Program Officer - Literacy

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.

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: 

1. Bank statement/Cancelled Cheque
2. Tax ID (PAN Card & GSTIN)
3. Cliental list 

Disclaimer:

1. 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.
2. 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.
3. The list of documents required for Financial evaluation are just indicative. Further details could be asked by BISA to examine the quotes in detail.
4. 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.
5. Any mis-statement in the Financial proposals will lead to debarring of the Vendors from all future procurements at BISA.
6. Multiple quotations by a single entity/organization under the garb of related/sister concerns will be subject to rejection without further evaluation