Engagement of Income Tax Consultant/ Counsel and Income tax Auditor

Amount

Professional fee for Conducting of audit of accounts of the Corporation under section 44AB of the Income Tax Act, 1961 for the financial year 2021-22. The scope of the audit, extent of verification and the type of reporting and expression of opinion will be determined by the relevant standards of auditing.

Professional fee for the assignment of Acting as Tax consultant/counsel dealing with all matters of income tax arising during the period from 1st March 2022 to 31st of December 2022 on behalf of the Corporation incl. representing the Corporation in assessment, appeals and penalty proceedings before the Income Tax authorities irrespective of the assessment year to which the matters and proceedings relate. The consultant may also file any appeal required to be filed before Commissioner of appeals/ ITAT and also attend to any appeal already preferred before Commissioner of appeals/ ITAT and taken for hearing during the course of the year except the appeal if any, where asked not to attend.

Note:- 1. Fee must be quoted in numbers as well as words. In case of variation between the two, fee quoted in words shall be final. 2. Professional fee shall be inclusive of all office expenses, out of pocket expenses, cost of producing documents ,if any 3. The fees quoted should include all tax liability under Income Tax, Service Tax, Professional Tax and any other Tax applicable in the UT of J&K or any other authority of the Govt. of India or the State Govt. including GST.

Vinod Singhal and Co LLP

SRI PRAKASH & CO.