We have received the e mail about this; but there was no mention about the fees being reduced to 7.5%;   In case it is reduced, I feel we should wrilte to ICAI beofre accepting the tax audit assignment as it may amount to undercutting; if SBI pays 7.5%, then next year all the banks may reduce the rate to 7.5%;   Mohamed Shafi --- On Thu, 1/4/10, CA Vivek Khanna <vivekkhannaca@rediffmail.com> wrote: From: CA Vivek Khanna <vivekkhannaca@rediffmail.com> Subject: {Amresh's CA's} TO ALL SBI AUDITORS To: vivekkhannaca@yahoogroups.com Cc: jigarshahca@gmail.com, kcas@yahoogroups.com, kitba@yahoogroups.com, lucknowca_reinvented@yahoogroups.com, icai_circ_meerut_ca@yahoogroups.com, tripti@icai.org Date: Thursday, 1 April, 2010, 1:21 PM   Dear Members,   State Bank of India has  decided that the Tax Audit for the Financial Year 2009-10 shall also be carried out by the Branch Statutory Auditors as was being done hitherto.    The Fee for the Tax Audit shall be restricted to 7.5% of the audit fee payable for audit of respective branch. No separate TA / HA shall be payable for LFAR / Tax Audit.   Regards CA Vivek Khanna B.COM,FCA, DISA (ICAI) CICASA CHAIRMAN CIRC OF ICAI Partner M/s VIVEK KHANNA CO. CHARTERED ACCOUNTANTS 55/09 Kahu Kothi, Kanpur-208001 09839031710, 0512-2302238, 0512-3296213

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[Attachment(s) from girish kulkarni included below]

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Girish R. Kulkarni, Chartered Accountant O:- Flat No UL-16, Chetan
Super Market, Trimurty Chowk, Aurangabad 431005
Mail:- girishkulk@gmail.com
Phone 0240 –2352001,2352004 Fax 2362144 Mobile 9561096814/9225306814
("on ca_updates" sms to  9870807070 without invert colan to get updates)

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The Aurangabad_CA , its moderator/owner do not claim that contains in mail/information obtained after reading as a complete and accurate disclosure of relevant fact(s).

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[Attachment(s) from CA Saiprasad Bagrecha included below]

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CA Saiprasad P. Bagrecha

"It's best to have failure happen early in life. It wakes up the Phoenix bird in you so you rise from the ashes."

Dare 2 b Different...

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