Financial Audit Services - Review of Financial Statements, Financial Reporting Framework, Audit rep
Indian Institute Of Management (iim)
MUMBAI, MAHARASHTRA
Posted:
19 March 2025
Closed:
22 April 2025
GEM
GEM
Yantra India Limited Financial Audit Services Tender Nagpur Maharashtra 2026 - Income Tax Audit FY 2025-26 CAG Empaneled
Bid Publish Date
08-May-2026, 11:21 am
Bid End Date
18-May-2026, 11:00 am
Location
Progress
Issue08-May-2026, 11:21 am
Technical05-Dec-2026, 7:33 pm
Financial
AwardCompleted
Quantity
1
Bid Type
Two Packet Bid
Categories
5
Tender Overview
Organization: Yantra India Limited, Department of Defence Production, located in Nagpur, Maharashtra 440001. Procurement: Financial Audit Services for the Income Tax Audit of Yantra India Limited for FY 2025-26. Eligible bidders: CAG empaneled audit firms or CA firms, on a nomination basis with M/s Demble Ramani & Co. Nagpur as an eligible participant. Key terms include nomination basis, sealed & signed Scope of Work, and payment after completion with specific certification. Inspection and compliance occur at OFAJ, with ED/OFAJ inspection and a Fall Clause. Delivery timeline: 100% payment within 45 days from completion or CRAC generation.
Technical Specifications & Requirements
- Scope: Income Tax Audit for FY 2025-26; no BOQ items specified.
- Eligibility: Nomination basis; only M/s Demble Ramani & Co. Nagpur eligible; audit firm must be CAG empaneled or CA firm.
- Execution: Submission of signed Scope of Work as acceptance.
- Compliance & QC: LD clause applicable; certificates/documents must be uploaded per bid documents; inspection by Rep. of ED/OFAJ at OFAJ.
- Payment & Penalties: 100% payment within 45 days after completion certificate or CRAC.
- Other: Fall Clause applicable; Ensure all required certificates are uploaded to avoid rejection.
Terms, Conditions & Eligibility
- Basis: Nomination; M/s Demble Ramani & Co., Nagpur only.
- Documentation: Bidder must upload all certificates/documents requested in the Bid document and ATC Corrigendum.
- Payment: 100% within 45 days from completion/CRAC; LD clause applies.
- Inspection: Place at OFAJ; Inspection Authority: Representative of ED/OFAJ.
- Other: Not eligible under MSE/MII clauses; contact OFAJ for clarification via email or phone.
Key Specifications
-
Scope: Income Tax Audit for FY 2025-26 for Yantra India Limited
-
Eligibility: Nomination basis; only M/s Demble Ramani & Co., Nagpur eligible
-
Delivery/Payment: 100% payment within 45 days from completion or CRAC generation
-
Inspection: OFAJ, with ED/OFAJ representative
-
Clauses: Fall Clause and LD clause applicable
-
Documentation: Upload all required certificates as per bid documents
Terms & Conditions
-
Nomination-based eligibility restricting participation to a specific CA firm
-
100% payment due within 45 days after completion certification/CRAC
-
LD clause and Fall Clause apply; ED/OFAJ inspection at OFAJ
Important Clauses
Payment Terms
100% payment within 45 days from date of completion certificate or CRAC generation, whichever is later
Delivery Schedule
Completion and certification must be achieved within the project timeline as per scope; no BOQ items
Penalties/Liquidated Damages
LD clause is applicable for delays or non-compliance as per bid terms
Bidder Eligibility
-
Nomination-based eligibility restricted to M/s Demble Ramani & Co., Nagpur
-
Must be CAG empaneled audit firm or CA firm
-
Submission of signed Scope of Work and required certificates
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Financial Audit Services - HIRING THE SERVICES OF CHARTERED ACCOUNTANCY FIRM FOR INCOME TAX AUDIT OF YANTRA INDIA LIMITED FOR FY 2025 26 AS PER SCOPE OF WORK ATTACHED; CAG Empaneled Audit or CA Firm
Authority Records
MINISTRY OF DEFENCEDEFENCE PRODUCTION DEPARTMENT
Free Trial Available
Win more tenders with
real-time intelligence
Trusted by 5,000+ companies to find, track, and win government tenders.
Smart Alerts
Daily matched tenders to your inbox
Bid Results
See L1 winners & actual prices paid
Competitor Intel
Track rival companies & win patterns
Price Intelligence
BOQ rate trends to benchmark your bid
Book a Free Demo
See TenderDekho in action
Our team will walk you through the platform and help set up your profile — free, no commitment.
Demo booked!
Our team will reach out to schedule your free session.
BID & GeM Expert Consultancy
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
Bid Preparation
GeM Registration
Document Filing
Free consultation · 24h response
Documents 3
GeM-Bidding-9303342.pdf
Main Document
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Past Similar Tenders
(Historical Results)
5 found
Financial Audit Services - Hiring a CA firm for Preparation of Statutory Audit of Kaushalya The S
N/a
AHMEDABAD, GUJARAT
Posted:
16 June 2025
Closed:
4 July 2025
GEM
Financial Audit Services - Hiring a CA firm for Preparation of Internal Audit of Accounts of Kaush
N/a
AHMEDABAD, GUJARAT
Posted:
16 June 2025
Closed:
4 July 2025
GEM
Financial Audit Services - Review of Financial Statements, Assistance in preparation of financial s
Employees State Insurance Corporation (esic)
KOLLAM, KERALA
Posted:
29 August 2025
Closed:
29 September 2025
GEM
Financial Audit Services - Review of Financial Statements, Assistance in preparation of Financial S
Employees State Insurance Corporation (esic)
ERNAKULAM, KERALA
Posted:
11 September 2025
Closed:
3 October 2025
GEM
Tender Results
Loading results...
Required Documents
1
GST registration certificate
2
PAN card
3
Experience certificates (relevant income tax audit experience)
4
Financial statements (last 3 years)
5
EMD/Security deposit details (if applicable)
6
Technical bid documents
7
OEM authorizations (if applicable)
8
Certificate uploads as specified in bid terms and ATC
Technical Results
| S.No | Seller | Date | Status |
|---|---|---|---|
| 1 | DEMBLE RAMANI AND COMPANY Under PMA | 12-05-2026 19:33:06 |
Financial Results
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | DEMBLE RAMANI AND COMPANY( MSE Social Category:General ) Under PMA | Item Categories : Financial Audit Services - HIRING THE SERVICES OF CHARTERED ACCOUNTANCY FIRM FOR INCOME TAX AUDIT O |
Frequently Asked Questions
Key insights about MAHARASHTRA tender market
How to bid for the income tax audit tender in Nagpur
Bidders must be nominated by Yantra India Limited and be a CAG-empaneled audit firm or CA firm. Prepare and upload the signed Scope of Work, all required certificates (GST, PAN, experience), and ensure ED/OFAJ inspection readiness. The offer must conform to LD and Fall Clause terms.
What documents are needed for the Nagpur audit tender submission
Submit GST certificate, PAN card, up-to-date financial statements, experience certificates for income tax audits, technical bid documents, and any OEM authorizations if applicable. Ensure all certificates are uploaded as specified in the bid document and ATC/Corrigendum.
Who is eligible to participate in the nomination-based audit tender
Only M/s Demble Ramani & Co., Nagpur is eligible under the nomination basis, with preference for CAG-empaneled auditors or CA firms. Other bidders may be rejected per ATC terms; ensure Scope of Work is sealed and signed.
What are the payment terms for the Yantra India audit contract
Payment is 100% within 45 days from the date of completion certificate or CRAC generation, whichever is later. Ensure submission of completion documentation promptly to avoid delays in payment processing.
What inspections are involved in this Nagpur audit tender
Inspection is conducted at OFAJ with representatives from ED/OFAJ as the inspecting authority. Ensure all deliverables and certificates are readily verifiable for successful inspection outcomes.
What happens if there is a delay in audit completion
A Liquidated Damages (LD) clause applies for delays. Timely completion and certification are crucial to avoid penalties and ensure prompt payment within 45 days post-completion.
Similar Tenders
5 found
Financial Audit Services - Audit report; CAG Empaneled Audit or CA Firm, CA Firm
Protection Of Plant Varieties And Farmers Rights Authority New Delhi
📍 CENTRAL DELHI, DELHI
Est: ₹20,000
⏰ Deadline: 3 weeks left
🛒 Type: Service
View
GEM
Urgent
Tribal Co-operative Marketing Federation Of India audit tender Jaipur Rajasthan - CAG Empaneled Audit CA Firm 2026
Tribal Co-operative Marketing Federation Of India (trifed)
📍 JAIPUR, RAJASTHAN
Est: ₹30,000
⏰ Deadline: 5 days left
🛒 Type: Service
View
GEM
Urgent
Competition Commission of India Financial Audit Services Tender West Delhi 2026 - CAG Empaneled CA Firm Requirements
Competition Commission Of India
📍 WEST DELHI, DELHI
Est: ₹4.0 L
⏰ Deadline: 2 days left
🛒 Type: Service
View
GEM
Urgent
Planning Division General Administration Department Financial Audit Services Tender Bharuch Gujarat 2026 – CAG Empaneled Audit/CA Firm
Planning Division General Administration Department
📍 BHARUCH, GUJARAT
Est: ₹9,000
⏰ Deadline: 3 days left
🛒 Type: Service
View
GEM
Urgent
HUDCO Financial Audit Services Tender Dimapur Nagaland 2026 - CAG Empaneled CA Firm, Review of Financial Statements
Housing And Urban Development Corporation Ltd
📍 DIMAPUR, NAGALAND
Est: ₹1.0 L
⏰ Deadline: 4 days left
🛒 Type: Service
View
GEM
Explore More Opportunities
Quick Access
Unlock Tender Documents
Sign up now to access all documents
Performance Analytics
7-metric analysis with year-wise breakdown
Competitor Intelligence
Multi-dimensional analysis across 6 parameters
Market Penetration
By department, ministry, geography & category
Historical Analysis
Complete tender history with results
Documents 3
GeM-Bidding-9303342.pdf
Main Document
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS