Name of the applicant :

2. Complete Address of the applicant:

3. PAN of the applicant:

4. Details of the AO of the applicant:

5. Phone no. 86 Fax no. of the applicant:

6. Website address and email id of the applicant:

7. Details of the Partners/proprietor of the applicant:

Sl.No. Name of the

partner/proprietor

PAN Details of AO Membership No. Phone no 86 email id

8. Staff Strength and No. of CAs:

i. Total Staff strength as on 31.03.2021.

11. No. of CAs continuously working for at least one year as on 31.03.2021.

Evidence in support of (i) and (ii) above Enclose & mark as Annexure A

9. Minimum experience, empanelment with other Government Departments and details about outstanding work and suitability:

(a)No. of years of accountancy and auditing experience as on 31.03.2021 alongwith evidence No. of years: Enclose evidence and mark it as Annexure-B
(b) Is the applicant empanelled with any other Govt.agency? Yes/No
If yes then specify details on separate sheet and enclose.

(c) Please indicate any outstanding work done earlier as an empanelled auditor for the Income Tax Department:

Years in which empanelled as an auditor Outstanding work done

(d) Please indicate (in not more than 500 words) your suitability to be epanelled as a special auditor on separate sheet.

10. Details of returns of income and gross professional receipts of the applicant:

Has the applicant filed returns of income regularly up to A.Y.2020-21? Yes/No

If yes then, the details of filing of return in the last 7 years
Assessment Year Date of Filing Returned Income
AY 2014-15
AY 2015-16
AY 2016-17
AY 2017-18
AY 2018-19
AY 2019-20
AY 2020-21
  • The amount of gross professional receipts from accountancy and auditing exclusively in the last 7 years along with evidences to be marked as Annexure C.
FY Gross professional receipts
From accountancy From
auditing
From accountancy and auditing Total
2013-14
2014-15
2015-16
2016-17
2017-18
2018-19
2019-20

11. Declaration to be enclosed by the applicant and marked as Annexure-D in respect of fulfillment of clauses (d),(e),(f) and (g) of this notice.

On behalf of the applicant (name of the applicant), I, (name of the proprietor/partner), in the capacity of partner/proprietor, am authorized to certify that all the above mentioned particulars are true and correct.

Seal of the applicant
Date:

Name and signature of the authorized person
Designation of such person:

CHECKLIST

The applicants are advised to ensure that the applications to be submitted should be duly filled in along with the following details. Incomplete and incorrectly filled in applications are liable for rejection:

  • Main application on applicant’s letter head
  • Duly filled in PROFORMA FOR APPLICATION.
  • Annexure-A-supporting claim of staff strength
  • Annexure-B- supporting claim of years’ of experience
  • Annexure-C supporting claim of average gross professional receipts from auditing and accountancy being atleast Rs.2 crores in 2 years of the last 7 years.
  • Annexure-D- Self declaration in respect of fulfillment of clauses (d),(e),(f) and (g) of the notice.

All pages are to be duly signed and sealed.

(i)

a. Whether the applicant is a reputed partnership firm/proprietary concern primarily engaged in the profession of accountancy
b. Having a staff strength of at least 10, including a minimum of 4 Chartered Accountants (other than the partners/proprietor)

ii

Whether the applicant has auditing experience of a minimum period of 7 years as on 31.03.2021.

iii.

Whether the applicant has been charged with having indulged in any professional misconduct and any complaint u/s. 21 of the Chartered Accountants Act, 1949 for any irregularity filed against the applicant, with the Institute of Chartered Accountants

iv.

Whether the applicant has filed returns of income regularly upto A.Y. 2020-21 and the average gross professional receipts declared therein is Rs. 2 crore or more in at least 2 of the last 7 years

v.

Whether prosecution has been launched under Chapter XXII of the Income-tax Act or under any other statue, against the firm or its partners or against the proprietary concern, as the case may be

vi.

Whether any Income-tax dues outstanding against the applicant concern, or partners in case the applicant concern is a firm on the date of making the application.

vii

Whether the applicant is facing any investigation/inquiry for tax evasion on the date of making the application.

viii

Whether any penalty levied under the Income Tax Act or by any other statutory authority

PROFORMA

SUBJECT – EMPANELEMENT OF CAs/ FIRM – VERIFICATION OF ANTECEDENTS- REG –

Name
Address
PAN
Ward/ Circle
Contact persons
Telephone
1 General

Reputation of the Firm

2 A.Y. Returned Income Partners Salary/interest Gross Professional Receipts Assessed Income
2020-21
2019-20
2018-19
2017-18
2016-17
3 Whether there are any proceedings related to Income

Tax Evasion/ Demands/ Penalty/ Prosecution pending
against the CA/firms of CAs/ any of the partners of the applicant CA Firm or have been held guilty with regard to Tax evasion/Penalty/Prosecution under I.T. Act :

4 Whether the applicant has indulged/found indulged in any unethical professional practices :
5 Whether the applicant has indulged in any professional misconduct or has faced any complaint u/ s.21 of the Chartered Accountants Act,1949 for irregularity in audit before the Institute of Chartered Accountants :

NAME

DESIGNATION

OFFICE SEAL

More Under CA, CS, CMA

0 Comments

  1. Income Tax Thane says:

    Well done i would like to thanks to department of income tax that they are well manage all the things which are responsible for collection tax and this idea on this blog are appreciable.

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Posts by Date

September 2021
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930