CIN: L74899DL1970GOI005276 Website: www.hudco.org
REGISTERED OFFICE: HUDCO BHAWAN, CORE 7A, INDIA HABITAT CENTRE, LODHI
ROAD, NEW DELHI -110003
INVITATION OF BIDS
Services of Professional CA Firms
for Rendering Services in Direct
Taxation for the Period of One year
from the date of Appointment
Page 1 of 18
NOTICE FOR INVITATION FOR SUBMISSION OF BIDS FOR
PROFESSIONAL SERVICES IN DIRECT TAXATION
CHAPTERS
S. No Chapter Page No.
1 Introduction 3
2 Brief Details of Bids 4-6
3 Scope of Work-(Direct Tax)-Corporate Tax 6-8
Scope of Work-(Direct Tax)-Salary, Third Party
4
payments & Other Misc. Payments at HO 8-10
5 Eligibility Criteria of Firm 10-12
6 Major Terms and Conditions 12
7 Procedure for submission & Opening of Bids 12-14
8 Bid Evaluation Criteria 14
9 Rejection of Bid 15
10 Declaration 15
11 Format for Technical Bid-Annexure I 16-17
12 Format for Financial Bid-Annexure II 18
Page 2 of 18
CHAPTER 1: INTRODUCTION
1.1 HUDCO is a Public Sector Undertaking owned by Government of India
(GOI) and is under the administrative control of Ministry of Housing and
Urban Affairs. HUDCO was set up in 1970 as a Housing Finance
Company and mandated with the task of providing loans for housing and
urban infrastructure projects in India. We have been conferred the status
of Miniratna (Category-I Public Sector Enterprise) by the GoI.
We classify our housing finance loans into social housing, residential real
estate and retail finance, which is branded as HUDCO Niwas (collectively,
Housing Finance).
With respect to urban infrastructure finance, we provide loans for projects
relating to:
Water supply;
Roads and transport;
Power;
Emerging sectors, which includes SEZs (special economic zones),
industrial infrastructure, gas pipelines, oil terminals and telecom
sector projects;
Commercial infrastructure and others, which includes shopping
centres, market complexes, malls-cum-multiplexes, hotels and
office buildings;
Social infrastructure and area development; and
Sewerage, drainage and solid waste management (collectively,
"Urban Infrastructure Finance").
1.2 The Issued and Paid-up Equity Share Capital of the Company as on March
31, 2018 is Rs. 2001.90 crore divided into 2,001,900,000 equity shares of
Rs. 10/- each. Entire equity share capital of the Company was held by
President of India till 18th May, 2017. During the year 2017-18, President of
India through the then Ministry of Housing & Urban Poverty Alleviation has
divested 20,40,58,747 equity shares of face value of Rs. 10/- each
constituting 10.19% of the total paid up equity share capital of the
Company through an Initial Public Offer. After divestment, the
shareholding of President of India has been reduced to 89.81% which is
held through the MoHUA 69.08% and MoRD 20.73% respectively.
1.3 The summary of financial performance of HUDCO for the year ended 31st
March 2017 is as under:
Amount in Crores
Particulars FY 2016-17
Revenue from Operations 3498.85
Gross Income 3584.84
Profit before Tax 1175.00
Profit After Tax 841.81
Reserves & Surplus 7165.35
Net Worth 9167.25
Page 3 of 18
CHAPTER 2: BRIEF DETAILS OF BIDS & INSTRUCTION TO BIDDERS
BRIEF DETAILS OF BIDS
2.1 The Company intends to engage a consultant for professional services in
Direct Taxation on retainership basis. This invitation is issued to invite Bids
from eligible firms and shortlist consultant for professional services in
Direct Tax on retainership basis. This document is neither a
recommendation, nor offer or invitation to enter into a contract, agreement
or any other arrangement in respect of the services.
2.2 The Company intends to efficiently monitor processes, transactions,
compliances, etc. related to applicable direct tax with the assistance of
professional consultants and issues invitation for Bids in this regard.
2.3 One hard copy of Part-I & Part-II each of Bids as stated in para 7.2 below,
in two separate sealed envelopes duly marked as "ORIGINAL" and also
mentioning the name and address of the firm on the envelopes needs to
be submitted in one sealed and marked master envelope labelled "Bid for
rendering services in Direct Taxation" are invited by GENERAL
ACCOUNTS DEPARTMENT, HUDCO at Head Office (Core 7A, HUDCO
Bhawan, India Habitat Centre, Lodhi Road, New Delhi-110003) from
bonafide & reputed professional firms of Chartered Accountants engaged
in the field of corporate taxation and having adequate infrastructure and
establishment, for rendering professional consultancy services in the field
of Direct Taxation.
2.4 In case the firm wants to revise its bid before the bid closing date then the
envelopes should be clearly marked as "REVISED BID". In the revised
bid all the documents should be enclosed and also an undertaking that the
firm has voluntarily withdrawn its original bid. In this case the original bid
will not be opened.
2.5 The applicants shall be required to render Professional Services in the
field of Corporate Taxation (Direct Tax) on Retainership basis for the
period of one year starting from the date of appointment.
2.6 Technical Bid
(a) The Firm (referred as "applicant") should meet the eligibility criteria
to come under the purview of "Technical Feasibility".
(b) In support of fulfilling Technical Feasibility criteria, the applicants
shall be required to submit entire set of documents along with
EMD as mentioned at point 2.15 on page 5&6 in a separate
sealed cover, super scribing - "PART-I Professional Services
in the field of Direct Taxation-Technical Bid". The said
envelope should be inside the main envelope as already stated
at para 2.3 above.
Page 4 of 18
2.7 Financial Bid
2.7.1 The Firm (referred as "applicant") should be Technically Eligible to
be considered for evaluation of "Financial Bid".
2.7.2 The applicants in support of their Financial Bid shall be required to
furnish their offer in a separate sealed cover, super scribing
"PART-II Professional Services in the field of Direct Taxation -
FINANCIAL BID". The said envelope should be inside the main
envelope as already stated at para 2.3 above.
INSTRUCTION TO BIDDERS
2.8 The bidder shall be responsible for all costs associated with the
preparation of this proposal, if any regardless of the conduct or outcome of
the bidding process.
2.9 In case of any dispute, whatsoever in connection with invitation, the
decision of HUDCO shall be final and binding.
2.10 Bidders should ensure that bid is delivered before scheduled date, time
and place as per instructions given in chapter 7 of this invitation. Late bids
will not be considered. If the last date of submission and opening of the bid
happens to be a holiday, the bid shall be opened on the next working day,
keeping the last day of receipt of the bidding as the same.
2.11 The proposal submitted by the bidder should be valid for acceptance for a
period of 60 days from the opening date of bid. In exceptional
circumstances prior to expiry of original bid validity period, HUDCO may
require the bidder to extend the period of validity for a specified additional
period.
2.12 This document/invitation is not transferable. The invitations and all
communications pursuant to its terms are confidential and are not to be
disclosed to any person other than the addressee without prior written
consent of HUDCO.
2.13 The company will not entertain any communication initiated by applicants
received after the last date of submissions. However, the company may, in
its absolute discretion, seek additional information or material or evidence
from any applicant after the last date.
2.14 The scope of work shall be as defined in the Chapter 3 & 4 of the bidding
document.
2.15 EMD (Earnest Money Deposit) of Rs. 10,000/- (Rupees Ten Thousand
Only) by way of Demand Draft (DD)/ Banker's Cheque favouring "Housing
Page 5 of 18
and Urban Development Corporation Ltd" payable at Delhi is to be
submitted along with the Technical Bid. The EMD for the unselected firms
will be released on the appointment of selected firm as tax consultant for
HUDCO whereas for the selected firm it will be retained by HUDCO till the
period of the Contract and will only be released in case of termination of
contract of the firm with HUDCO. Further, Non Submission of EMD will
lead to disqualification of the bidder.
2.16 At any time prior to the deadline for submission of bids, HUDCO may, for
any reason, modify the bidding document by issuing addenda.
2.17 A bidder shall submit only one bid for entire scope of work. Assigning part
of work/tie up arrangement for providing professional services indicated in
this notice is strictly not allowed. Splitting the financial bid into parts is not
allowed.
2.18 The bidder shall quote fees only as per the prescribed format (As per
Annexure-II). In the price bid, the bidder shall quote both in words and
figures without any correction or overwriting. The prices quoted by the
bidder shall remain firm, fixed and on monthly basis (Applicable Taxes
shall be paid extra).
CHAPTER 3: SCOPE OF WORK DIRECT TAX- Corporate Taxation
The scope of services would include the following works. The list is
indicative and not exhaustive:
1) Assistance in Preparation and vetting of estimates for payment of
quarterly instalments of Advance Income Tax.
2) Reviewing/Vetting of accounts on quarterly/yearly basis with regard to
provision for tax, various disclosures / notes and other matters relating to
tax disclosed in the Balance Sheet and to verify the compliance of relevant
statutes of Income Tax Act, 1961, ICDS and any other applicable statutory
acts before submission of the same to Statutory Auditors/Board for their
review.
3) Reconciliation of TDS as per Books of Accounts with the Form 26AS
available on Income tax web-site and reconciliation of Income as per 26AS
and Books of Accounts.
4) Assisting the organization during tax audit and preparing Form 3CD for the
verification of the same by tax auditors of the company.
5) Preparation, vetting and filing of Annual Returns under Income Tax Act
with various disclosures / computation notes, computation of MAT as per
Page 6 of 18
applicability and other issues relevant for the purpose of filing of the
corporate tax return.
6) Preparation / review of revised tax return if any required to be filed in
respect of any financial year along with the review of computation of tax,
admissibility of various deductions / allowances, computation of MAT if
applicable in regard to the filing of return.
7) Preparation of detailed submission for queries raised by Assessing Officer,
Commissioner of Income Tax (CIT) and Commissioner of Income Tax
(Appeals) during assessment or appellate proceedings or otherwise by
Tax authorities for all present and past appeals / proceedings & other
hearings.
8) Advising on any proceedings initiated by the department for revision of
orders or re-assessment proceedings including assessment proceedings
and further course of action required to be taken by HUDCO.
9) Preparation of detailed submission for queries raised by Tax Recovery
Officer (TRO) and attending to all communications, Notices of Tax
authorities and appearance at hearings before tax authorities [up to CIT(A)
level].
10) Attending to all communications, Notices of Tax authorities and
appearance at hearings before tax authorities from first assessment stage
upto CIT (Appeals).
11) Representation of the Income Tax Matters before Hon'ble CIT(A), CIT and
Other Income Tax Authorities.
12) Coordinating/regular follow up with Income Tax Authorities for getting the
refunds due / appeal effects to HUDCO for past years.
13) To keep track of hearing dates and giving information in regard to
outcome of hearing along with next date of hearing to HUDCO through E-
mail on regular basis.
14) Preparation and Filing of Appeals up to Income tax Appellate Tribunal
(ITAT) level.
15) Rendering of expert opinion as and when required by HUDCO on all
taxation issues including deferred tax, etc.
16) Maintain appropriate liaison with Tax authorities on behalf of HUDCO.
17) Providing information/Updations and advice regularly for all modifications/
changes/ amendments in the Income Tax Act and any other Direct Taxes
Page 7 of 18
relating to HUDCO. In addition latest case laws applicable in the case(s) of
HUDCO to be informed regularly.
18) To provide inputs for tax planning of HUDCO and render advice on all tax
related matters referred from time to time. Scrutinizing HUDCO Financial
records from the point of view of taxation and tax planning by making visit
to our office periodically.
19) Taking up the various matters in regard to interpretation of provisions of
income tax applicable to HUDCO with the concerned authorities like CBDT
etc. on need basis.
20) Any other work / counselling which will be necessary and relevant for the
purpose of compliance of the provision of Income Tax Laws and Rules so
as to avoid default in future.
21) Any other services/ advice whatsoever required by HUDCO management
relating to Income Tax and other Direct Taxes in day to day operations of
HUDCO's business.
22) Handling of all other direct tax matters, proceedings and consultations
including, inter alia, appeals before CIT(Appeals), reference, revision,
rectification, reassessment, appeal effect, audit objections.
23) Examining referred changes in Finance Bill with reference to the
operations of the company and giving advice.
24) Advising on maintenance of records and required documentation for
proper compliance under the Income tax statute
25) Regular updation of Direct Tax cases MIS and status of pending litigation
cases.
26) Assisting in all proceedings before ITAT/ High Court/ Supreme Court/
CBDT and giving written opinion or assisting in obtaining Counsel's
opinion, briefing and assisting the Senior Counsel, if any, engaged.
27) Any other services/ advice whatsoever required by HUDCO management
relating to Income Tax and other Direct Taxes in day to day operations of
HUDCO's business.
CHAPTER 4: SCOPE OF WORK DIRECT TAX- Salary, Third Party
Payments & Other Misc. Payments at HO
The scope of services would include the following work. The list is
indicative and not exhaustive:
Page 8 of 18
1. To render services and advise on all Tax related matters through visits to
HUDCO office and written communications.
2. To provide a summary of various Provisions of Income Tax Act for
computation of Tax on the above mentioned heads and its amendments
from time to time.
3. To provide information/updation/opinion with regard to modifications/
changes/updations/amendments in the Tax related matters from time to
time and its tax implication on the employees.
4. To check & verify the TDS exemption certificates received from various
HUDCO empaneled Hospitals / Labs / Dental Clinics etc. and to advise the
rate of TDS on payments released to them.
5. To review each type of payment/ facility provided to employees and advise
whether it is taxable or not, if yes the tax implication thereof.
6. To attend to all communications, notices of the Tax Authorities and to
appear on all hearings before Tax Authorities (TDS Department).
7. To advise and to assist in the preparation of Form 16 and 12BA in regard
to Salaries.
8. To verify that necessary certificates are issued in the prescribed forms
after the verification of correctness of tax deduction at source.
9. To maintain appropriate liaison with Tax Authorities.
10. Verification of details of Savings & Investments, Income from House
Properties etc. submitted by employees on quarterly basis.
11. Preparation and filing of quarterly TDS Returns and uploading of the same
with the NSDL or any other designated authority as notified by Tax
Department.
12. Downloading of all TDS certificates from NSDL or any other designated
authority as notified by Tax Department and verifying the same.
13. Revision of TDS return / TDS certificate after scrutinizing of demand /
show cause notices of Income Tax Department.
14. Filing of Form 15 CA on the Income Tax Portal.
Page 9 of 18
15. Any other work / counselling which will be necessary and relevant for the
purpose of compliance of the provision of Income Tax Laws and Rules so
as to avoid default in future.
16. Any other services/ advice whatsoever required by HUDCO management
relating to Income Tax and other Direct Taxes in day to day operations of
HUDCO's business.
CHAPTER 5: ELIGIBILITY CRITERIA OF THE FIRM
5.1 Location of the organisation
a. The Firm should have its Head Office in Delhi.
5.2 Strength of the organisation in Corporate Taxation
a. The Firm must have at least Seven Partners as on the date of
submission of tender. Further, the said partners must have
completed minimum of one year of association with the bidding firm
as on the date of submission of tender.
b. As on date of tender the minimum paid CA staff strength of the firm
should be 10 employees (excluding partners and articled
assistants).
5.3 Post qualification experience of Partners
a. At least 4 Partners of the Firm should have experience of practising
as CA for more than 10 years.
5.4 Area of operation & experience in Corporate Taxation and Financials
of the Firm
a) The bidder firm should have experience of handling Direct Tax
Consultancy assignments in Corporate Office of Public Financial
Institution/ Other PSUs engaged in the business of Project Lending.
The PFI/PSU in question should have minimum Profit after Tax of
Rs. 700 crores as on 31/03/2017 as per the audited accounts.
b) The required experience in Direct Tax consultancy has been
elaborated at Chapter 3 and 4 above.
c) The annual turnover of the Tax Consulting firm should be at least
Rs. 200 lakhs as on March 31, 2017.
Page 10 of 18
5.5 General Terms & Conditions
1. Original documents of the successful Financial Bidder will be
verified, in order to authenticate the claim of the Firm before the
award of appointment letter.
2. The bidder should declare whether any partner/employee of the
firm/company has any relation with any employee working in
HUDCO and if so give the name of the employee and the
relationship, and also whether any of them has a relationship within
the meaning of Section 2(77) of the new Companies Act 2013, with
any of the Directors of HUDCO, and also with the Statutory Auditors
(M/s Prem Gupta & Co., 4, Shivaji Marg, Najafgarh Road, New
Delhi, 110015) of HUDCO, if so give details to ensure compliance
under sec 184 & 188 of New Companies Act, 2013.
3. In addition to the above the bidder should not have any of the below
mentioned disqualifications:-
a. There has not been any disciplinary action initiated by ICAI
or any regulatory authority against the firm during last five
years.
b. None of the partners / employees has been convicted of any
offence / economic offence.
c. No appeal/unresolved dispute/suit/case is pending at any
court in India regarding the right to carry on practice.
4. Upon completion/ termination of this engagement all the data,
information, material, records, documents copy other relevant
papers available with the tax consultant shall become the sole and
absolute property of HUDCO and shall be returned by the Tax
consultant to HUDCO within 15 days of the termination of the
contract.
5. The Tax Consultant firm will depute a Partner well versed with the
subject to attend HUDCO Head-quarters at least twice a week
and/or whenever required for the above consultancy assignments.
The said representative shall interact with GM-Finance at Head
Office during visits as per HUDCO's requirement in taxation
matters.
6. 10% shall be retained as deposit from monthly bills and shall be
released after the completion of the Assessment / disposal of
appeal at CIT level by Income Tax Department.
Page 11 of 18
7. The payment will be released within 30 days of receipt of bill. The
payment will be subject to deduction applicable TDS for which
certificate as per IT Act will be provided.
CHAPTER 6: MAJOR TERMS AND CONDITIONS
6.1 Tenure of Contract: The contract will be for duration of 1 year from the
date of appointment.
6.2 Remuneration Terms: The agreed remuneration shall be effective for the
entire period of consultancy. The fees will be payable on monthly basis.
6.3 Termination of Contract: Appointment of Tax consultant may be
terminated by giving one month notice in case it is felt by HUDCO that
services provided by the Firm are not satisfactory.
6.4 Execution of assignment: For execution of complete scope of work, the
tax consultant will establish a team of qualified professionals as per the
requirement of HUDCO. The Tax consultant is solely and exclusively
responsible for all the acts of its team members. The deputed
professionals shall visit HUDCO on regular intervals for completion of all
the assigned work, getting clarifications/ documents and also for rendering
of advisory services as and when required by HUDCO.
6.5 Confidentiality: Tax Consultant shall during the tenure of the Contract
and at anytime thereafter keep all information relating to the work in full
confidence and shall not, unless so authorized in writing by HUDCO,
divulge or grant access to any information about the work or its results and
shall prevent anyone becoming acquainted with either through Tax
consultant or its personnel or agents. Any monetary penalty/loss levied by
any authority due to breach of the above clause will be the sole
responsibility of the firm.
6.6 Others: Tax consultant is required to certify that it will not indulge in any
fraudulent activity or allow anybody else working in our organization to
indulge in fraudulent activities and would immediately apprise HUDCO of
the fraud/ suspected fraud as soon as it comes to their notice.
CHAPTER 7: PROCEDURE FOR SUBMISSION AND OPENING OF BIDS
7.1 One hard copy of Part-I & Part-II each of Bids as stated in para 7.2 below,
in two separate sealed envelopes duly marking as "ORIGINAL" and also
mentioning the name and address of the firm/bidder on the envelopes
needs to be submitted in one sealed and marked master envelope labelled
"Bid for rendering services in Direct Taxation". If any of the envelopes
is not sealed and marked properly as above, the company will not assume
Page 12 of 18
any responsibility for its misplacement, premature opening, late opening or
rejection etc.
The tender envelope is to be marked to:
The Executive Director Finance (GA),
HUDCO,
Core 7 A, India Habitat Centre,
Lodhi Road,
New Delhi 110 003
The tender should be put in the designated tender box kept at the Fifth
Floor at the above mentioned address of the company.
7.2 FORMAT OF BID
The bidders are required to submit the Technical Bid and Financial Bid
separately in the prescribed format attached herewith.
Part I: Technical Bid
The Technical bid should be submitted in a separate sealed cover, super
scribing "PART-I Professional Services in the field of Direct Taxation-
Technical Bid". The technical bid shall necessarily contain the following:
1. A brief description of the bidder's organization and an outline of the
work experience, specialization and other material information
about the organization.
2. Past work experience in brief along with the current assignments
handled. Bidders are required to confirm the fulfilment of the
evaluation criteria as mentioned in chapter and submit the
prescribed Technical Evaluation Form in the attached Performa.
3. Major clients served by the bidder organization in the past along
with the present assignments enlisting the nature of work is
required to be given.
4. Brief detail of qualified professionals employed by the bidder
organization along with complete detail of members proposed for
HUDCO assignment including their name, experience, profile,
specialization etc. keeping in view the requirement mentioned in bid
evaluation criteria along with EMD as mentioned at point 2.15 on
page 5&6 are required to be furnished by the bidder.
5. All the bid documents should be signed by the authorised signatory
of the firm.
Page 13 of 18
PART II: FINANCIAL BID
The financial proposal (fees to be quoted both in words and figures) of the
offer should be submitted in a separate sealed cover, super scribing
"PART-II Professional Services in the field of Direct Taxation-
Financial Bid". Part II of the offer should contain the following:
i. Lump sum monthly professional fee (excluding applicable taxes) for
rendering services mentioned in Scope of Work.
7.3 Part-II of the offer shall be opened only if the company is satisfied that the
applicant satisfies and fulfils the Technical Evaluation. In case the
applicant does not satisfy the Technical feasibility, Part-II shall not be
opened and shall be rejected as it is. There will be no obligation on part of
the company to send any intimation to the applicant firm in case of
rejection of their application.
7.4 The selection shall be done based on eligible and/or lowest bid, as the
case may be, offered by the applicants subject to the decision of the
company.
CHAPTER 8: BID EVALUATION CRITERIA
8.1 Bid should be submitted strictly as per the Technical Evaluation Form
(Annexure-I). Bidders not submitting the bid in this format or EMD are
liable for rejection. Copy of documents required for Technical Bid:
Valid Address Proof
Constitution of the Firm from ICAI as on Tender Submission date.
Copy of Certificate of Practice along-with experience certificates (for
partners).
Experience Letter from major clients (for bidder firm).
Financials (Copy of Audited Financial Statements for FY 2016- 17).
8.2 In addition to above the bidder is required to submit the additional
undertaking/certificates/documents as mentioned below:-
a. Declaration in respect of point mentioned at point 5.5 (2) of Chapter 5.
b. Certificate in respect of point mentioned at point 5.5 (3) of Chapter 5.
c. Undertaking in respect of point no. 6.5 of chapter 6.
d. Certificate in respect of point no. 6.6 of chapter 6.
8.3 The experience of the partners will be counted from the date of their
attaining Certificate of Practice.
Page 14 of 18
CHAPTER 9: REJECTION OF BIDS
The Bids submitted shall be rejected:
i. If it is received after the expiry of due date of submission of Bids i.e. June
18th, 2018 latest by 3.00 p.m.
ii. No EMD is submitted along with Technical Bid.
iii. If it is not received in sealed condition as specified.
iv. If it is conditional.
v. If it is not in conformity with the instruction mentioned herein.
vi. If it is not properly signed by the authorized representative of consulting firm
vii. If it is incomplete including non-furnishing of the requisite documents.
viii. If it is not in compliance with any of the requirements/conditions as specified
elsewhere in this document.
ix. Any form of canvassing / lobbying / influence, etc. will be a disqualification.
CHAPTER 10: DECLARATION
The applicants not being allotted with the assignments shall not solicit any reason
for not being so selected. In case, the company finds any allegation / loss of
reputation for the act of the applicants, the company reserves the right to file legal
suit in the court law to claim for the damages.
Page 15 of 18
Annexure-I
On Letterhead of the Firm
FORMAT FOR TECHNICAL BID
The Technical bid has to be strictly given in the below-mentioned format:
1. Brief description of the bidder's organization and an outline of the work
experience, specialization and other material information about the
organization.
2. Past work experience in brief along with the current assignments handled.
Bidders are required to confirm the fulfilment of the evaluation criteria as
mentioned in chapter and submit the prescribed Technical Evaluation Form
in the attached Performa.
3. Major clients served by the bidder organization in the past along with the
present assignments enlisting the nature of work is required to be given.
4. Brief detail of qualified professionals employed by the bidder organization
along with complete detail of members proposed for HUDCO assignment
including their name, experience, profile, specialization etc. keeping in view
the requirement mentioned in bid evaluation criteria are required to be
furnished by the bidder.
5. Location of the Head office of the organisation.
6. No. of Partners in the Firm along with their date of joining in the firm as
partners.
7. No. partners having 10 years plus professional experience of working as CA
as on 31/03/2018.
8. No. of CA employees (excluding Partners and articles) as on 31/03/2018.
9. Experience in preparing/filing Form 35 and Form 36 and liaisoning with
Income Tax Authorities upto CIT (A) level.
10. Experience in no of years of handling Tax Audit / Corporate Tax
Consultancy in Corporate Office of Public Financial Institution/ Other PSUs
engaged in the business of Project Lending.
11. Annual turnover of the Tax Consulting firm as on March 31st, 2017.
12. EMD details.
Page 16 of 18
13. Certificate that the firm will not indulge in any fraudulent activity or allow
anybody else working in our organization to indulge in fraudulent activities
and would immediately apprise HUDCO of the fraud/ suspected fraud as
soon as it comes to their notice.
14. Declaration if any partner/employee of the firm/company has any relation
with any employee working in HUDCO or has a relationship with any of the
Directors of HUDCO, and Statutory Auditors (M/s Prem Gupta & Co.), and
details thereof. (Refer Para 5.5 clause 2).
15. Undertaking in respect of point no. 6.5 of chapter 6.
16. Certificate that :
a. There has not been any disciplinary action initiated by ICAI or any
regulatory authority against the firm during last five years.
b. None of the partners / employees has been convicted of any offence /
economic offence.
c. No appeal/unresolved dispute/suit/case is pending at any court in India
regarding the right to carry on practice.
Signed by the Authorized Signatory
Page 17 of 18
Annexure-II
On Letterhead of the Firm
FORMAT FOR FINANCIAL BID
The Financial bid (fees to be quoted both in words and figures) has to be
strictly given in the below-mentioned format:
Lump sum monthly professional fee (excluding applicable taxes) for
rendering services mentioned in Scope of Work.
Signed by the Authorized Signatory
Page 18 of 18
|
