IndianCAs by Ashwin Nagar

11 September 2009

Opportunities in Banking Sector

Banking Sector

Services of Chartered Accountants are well recognized by the banking industry for different fields in all types of audits, verifications and certifications etc. Top authorities of banks are well versed with the in-depth knowledge, independent opinions/views and expertise of Chartered Accountants. At present, the Banks take the following main services from Chartered Accountants :-

Statutory Audits

Income and Expenditure Audits

Regular Inspections

Stock Audits

Concurrent Audits

Registration of Charges with ROC for Corporate Borrowers

Search reports for charges registered with ROC for corporate borrowers

Special audits for big borrowers

Monitoring large advances

Nationalized and private Banks take most of the above services. Other than statutory audits, different banks are allotting other type of assignments as per their policy by the various authorities at Head Offices, Zonal Offices, Regional Offices and Branch Offices.

Addresses of concerned offices of Nationalized, Scheduled and Private banks where an application for empanelment for different types of audit can be made are given in Annexure-I, II, and III of this Hand book.

Addresses of Nationalised Banks

Sr. No.	Name of the Bank	Address
1.	Allahabad Bank	Asstt. General Manager(Inspection), General Accounts & Audit Deptt., 2, Netaji Subhash Road, Calcutta-700 001 Ph. 033-2200283 Fax 033-2488323 www.allahabadbank.com
2.	Andhra Bank	Andhra Bank Building, Saifabad, Hyderabad-500 004 Ph. 040-230001 Fax 040-233112 www.andhrabankindia.com
3.	Bank of Baroda	Dy. General Manager, Central Inspection Department, Post Box No. 19115, People's Mobile Hospital Building, Dr. Annie Besant Road, Worli, Mumbai-400 025. www.bankofbaroda.com
4.	Bank of India	Express Tower, Nariman Point, P.O. Box No. 11646, Mumbai-400 021. Ph. 020-271021 Fax 020-2834353,2044048 www.boiind.com
5.	Bank of Maharastra	Chief Manager(Inspection & Audit), ATI Division, 1501, Lokmangal, Shivaji Nagar, Pune-411 005. Ph. 020-5532728,5532731 Fax 020-5533246 www.bank-of-maharashtra.com
6.	Canara Bank	Asstt. General Manager, Balance Sheet & Control Accounts Section No. 112, J.C.Road, Bangalore-560 002 Ph. 080-2237237 Fax 080-2233573 www.canarabankindia.com
7.	Central Bank of India	Dy. General Manager, Audit & Inspection Deptt., CBD Belapur, Plot No. 26, Sector No. 11, Opp. Belapur Railway Station, Mumbai-400 614 www.centralbankofindia.com
8.	Corporation Bank	Inspection & Audit Division, Mangaladevi Temple Road, Mangalore-575 001. Ph. 0824-426416-20 Fax 0824-441208 www.corpbank.com
9.	Dena Bank	Inspection & Audit Deptt, Dey Karan Mange Building, 17, Horniman Circle, Mumbai-400 001. www.denabank.com
10.	Indian Bank	Inspection Deptt., 26/27, Jehangir Street, Chennai-600 001. www.indian-bank.com
11.	Indian Overseas Bank	Asstt. General Manager, Inspection Deptt., 763, Anna Salai, Chennai-600 002 Ph. 044-8524337 Fax 044-8523880 www.iob.com
12.	Oriental Bank of Commerce	Dy. General Manager, Inspection & Control Dept., Jawahar Vyapar Bhawan (Annexe), 7th Floor, 1, Tolstoy Marg, New Delhi-110 001. www.obcindia.com
13.	Punjab National Bank	Asstt. General Manager, Revenue Audit Cell, IInd Floor, 5, Sansad Marg, New Delhi-110 001. Ph. 011-3351405 Fax 011-3715360 www.pnbindia.com
14.	Punjab and Sind Bank	Dy. General Manager (Inspection), Inspection Department, 2239, Gurudwara Road, Karol Bagh, New Delhi-110 005. www.punjabandsindbank.com
15.	State Bank of Bikaner and Jaipur	Dy. General Manager (Inspection & Audit), Tilak Marg, Post Box No. 154, Jaipur 302 005. Ph. 0141-382814 Fax 0141-380309
16.	State Bank of India	State Bank Bhawan, M.C. Road, Mumbai 400 021. Ph. 022-8229707 Fax 022-2820842 www.statebankofindia.com
17.	State Bank of Mysore	Chief Inspector, P.B. No. 9727, Kempe Gowda Road, Bangalore-560 009. Ph. 080-2269901 Fax 080-2264753 www.statebankofmysore.com
18.	State Bank of Patiala	General Manager, Inspection Department, The Mall, Patiala-147 001 Ph. 0175225378 Fax 0175-215543
19.	State Bank of Hyderabad	Asst. General Manager/Chief Inspector, Inspection Department, Gun Foundry, Hyderabad-500 001. Ph. 040-3201141 Fax 040-320379 www.sbhyd.com
20.	State Bank of Saurashtra	Chief Vigilance Officer/Inspector, P.B.-51, Neelam Baug Chowk, Bhavnagar-364 001. Ph. 0278-20370 Fax 0278-27032 www.sbsbank.com
21.	State Bank of Travancore	Poojappura, Thiru-Vananthapuram-695012 Ph. 0471-341244-6 Fax 0471-341877,341137 www.sbtr.com
22.	State Bank of Indore	Asst. General Manager, P.B.No. 214, 5, Yashwant Niwas Road, Indore-452 003 Ph. 0731-434580,434584, Fax 0731-537217 www.statebankofindore.com
23.	Syndicate Bank	Audit & Inspection Deptt. Syndicate Towers, Udupi, Karnataka. www.syndicatebank.com
24.	UCO Bank	Asstt. General Manager(Inspection),35/1,Jawahar Lal Nehru Road, Calcutta. www.ucobank.com
25.	Union Bank of India	Dy. General Manager (Central Audit & Inspection Deptt.), 75/55, Mustafa Bazar, Sant Savta Marg, Byculla(E), Mumbai-400 010 www.unionbankofindia.com
26.	United Bank of India	Asstt. General Manager Inspection, Head Office Annexe, 4, N.C.Dutta Sarani, Calcutta-700 001.
27.	Vijaya Bank	Asstt. General Manager Inspection Department, 41/2, M.G. Road Trinity Circle, Bangalore. Ph. 080-5584066 Fax 080-5588853 www.vijaybank.com

Address of Zonal Offices/Audit Offices/LHOs of Banks

Sr. No.	Name of Bank	Address
1.	Allahabad Bank	Zonal Inspection Office, 2874, Hardhian Singh Road, Karol Bagh, New Delhi-110 005. Zonal Office, Allahabad Bank Building, Parliament Street, New Delhi-110 001.
2.	Andhra Bank	Zonal Office, 11/6B, Shanti Chambes, Pusa Road, New Delhi-110 005.
3.	Bank of Maharashtra	Zonal Office, Asstt. General Manager, 6/30, W.E.A. Ajmal Khan Road, Karol Bagh, New Delhi-110 005. Ph. 011-5726559,5720094 Fax 011-5761338
4.	Bank of Baroda	Dy. General Manager, Zonal Office, 4th Floor, Anand Bhawan, Sansar Chandra Road, Jaipur-302 001. Dy. General Manager, Zonal Office, P.B. No. 474, Bank of Baroda Building, 16, Parliament Street, New Delhi-110 001. Asstt. General Manager, Zonal Office, P.B. No. 198, LIC Investment Building, 45, Hajratganj, Lucknow-226 001. Zonal Inspection Centre, D-38, Ashok Marg, Anisha Circle, C-Scheme, Jaipur-302 001. Zonal Inspection Centre, B-329, Sector B.P.B. No. 20, Mahanagar, Lucknow-276 006. Zonal Inspection Centre, DDA Office Cum Shopping Complex, 4th Floor, Rajendra Bhawan, Rajendra Place, New Delhi-110 008.
5.	Bank of India	Zonal Audit Office, Plot No. 19, Block 'B', Janak Puri Community Centre, New Delhi-110 058. Zonal Audit Office, S.C.O. 372-373, Sector 32-D, Chandigarh-160 031.
6.	Canara Bank	Circle Office, 1, Sector-34A, Chandigarh. Ansal Tower, Nehru Place, New Delhi.
7.	Central Bank of India	Zonal Office, P.B. No. 7007, Link House, Press Area, 4, Bahadur Shah Zafar Marg, New Delhi-110 002. P.B. No. 13, 58-59, Bank Square, Sector 17-B, Chandigarh-160 017. P.B. No. 10, Akash Deep, 23, Vidhan Sabha Road, Lucknow-226 001. Block No. 37/2/4, Sanjay Place, Agra-282 002.
8.	Corporation Bank	Regional Office, SCO-54-55, Sec-9D, Madhya Marg, Chandigarh-160 017 Ph. 0172-743564,743558 Fax 0172-743561
9.	Dena Bank	Zonal Inspection Office, Keltron House, 18/7-8, Arya Samaj Road, Karol Bagh, New Delhi-110 005. Ph. 011-5744837,5730400 Fax 011-5755535
10.	Indian Bank	Zonal Inspection Office, Upper Ground, World Trade Centre, Babar Road, New Delhi.
11.	Punjab National Bank	Zonal Manager, Firoze Gandhi Market, Pakhowal Road, Ludhiana-141 001 Ph. 400051, 400053 Fax 429045. Zonal Manager, Atma Ram House, 1, Tolstoy Marg, New Delhi-110 001. Ph. 011-3312625,3310542 Fax 011-3313423 Zonal Manager, PNB House, Sector-17B, Chandigarh Ph. 0172-702329,702739,702478 Fax 0172-703758
12.	Syndicate Bank	Zonal Office, Sarojini House, Bhagwandas Road, P.B.-580, New Delhi 110 001. Ph. 011-3383916,3381352 Fax 011-3383796 Regional Office, SCO-177-178, Sector-17C, Chandigarh Ph. 0172-703689,704417 Regional Inspectorate, 5/65, Ajmal Khan Road, Karol Bagh, New Delhi-110 005. Ph. 011-5727145, 5729959.
13.	State Bank of India	Local Head Office, 11, Sansad Marg, New Delhi-110 001. Sector-17, Post Box No. 139, Chandigarh. New Administrative Building, Moti Mahal Marg, Hazratganj, Lucknow.
14.	Union Bank of India	Zonal Office, Shahid Bhagat Singh Palace, 3rd Floor, Bangla Sahib Marg, Gole Market, New Delhi-110 001 Ph. 011-3346386-87 Fax 011-3347794 Sharda Towers, Kapurthala Complex, Aliganj, Lucknow. Zonal Audit Offices, 10184, 3rd Floor, Surya Kiran Building, Arya Samaj Road, Karol Bagh, New Delhi-110 005 Ph. 011-5730237,5787638 Hotel Clarks Avadh, 8, M.G. Road, Lucknow-226 001. Ph. 0522-225200,216011.
15.	United Bank of India	Zonal Office, Aggarwal Bhawan, 35-36, Nehru Place, New Delhi Ph. 011-6410804,6445524.
16.	Vijaya Bank	Regional Office, 3rd Floor, Vijaya Bank Building, 17, Barakhamba Road, New Delhi-110 001. Ph. 011-3711093,98 Fax 011-3721080.

Scheduled And Private Banks

Sr. No.	Name of Bank	Address
1.	Bank of Madura Ltd.	D.G.M.(Inspection & Audit), Karumuttu Mailayam, 758, Anna Salai, Chennai-600 002 Ph. 044-8523456 Fax 044-852 3702
2.	Bank of Punjab Ltd.	Regd. Office-SCO 46-47, Sector-9D, Chandigarh-160 017 Ph. 0172-741196 Fax 0172-743894 www.bankofpunjab.com
3.	Bharat Overseas Bank Ltd.	Habeeb Tower 756, Anna Salai, Chennai-600 002 Ph. 044-8522983,8523949,8525686 Fax 044-8594615,8524700
4.	Centurion Bank Ltd.	1201, Raheja Centre, Nariman Point, Mumbai-400 021. Ph. 020-2047234-38 Fax 020-2845860 www.centurionbank.com
5.	The Federal Bank Ltd.	General Manager (Accounts & Audit),P.B. No. 103, Alwaye-683 101, Kerala Ph. 0484-62-622566 Fax 0484-62-622672 www.federal-bank.com
6.	HDFC Bank Ltd.	Sandoz House, Dr. Annie Besant Road, Worli, Mumbai-400 018 Ph. 020-4951616 Fax 020-4951771 www.hdfcbank.com
7.	ICICI Banking Corporation Ltd.	Corporate Office, 3rd Floor, Zenith House, Keshav Rao Khade Marg, Mahalakshmi, Mumbai-400 034 Ph. 020-2853594 Fax 020-2870489 www.icicibank.com
8.	IDBI Bank Ltd.	IDBI Tower, Cuffe Parade, Mumbai-400 005. Ph. 020-2189111 Fax 020-2181294 www.idbi.com
9.	Indusind Bank Ltd.	Indusind House, 425, Dadasahad Bhadkamkar Marg, Lamington Road, Mumbai-400 004. Ph. 020-3857474 Fax 020-3809931 www.indusind.com
10.	The Jammu & Kashmir Bank Ltd.	Chief Manager (Audit & Inspection), Central Office, Zam Zam Complex, Ram Bagh, Srinagar-190 015 Ph. 0194-431766 Fax 0194-431766 www.jammuandkashmirbank.com
11.	South Indian Bank Ltd.	Inspection & Audit Department, P.B. No. 28, T B Road, Mission Quarter, Thrissur, Kerela-680 001. Ph. 0487-420020 Fax. 0487-442021. www.southindianbank.com
12.	The Bank of Rajasthan Ltd.	General Manager, (Inspection & Accounts), C-3, Sardar Patel Marg, Jaipur-302 001.
13.	UTI Bank Ltd.	Central Office, Maker Tower 'f', 13th Floor, Cuffe Parade, Colaba, Mumbai-400 005. Ph. 020-2189106 Fax 020-2186944 www.utibank.com
14.	The Vysya Bank Ltd.	72, St. Mark's Road, Bangalore-560 001. Ph. 080-2272021 Fax 080-2272220 www.vysbank.net

Addresses of Banks for Bank Audit

BANK AUDITS – IMPORTANT ADDRESSES

	Head Office	Zonal Office/LHO/Audit Office
ALLAHABAD BANK www.allahabadbank.com	Dy. General Manager (Audit & Inspection) 2, Netaji Subhash Road, Calcutta- 700001 Tel. :033-22204017 Fax: 033-22212422	22, Purshottam Dass Tandon Road, Civil Lines, Allahabad Pin: 211001 Ph:0532 – 2622883,2624254 Fax:0532 – 2420325 114, Raipur Raja Civil Lines, Bahraich Pin: 271801 Ph: 05252 – 232539 Fax: 05252 – 233176 5, Radha Rani Sinha Road, Bhagalpur Pin: 812001 Ph:0641 – 2421626, 2406585 Fax:0641 – 2422551 MP Housing Board Office Complex, Block-C, Ist Floor, Gautam Nagar, Bhopal Pin:462023 Ph:0755 – 2583633, 2583669 Fax:0755 – 2583633 Bajaj Bhawan,Lalbagh, Darbhanga Pin: 846004 Ph: 06272 – 233660,222706 Fax: 06272 – 222156 1, Gandhi Road, 2nd Floor, Clock Tower, Dehradun Pin:248001 Ph: 0135 – 2713976, 2713961 Fax: 0135 – 2713957 Court Road Deoghar Pin: 814112 Ph: 06432 –231685 Fax:06432 – 231559 Near Roadways Bus Station, Babriaich Road, Gonda Pin: 271001 Ph: 05262 – 222687,224023 Fax:05262 – 222505 Mohaddipur, Opp To Gurudawara, Gorakhpur Pin: 273008 Ph:0551 – 2202564,2201724 Fax: 0551 – 2200008 10/379 Remeni(Tarauns), Hamirpur Pin: 210301, Ph:05282 – 223205,224360 Fax: 05282 – 222282 Residency Road, Civil Lines, Jabalpur. Ph:0761 – 2517346,2320377 Fax:0761 – 2626676 A-3, Shubham Tower, Shastri Nagar, Jaipur. Ph:0141 – 2281367, 2281079 Fax: 0141 – 2281369 92 Civil Lines, Jhansi Pin: 284001 Ph : 0517 – 2471360, 2471143 Fax : 0517 – 2471402 113/58, First Floor, Swaroop Nagar, Kanpur Pin:208002 Ph: 0512 – 2545434, 2545419, 2545430 Fax: 0512 – 2214677 Radhey Complex, Kutchery Road, Lakhimpur Kheri. Ph: 05872 – 253009, 257889 Fax: 05872 – 253848 New Building, 3rd Floor, Hazratganj, Lucknow Pin:226001 Ph: 0522 – 2286650, 2287283 Fax: 0522 – 2286338 55, The Mall, Meerut Cantt, Meerut Pin: 250001, Ph: 0121 – 2645847, 2646007 Fax: 0121 – 2644431 Juley Garden, Jangi Road, Mirzapur Pin: 231001 Ph: 05442- 267649 Fax: 05442 – 263891 Civil Lines, Moradabad. Ph: 0591 – 2428552, 2415874 Fax: 0591 – 2415538 Saraiyaganj, Muzaffarpur Pin: 842001 Ph: 0621 – 2215836 Fax: 0621 – 2214372 Budh Marg, Patna-Gaya Road, Patna Pin:800001 Ph: 0612 – 26417225, 26465075 Fax: 0612 – 26466632 Opposite Pandri Mandi Gate, Vidhan Sabha Marg, Raipur Pin:492004 Ph:0771– 265322, 230945 Fax: 0771– 225214 2nd Floor, Paras Complex, Lalpur Chowk, Ranchi-834001 Ph: 0651– 2560357, 2562461 Fax: 0651 – 2561440 Dr. S.P.Mukherjee Road, Nava Durga Chowk, Satna. Ph: 07672 – 246901,246902 Fax: 07672 – 225907 835, Sehgal Building,1st Floor,Lalbagh, Sitapur Pin:261001 Ph: 05862 – 244088,242768 Fax: 05862 – 242368 Taksal Theatre Bldg,Nadesar, Varanasi Pin:221002 Ph:0542 – 2507569,2507573, 2507572 Fax:0542-2502775
ANDHRA BANK www.andhrabankindia.com	General Manager, Inspection & Audit Deptt. Dr. Pattabhi Bhawan, 5-9-11, Saifabad, Hyderabad Tel.: 040-3241915 Fax:040-23210852	Signature Tower,South City 1,NH 8, Gurgaon,Pin: 122001 Ph :0124-2481934,2581936, 2581939,2581938 Maker Tower 8-F,Cuffe Parade, Mumbai Pin: 400005 Ph: 022-22188945,22185828 4/2 Keraya Road,IInd floor, kolkata Pin: 700017 Ph: 033-22818247,22810608
BANK OF BARODA www.bankofbaroda.com	General Manager, Central Inspection & Audit Division 2nd Floor, Baroda House S.V Road, Jogeswari Street Mumbai-400 102 Ph. :022-26794910, 26792120(GM) 26790168(DGM), 26799837(AGM) Fax:022-26791305	8th Floor, BSFC Building Fraser Road, Patna Pin:800001 Ph:0612-2236425, 2221296 Fax: 0612- 2236426 PB No198, Jeewan Bhavan, 45 Hazaratganj, Lucknow Pin: 226001 Ph:0522-2228251-54,2228675, 2226019 Fax: 0522- 2223725 Plot No 238 Zone-1,Maharana Pratap Nagar, Bhopal Pin: 462011 Ph:0755-2572297, 2557696, 2555725 Fax: 0755-2553218 Anand Bhawan, 4th Floor, SC Road, Jaipur Pin: 302001 Ph:0141-2374970, 2379333 Fax:0141- 2366902 129-D, Civil Lines, Bareilly. Ph:0581-2424183, 2427397 Fax:0581-2472119
BANK OF INDIA www.boiind.com	STAR HOUSE, C-5, G Block, Bandra Kurla Complex, Bandra East, Mumbai-400 051 Ph.: 022-56684444 Fax: 022-56684408	Star House, 4^th Floor, Vibhuti Khand, Gomti nagar, Lucknow Pin:226010 Ist floor ,Jeevan Prakash LIC Building , Sanjay Place, MG Road, Agra Pin:282002 Ph:0562-2526021,2525953 43,Navyug Market,PO Box No134, Ghaziabad Pin:201001 Virendar Smriti Complex,15/54B, Civil Court Road,Civil Line, Kanpur Pin: 208001 Ph: 0512-304318 B 20/44, A-7,Bhelupura, Varanasi Pin:221010 Ph: 0542-276209 Chanakya Place Bir Chand Patel Marg, Patna Pin: 800001 Ph: 0612-2223369 Adampur chowk, Bhagalpur Pin:812001, Ph:0641-2420688,2406026 Pankaj Market, Sariaya Ganj, PO Box No17, Muzaffarpur Pin:842001 Ph: 0621-2226550 Pradhan Tower,Near Over bridge, Main Road South, PO Box No141, Ranchi Pin: 830001 Ph:0651- 2200520 SR Mansion, Shastri nagar, Dhanbad Pin: 826001 Ph: 0326-2304012 Sakchi Boulevard, PO Box No36 , Jamshedpur Pin:831001 Ph: 0657-2434285 New zonal Head Quarters Building, Opp. Central Jail Road, Bhopal Pin: 462011 Ph: 0755-2553354 22,Yashwant Nivas Road, Indore Pin: 452003 Ph: 0731-2531717 Near Russel Chowk, Govind Kunj Colony, Ist floor,Napier Town Jabalpur Pin:482001 Ph:0761-2504284,2625077 PO Box No10, 18, Shanku Marg Free Ganj, Ujjain Pin 456001 Ph:0734-2514800 Makoder House, C-63, PO Box No346,Sarojini Marg C-Scheme, Jaipur Pin: 302001 Ph:0141-2366483
BANK OF MAHARASHTRA www.bank-of-maharashtra. com	Chief Manager Inspection & Audit ATI Division, 1501 Lokmangal Shivaji Nagar, Pune Tel. 020-25532728 25532731 Fax.020-25533246	1/14 Prashasanik Zone, Area Hills, Jail road, Bhopal Pin: 462011 Ph: 0755-2550808,2554973,2551003 6-30/31WEA,Ajmal Khan Road,Karol Bagh , New Dehli. Ph: 011-225729563,25744822 Fax: 011-2576138 Sahitya Sabha Bhawan ,688,MG Road, Indore Pin:452007 Ph: 0731-2435924 Fax: 0731-2432887 Building No7, Ist floor OppTelephone Exchange, Ist Floor, Wright Town, Jabalpur Pin: 480002 Ph: 0761- 2312152,2411080 Mcleod House, Ist floor 3NS Road , Kolkata Pin:700001 Ph: 033-2430286,2430287 Fax: 033-2482976 Chawala Complex, Sai Nagar, Raipur Pin:492001 Ph:0771-2522718,2522716,2551316 Fax:0771- 25092616
CANARA BANK www.canarabankindia. com	Inspection Wing Spencer Tower, 88, MG Road, Banglore-560 001 Balance sheet & Control Account Section 112, IC Road, Bangalore-560 002 Ph: 080-22237237	4 Sapur Marg,Rohit Bhawan, Post Box no31, Lucknow Pin:226001 Ph:0522-2302506 Lav Kush towers, 3^rd & 4^th floor, Post Box:195,Exhibition Road, Patna Pin:800001 Ph:0612-2222288 Ansal Building, Nehru Place, New Delhi.
CENTRAL BANK OF INDIA www.centralbankofindia. com	General Manager Audit & Inspection Deptt. C.B.D. Belapur, Plot 26, Sector 11, Mumbai-14 Ph. : 022-27570832(Board) 27580571(GM) 022-27580573(DGM) Fax :022-27570814	Block No37/2/4 Sanjay Place, Agra Pin:282002 Ph:0562-2221342/45,2350313 Fax: 0562-2351341 Post Box No10,Akashdeep 23,Vidhan Sabh Road, Lucknow Pin: 226001 Ph:0522-2211301-4,2226301,2213240 Fax:0522-2221213 9,Arera hills,Jail Road, Bhopal Pin:462011 Ph:0755-2552026,2551546,2552023 Fax :0755-2552019 Ist floor Block-C, Bombay Market GE Road, Raipur Pin:492001 Ph: 0771-2226756,2225171,2234216,2537540 Fax: 0771-234895 Pawapuri Vihar Building,NH-28, Near Baghwanpur Chowk, Muzaffarpur. Ph:0621-2273026,2275663 Fax:0621- 2272982 2^nd Floor Block –B,Maurya Lok complex, Dak Bangalow Road, Patna Pin 800001 Ph:0612-2235664,2226607,2222871,2226607 Fax: 0612-2221898 PO Box No7007, Link House Press Area, 3 Bahadurshahzafar Marg, New Delhi Pin:110002 Ph:011-23318964,23319268,23319269, 23319280,23324676,23319521 Fax: 011-23311332,23712677
CORPORATION BANK www.corpbank.com	Dy. General Manager Inspection & Audit Div., Mangladevi Temple Road PB No.88, Mangalore Ph. : 0824-2426416, 2426420,2421685	1-1/F, Ashok Marg near Nishant Ganj, Gomti Bridge, Lucknow Pin: 226001 Ph: 0522-2207102,2205263 Fax: 0522-2205126 16/10 Ist floor,Main Arya Samaj Road,Karol Bagh, New Delhi. Ph:011-25787488,257391472 Fax:011-25738445 2B/IInd floor,Park center, 24Park Street, PO Box No9421, Kolkata Pin:700016 Ph: 033-2298056,2290103,2457335
DENA BANK www.denabank.com	Chief Manager Inspection & Internal Audit Department 17, Horniman Circle Fort, Mumbai Ph. :022-22660324 Fax:022-22665600	28-A Vidhan Sabha Marg, Lucknow Pin:22 6001 Ph:0522-2615413,2611615 107,Goswami Bhawan Derasia Road, Bhopal. Ph: 0755-5255308,2745759, Fax:0755-2745719 18/7,Keltron Chambers,Arya Samaj Road, Karol Bagh, New Delhi. Ph: 011-25815828,25823365,25740259,25730400 Alpee Court,Ist Floor,225-C, Acharya KBoseRoad, Kolkata Pin:700020 Ph:033-22473860,22403669,22409894 Fax:033- 22470493
INDIAN BANK www.indian-bank.com	Dy. General Manager(I) Inspection Department 26/27, Jehangir Street, Chennai-600 001 Ph. : 044-25270796	Upper Ground floor, World Trade Center, Babar Road, New Delhi Pin:110001 Ph:011-23412340,23413461,23412471 Fax:011-23412860 Ist floor,Govind Bhawan, New Dak Bangalow road, Patna Pin: 800001 Ph:0612-2225293,2221480,2221494 2B,Habibullah Estate,II MG road Hajrat Ganj, Lucknow Pin:226001 Ph:0522-2614020,2222777 Navrang,Swastik Char Rasta, Gujrat University Road,Navrangpura, Ahmedabad Pin:380009 Ph:079-6442146,6425853,6562699,6427819, Fax: 079-6441026
INDIAN OVERSEAS BANK www.iob.com	Astt. General Manager Inspection Department Central Office, 762 Anna Salai, Chennai-600002 Ph. : 044-28524337 Fax: 044-28523880	Rachna Building III floor,2 Rajendra Place, Pusa Road, New Delhi. Ph: 011-25724838,25727059 Fax:011-25757265,25730568, Chandra Nivas D-23/A,Prithviraj Road,C Scheme, Jaipur Pin:302005 Ph:0141-2384757,2381770,2382297 Fax: 0141- 2382352 Navchetna Kendra,3^rd floor,10Ashok Marg, Lucknow Pin:226001 Ph: 0522-2287164,2287161,2287166,2287165 Fax:0522-2287162 LIC Building,Mangal Pandey Nagar, Opp. CCS University, Meerut Pin:250005 Ph: 0121-2761656,2767469 Naseema Building,II&III floor, West Gandhi Maidan, Patna Pin:800001 Ph:0612-2206208,2232663 Fax:0612-2223409
ORIENTAL BANK OF COMMERCE www.obcindia.com	Dy. General Manager Inspection & Control Deptt 14/15, Shivam House F-Block., CP, New Delhi Ph. : 011-23319875 Fax: 011-23722620	85/4 Sanjay Place, IInd floor Ispat Bhawan, Agra Pin:282002 Ph: 0562-2354449,2358814 Fax:0562- 2358816 148,civil lines, Ist floor, Bareily Pin:243001 Ph:0581-2421782,2420774,2421323,2423775 Indira Press Complex, Mahrana Pratap Nagar,Zone1, Bhopal Pin:462011 Ph:0755-2553820,2765013,2553856,2767216 Fax:0755- 2553851,2553517,2553518 Radha Palace,Ist Floor, 78 Rajpur Road, DehradunPin:248001 Ph:0135-2746053,2741551,2745491 Fax:0135-2749715 107/01 Parkstreet,5^th floor, Kolkata Pin:700016 Ph:033-2261679,2261622,2267199,2264990 Fax:033-2494402 PO Box No107,KJ13,Kavi Nagar, Ghaziabad Pin:201002 Ph:0120-2702603,2702641,2700249,2700018 Fax:0120-2701301 Anand Bhawan, IInd floor, Chandra Road, Post Box no343, Jaipur Pin:302001 Ph:0141-2379504,2314662 Fax: 0141-2365315 C-43/28/1 ,Nawal Kishore Road, Hazratganj, Lucknow Pin:226001 Ph: 0522-2224166,2227499,2223671,2226214, 2283663,2216041,2215869, Fax:0522-2227499 173-174,G-Block, Ist floor,Sukhadia Circle, Shri Ganga Nagar Pin:335001 Ph: 0154-2427956,2426114,2422379,2425356 Fax: 0154-2427954
PUNJAB NATIONAL BANK www.pnbindia.com	7, Bhikaji Cama Place, New Delhi	PNB House,2-Nehru Place,Tonk Road, Jaipur Pin:302015 Ph: 0141-2743349,2743318, 2743661, 2743017, 27431179, 2743112, 2743113 Fax: 0141-2743042 Nav Chetna Kendra, 10, Ashok Marg, Lucknow Pin: 226001 Ph:0522- 2280009,2280022,2280014,2280040 Fax:0522- 2280011 Madina Manzil Medical College Road, Kacheri Chowk, Raipur Pin:492001 Ph: 0771- 2229389,2228231,2235626,2235640 Fax: 0771- 2224559 Bagroy Market, Main Road, Ranchi Pin: 834001 Ph: 0651- 2204772, 2205165, 2301282 Fax: 0651- 2209071 18 New Road, Dehradun Pin: 248001 Ph: 0135- 2653193,2657792,2657633,2656164 Fax: 0135- 2656164 Jeevan Prakash, LIC Bldg,2nd Floor,Sanjay Place, Agra Pin: 282002 Ph: 0562- 2351336,2353581,2350116,2350201 Fax: 0562-2350131 LIC Building, Prabhat Nagar, Saket, Meerut Pin: 250001 Ph: 0121- 2645230,2646150,2647055,2647054 Fax: 0121- 2645303
PUNJAB & SIND BANK www.punjabandsindbank. com	Bank House, 7th Floor, 21, Rajindra Place, New Delhi-ll0 008 Ph. : 011-25719088	Gagan Deep Complex, Civil Lines, Bareily. Ph: 0581-2428056 Fax: 0581-2421137 8 Jawala Devi Building,Lal Bagh, Lucknow. Ph: 0522-2428056 Fax:0522- 2221337 201 Sautiganj, Meerut. Ph: 0121-2660872, 2666131 Fax: 0121-2661427 186,MP Nagar, Zone-2, Bhopal. Ph: 0755-2559311 14/15,Old Court House Street, Kolkata. Ph:033-22101677 C-29,Govind Marg,Adarsh Nagar, Jaipur. Ph: 0141-2607708
STATE BANK OF PATIALA www.sbp.co.in	General Manager, Inspection Department The Mall, Patiala-147 001 Ph. :0175-2225378 Fax:0175-2215543	NBCC Place Bhisham Pithamah, Marg,Lodhi road, New Delhi. Ph: 011-24369004,24367140 Fax:011- 24365141
STATE BANK OF INDIA www.sbi.co.in	Inspection & Management Audit Deptt., Central Oftice, 5-9-22, Sarovar Complex Sectretariat Road, Hyderbad-500 004 Ph.: 23233282 1 Fax:23297289	Hamidai Road, Bhopal Pin:462001 Ph:0755-2747097,5288501 Fax :0755-2747376 Jayendra ganj, Gwalior Pin:474009 Ph: 0751-5087493,2320544 Fax: 0751-2425182 Vijay Nagar, Krishi Upaj Mandi, Jabalpur Pin: 482002 Ph: 0761-2640351 Fax: 0761-2640354 Shanker nagar, Raipur Pin:492007 Ph: 0771-5040501, 5040503 Fax: 0771-5040502 148,Civil Lines near Kutchery, Bareily 243001 Ph: 0581-2421272, 2426063,2427720 Townhall PO, Gorakhpur. Ph:0551-2333349,2334329,2337929 Fax: 0551-2338652 The Mall, Kanpur Pin: 208001 Ph: 0512-2311820,2382119,3264445 Halwasia Building,Hajratgunj, Lucknow Pin:226001 Ph:0522-2226124,2214463 Kutchery, Varanasi Pin:221001 Ph: 0542-2346357,2343079,2348126,2342283 Fax: 0542-2348005 38/4A,Sanjay Palace, Agra Pin:282004 Ph:0562-2151191,2150125 Fax:0562- 2150126 52,Rajpur Road, Dehradun Pin:248001 Ph: 0135-2746141,2748013 Fax: 0135- 2745956 Garh road oppShashtri Nagar Meerut Pin: 250005 Ph:0121-2760372,2763113 Fax:0121- 2762528 Court Road, Bhagalpur Pin: 812001 Ph:0641-2401066,2400670 Fax:0641- 2400828,2427416 Club Road,Ramna , Muzaffarpur. Ph:0621-2283392,2245496 Fax: 0621-2283626 Faraser Road, Patna Pin:800001 Ph:0612-2236061, 2275507 Fax:0612- 2222514 PO Purnea Distt , Purnia Pin:854301 Ph:06454- 2222426,2222416 Fax:06454- 2222816 Court Compound, Ranchi Pin:834001 Ph:0651-2315289,2246932 Fax:0651- 2304702 5 Nehru Place,Tonk Road, Jaipur Pin:302015 Ph: 0141-2742144 Fax: 0141- 2743673
STATE BANK OF BIKANER JAIPUR www.sbbjbank.com	Inspection & Audit Deptt. Tilak Marg, C-Scheme Post Box No.154, Jaipur Ph.: 0141-2380420 to 427 Fax:0141-2202394	Ahinsa Bhawan,Shanker Road, New Rajendra nagar, New Delhi Ph: 011-25733934,25734932 Sabharwal House, 746, PD Hinduja Marg,KharWest, Mumbai Pin:400052 Ph:022-26000793,26480215 Fax:022- 26491051 Public Park, Bikaner. Ph: 0151-2544246,2545405,2545440 C-54,Sarojini Marg, C-Scheme, Jaipur. Ph: 0141-2364879,2378201,25107772,2364726 6-A Newfateh Pura, Udaipur. Ph: 0294-2524250,2522892 Fax:0294-2525998 A-23 Shashtri Nagar, Jodhpur. Ph: 0291-5103837,5103838,2634710, 5103838,2432674
STATE BANK OF HYDERBAD www.sbhyd.com	GM, (Inspection) Gun Foundary, Hyderabad Ph.: 040-23387703	Plot No 1, Town Centre,CIDCO, Aurangabad Pin: 431001 Ph:0240-2487401, 2488590 Fax: 0240-2485938 Supermarket Complex, Gulbarga Pin: 585101 Ph : 08472-2421072, 2421938 Varakantam Complex, Kachiguda X Roads, Hyderabad. Ph: 040-27561771 Fax: 040-27801484 Rachana Sansad, 1st Floor, 278,Shankar Ghanekar Marg,Prabhadevi, Mumbai Pin: 400025 Ph: 022-24310996 Fax: 022-24372692 Prakash Nagar, Begumpet, Secunderabad Pin: 500016 Ph: 040-27765109 Fax: 040-27765378 Aditya Complex, Rajendra Nagar, Seetampet Main Road, Vishakapattanam Pin: 530016 Ph: 0891- 2704514 JPNRoad, Warangal Pin: 506001 Ph: 08712-2560041 Fax: 08712-2560207
STATE BANK OF SAURASHTRA www.sbsbank.com	Chief Vigilance, Ofiicer/lns. Nilambaug Chowk Bhavnagar-364 00 I Ph.: 0278-2439390 Fax: 0278-2427032	Shayam Gokul Building, A/24 Swastik Society, Navrangpura, Ahmedabad. Ph: 079-6405826
STATE BANK OF INDORE www.statebankof indore.com	Dy. General Manager, PBNo. 214, 5, Yashwant Niwas Road, Indore Ph.: 0731-2540940	163,Ghiya Chamber,Kanchan Bagh, Indore. Ph: 0731-2524655,2523002 Fax:0731-2527203 EMCA House 289,Shaheed Bhagat Singh Road, Mumbai. Ph:022-22692578,22693426,22678543,22691962, 226563387-93 Fax:022-22705734 1Arera Hills, Bhopal. Ph:0755-5283310,2554482,2554490,5283305 Fax:0755-5278205,5283303
SYNDICATE BANK www.syndicatebank.com		43/28, Nawal Kishore Road, Sky Lark Building, Hazratganj, Lucknow Pin: 226001 Ph:0522-2220466,2227808 Fax: 0522-2201377,2201364 Bhawani Puram,near jail chungi,university road, Meerut Pin 250004 Ph:0121-2769997,2766844,2768622,2770415 Sheohar Sadan, IIfloor, Fraser Road, Patna. Ph: 0612-2234219 Shikarvasta,04,Indira Press Complex, Maharana Pratap Nagar, Bhopal Pin: 462011 Ph: 0755-2561244 Sarojini House,6 Bhagwan DasRoad, PO Box No 5801, New Delhi Pin:110001 Ph:011-23384277
UCO BANK www.ucobank.com	Dy. GM, Insp. Deptt. 16A, BTM Sarani, Kolkatta Ph. :033-22341327 Fax;033-22341327	Central Jail Road, Bhagalpur Pin:812001 Ph: 0641-2400268,2400641 Fax: 0641-2400217 Maurya Lok complex, Block-A, 4^th floor,Dak Bungalow Road, Patna Pin:800001 Ph: 0612-2220489 Fax :0612-2226923 Rajendra Jawan Bhawan Complex, Sainik Bazar, Main Road, Ranchi Pin:834001 Ph: 0651-2304845 Fax: 0651-2206152 E-5,Arora Colony, Bhopal Pin:462016 Ph:0755-2464952,2466270 2^nd floor,380 Saket Nagar, Near KDCare Hospital, Indore Pin:452001 Ph:0731- 2560878 Fax: 0731-2560879 97, Anand Nagar ,G E Road, Raipur Pin: 492001 Ph: 0771-2427786, 2622506 Fax: 0771-2423913 Commercial Center, Khailand Market, Ajmer Pin:305001 Ph: 0145-2479552, 2424018 Fax: 0145-2429552 Arcade International,Ajmer Road, Civil Lines,Jaipur Ph: 0141-2225617, 2224967 Fax: 0141-2226163 G-79, Shastri Nagar, Jodhpur Pin:342003 Ph: 0291-2633721,2633722,2633723 Fax: 0291-2433039 35 A/8, Rampur Garden,OppPrabha Cinema, Bareily Pin: 243001 Ph:0581-2457456 Fax:0581-2457457 Akashdeep Bhawan,23 Vidhan Sabha Marg, Lucknow Pin:226001 Ph: 0522-2213667,2226365 Fax: 0522-2225432 B-27/92-5,Jawahar Nagar,Bhelupura, Varanasi Pin:221010 Ph:0542-2275794 Fax:0542-2275798
UNION BANK OF INDIA www.unionbankof india. com	Dy. General Manager Central Audit & Ins. Deptt. Union Bank Bhawan 239, Backbay Reclamation Mumbai-400 021 Ph.; 022-22024647 Fax: 022-22025624	Kapoorthala Complex, Ali Gunj, Lucknow. Ph: 0522-2379796,2371359 Fax: 0522-2335152 1^st Floor, Gangotri Complex, Bhadpadha Road, T T Nagar, Post Box no 320, Bhopal. Ph: 0755-2774280,2774282 Fax:0755-2774284 Alepe Court, 1^st floor 225-A, Acharaya J C Bose Road, Kolkata. Ph: 033-2471367,2801243 Fax: 033-2408518 3^rd floor,Shaheed Bhagat Singh Place, Bangla Sahib Marg , Gol Market, New Delhi. Ph: 011-23743026,23348270 Fax:011-23347795
UNITED BANK OF INDIA www.unitedbankof india. Com	Dy. General Manager Inspection Dcpartment 4, N.C.Dutta Sarani Kolkatta-700001	4-B Habibullah Estate,Hazratganj, Lucknow Pin:226001 Ph: 0522-2227735,2228779 Fax: 0522-2215072 Abhay Bhawan,2^nd floor,Fraser road, Patna Pin:800001 Ph: 0612-2225996, 2237219 Fax: 0612-2226296 Pee Pee Compound,Saluja Building, IIIrd floor, Main Road,PO Box No172, Ranchi Pin:834001 Ph: 0651-2203321 Fax: 0651-2206296 35-36,Agarwal Bhawan,Nehru Palace, New Delhi Pin:110019 Ph: 011-26216128,26445524,26410804 Fax:011-26473043 25,Sir Pheroz Shah Mehta Road,4^th Floor, Mumbai Pin:400001 Ph: 022-22024734,22873424,22873467 Fax: 022-22024340 A-88, Kalpana Area, Bhubaneshwar Pin:751014 Ph: 0674-2314532,2314533,2314530 Fax: 0674-2314531
VIJAYA BANK www.vijaybank.com	Dy. General Manager Central Inspection Department 41/2, M.G Road, Banglore-560001 Ph.: 25584066	Trimurty Apartments,97,Parkstreet, Kolkata Pin:700016 Ph:033-2261182,2269145 Fax:033-2262163 Vijaya Building, 17, Barakhamba road, New DelhiPin:110001 Ph:011-23711093,23711098 Fax:011-23721080 PO Box No183, Nehru Bhawan , No1, BN Road, Kesarbagh, Lucknow Pin:226001 Ph:0522-2216566,2221495 Fax: 0522-2223854 Kamdhenu Complex,Opp Polytechnic, Ambawadi, Ahmedabad Pin380015 Ph: 079-6307192,6306893, 6302567 Fax: 079-6307860 Ispat Bhawan,Maulana Azad Road,Rehabari, Guwahati Pin:781008 Ph: 0361-2541123 Fax: 0361-2548803

09 September 2009

Cost Inflation Index- 09-10- 632

NOTIFICATION NO

67/2009, Dated: September 9, 2009

In exercise of the powers conferred by clause (v) of the Explanation to section 48 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), Central Board of Direct Taxes, number S.O.709(E), dated the 20th August, 1998, namely :-

In the said notification, in the Table, after serial number 28 and the entries relating thereto, the following serial number and entries shall be inserted, namely:-

2009-10

632

F.No.142/13/2009-TPL

(Vijay Kumar Jaiswal)
Under Secretary (TPL-IV)

Note :- The principal notification was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section(ii), vide number S.O.709(E), dated the 20th August, 1998 and was last amended vide number S.O. 2037(E), dated the 13th August, 2008.

Prohibition on Crediting Proceeds to Third Party Account

Date: Sep 07, 2009

Collection of Account Payee Cheques - Prohibition on Crediting Proceeds to Third Party Account

RBI/2009-10/148
RPCD.CO.RF.BC.No.18 /07.38.03/2009-10

September 7, 2009

All State Co-operative Banks (StCBs) and
District Central Co-operative Banks (DCCBs)

Dear Sir,

Collection of Account Payee Cheques -
Prohibition on Crediting Proceeds to Third Party Account

Please refer to our circular RPCD.CO.RF.BC.No.78/07.38.03/2005-06 dated April 27, 2006 in terms of which banks are prohibited from crediting 'account payee' cheque to the account of any person other than the payee named therein.

2. It has been brought to our notice that some banks are collecting third party account payee cheques on behalf of co-operative credit societies who are their constituents. While reiterating that such practice of collection of third party cheques is not permissible, in order to facilitate collection of cheques from the payment system angle, account payee cheques deposited with the sub-member for credit to their customers' account can be collected by the member bank (referred to as the sponsor member) of the Clearing House. Under such arrangements, there should be a clear undertaking from the sub-member to the effect that the proceeds of the account payee cheque will be credited to the payee's account only, upon realisation.

Yours faithfully,

(R C Sarangi)
Chief General Manager

--
CA. V.M.V.SUBBA RAO
Chartered Accountant
Door No.24-2-1885,
I Floor, Flat No.5,
Siddivinayaka Residency, I Cross,
Central Avenue, MSR Nagar,
Magunta Layout,
Nellore-524 003
Andhra Pradesh
India
Mobile:+91 - 0 9390221100
+91 - 0 9440278412
e-Mail: vmvsr@rediffmail.com
vmvsr@yahoo.co.uk

07 September 2009

ITAT Member Transfer Orders

TRANSFER ORDER

THE ITAT President has issued the transfer order of the following Members with effect from the afternoon of 11th September, 2009.

Name & Designation	From	TO
1. Sri I.C.Sudhir J.M.	Jaipur	Pune
2. Sri Bhavnesh Saini J.M.	Indore	Kolkata
3. Sri. Pramod Kumar A.M.	Pune	Mumbai
4. Sri. Mukul K. Sharwat, J.M.	Pune	Agra
5. Sri. Jogindra Singh, J.M.	Chandigarh	Indore
6. Sri M.L.Gusia A.M.	Indore	Allahabad
7. Ms Sushma Chawla, J.M	Mumbai	Chandigarh
8. Sri N.L.Kalra A.M.	Bangalore	Jaipur
9. Sri.V. K. Gupta A.M.	Nagpur	Indore
10. Sri.D. Karunakar Rao A.M.	Mumbai	Pune
11. Sri.Abraham P. George A.M.	Mumbai	Chennai

Dated : September 1, 2009

Dos and Dont's-ITR-V

Dos and Dont's for printing and submitting of ITR-Vs to
ITD-CPC Bangalore

1. Please use Ink Jet /Laser printer to print the ITR-V Form. 2. The ITR-V Form should be printed only in black ink. 3. Do not use any other ink option to print ITR V. 4. Use of Dot Matrix printer should be avoided. 5. Ensure that print out is clear and not light print/faded copy. 6. Please do not print any water marks on ITR-V. The only permissible watermark is that of "Income tax Department" which is printed automatically on each ITR-V. 7. The document that is mailed to CPC should be signed in original. 8. Photocopy of signatures will not be accepted. 9. The signatures or any handwritten text should not be written on Bar code. 10. Bar code and numbers below barcode should be clearly visible. 11. Only A4 size white paper should be used. 12. Avoid typing anything at the back of the paper. 13. Perforated paper or any other size paper should be avoided. 14. Do not use stapler on ITR V acknowledgement. 15. In case you are submitting original and revised returns, do not print them back to back. Use two separate papers for printing ITR-Vs separately. 16. Please do not submit any annexures, covering letter, pre stamped envelopes etc. along with ITR-V. 17. The ITR-V form is required to be sent to Post Bag No.1, Electronic City Post Office, Bengaluru, Karnataka-560100, by ordinary post. 18. ITR-Vs that do not conform to the above specifications may get rejected or acknowledgement of receipt may get delayed.
Extension of time limit for filing ITR-V form

The Central Board of Direct Taxes had, vide circular No.3/2009 dated 21.05.2009, allowed assessees who file their income tax returns in electronic form without digital signature to submit their verified ITR-V form, within a period of 30 days, thereafter. The ITR-V form was required to be sent to Post Bag No.1, Electronic City Post Office, Bengaluru, Karnataka-560100, by ordinary post.

It has now been decided to extend the time limit for filing the ITR-V form by relaxing the stipulations in the circular dated 21.05.2009. The ITR-V form relating to returns which have been filed electronically (without digital signature) on or after 1st April, 2009 can now be filed on or before the 30th September, 2009 or within a period of 60 days of uploading of the electronic return data, whichever is later. The ITR-V should continue to be sent by ordinary post to Post Bag No.1, Electronic City Post Office, Bengaluru, Karnataka-560100.


To assist taxpayers, a limited call center service with two agents has been established at ITD-CPC, Bengaluru. Taxpayer queries on status of ITR-V receipt at CPC, Bengaluru will be answered on 080-43456700 between 9:30 AM to 6 PM between Monday to Friday. The service will be available in English, Hindi and Kannada.