Borlaug Institute for South Asia (BISA) invites sealed Proposals on company letter head for StatutoryTax ComplianceforBISA
Quantity: 1
Location to be delivered the vehicle: BISA Farms, Ladhowal, Ludhiana-141008,
ScopeofWork
With holdingTaxCompliance:
- ReviewofaccountingvouchersforQuarterlyTDSReturn
- Analyzingalltaxand newinformationnecessarytoquantifyCompensations,andcomplyingtothateffectwiththeinstructionsreceivedfromtheclientandapplicableRegulations
- Preparesummaryofwithholdingtaxformonthlydeposittoauthoritiesbyclientthroughbankingchannel.
- Assistanceforpreparationofnecessarychallanandpaymentofwithholdingtaxliability.
- Preparationofdetailedquarterly TDSdataandreconciliation.
- PreparationandtimelyfilingofquarterlyIannualreturnsofwithholdingtaxinForm27Aand26Q,asperapplicableprovisions. Also,issuanceofForm16Atovendors andconsultants.
- IssuanceofForm16Atovendorsandconsultantsonquarterlybasis.
- Reviewandsetupoftaxchallans/detailsfortheperiodfromApriltillcurrentmonthtoincorporatethesameincurrentfinancialyeartaxcertificatesandIT compliance.
- RectifytheerrorsandomissionsfoundiintheTDSReturnsasand whenidentified.
- AssistinresolvingqueriesreceivedfromvendorsandconsultantswithregardstoTaxdeductionandForm16A.
- AdviseonlatestamendmentsintheIncomeTaxAct,1961andalliedlaws.
- MaintainmasterdataforTDS(VendorsandConsultants)
- Answeringquestionwithregardstoapplicabilityofwithholdingtaxesondifferenttypesofpayments.
GSTCompliance:
- Review of vouchers for quarterly GST Return Preparation and Filling of GST Return (GSTR-11)
- PreparationandProcessingofRefundwithGSTDepartment
- PreparationandFilling ofresponseforqueriesraisedbyGSTDepartment FollowupwiththeGSTDepartmentforthependingrefunds.
- AnsweringquerieswithregardstoapplicabilityofGoodsandServicesTaxon variousactivities undertakenbyBISAfromtimetotime.
- Share the latest updates in Goods and Services Tax from time to time.
The quotation should be submitted in following format.
Activities | Monthly Fee |
Fee | |
GST | |
Total Monthly | |
Total yearly |
T&C:
- Signed & stamped quotation on company letterhead should be sent.
- The Proposals in the name of BISA to be submitted to following address latest by: March 5, 2024.
BISA Farms, Ladhowal, Ludhiana-141008,
- The subject line should be as “Proposal for StatutoryTax ComplianceforBISA)
- Applicable taxes (including GST) should be mentioned extra.
- Payment terms should be mentioned.
- Validity of Quote should be mentioned,
- Documents to be enclosed with the proposal:
- Bank statement/Cancelled Cheque
- Tax ID (PAN Card & GSTIN)
- Cliental list
Disclaimer:
- Selection of service provider for purchase of goods/ services will be done at the sole discretion of BISA. This RFQ/RFP may also be cancelled at any time without any prior notice to service provider (s) at the discretion of BISA’s Management without any liability to BISA whatsoever. E-mail or Telephonic queries with regards to selection process/progress of the procurement will not be entertained.
- The potential vendor/s may be asked to give a presentation of their product/services to the concern person/s at BISA as a part of the evaluation of the proposal submitted.
- The list of documents required for Financial evaluation are just indicative. Further details could be asked by BISA to examine the quotes in detail.
- BISA provides equal opportunity to all the eligible applicants to partner/ collaborate with us. Selection process is free from any sort of discrimination or nepotism.
- Any mis-statement in the Financial proposals will lead to debarring of the Vendors from all future procurements at BISA.
- Multiple quotations by a single entity/organization under the garb of related/sister concerns will be subject to rejection without further evaluation