RBI GRADE B OFFICERS QUESTION PAPERS SOLVED

GO TO FOLLOWING LINK

http://www.mediafire.com/download/pb6a4tcwzjpkut6/RBI_Grade_B_Previous_Paper_-_Gr8AmbitionZ.pdf

Punjab Infrastructure Development Board Recruitment

Punjab Infrastructure Development Board  headed by the Chief Minister Punjab and
designated agency of the State engaged in the development of Infrastructure invites
applications for one post each of Assistant General Manager (Finance), Assistant General
Manager (Projects) and Assistant General Manager (Architecture & Planning) on contract
basis. The appointment will be for an initial period of five years and can be extended.The
persons so appointed will be paid a Gross remuneration of Rs. 75,000/- per month with a
10% annual increase

Qualification The candidates should possess following minimum educational qualifications from very
reputed institutions:-
● Assistant General Manager (Finance) : B.Com and MBA Finance
● Assistant General Manager (Projects) : BE Civil/Electrical/Mechanical and MBA
● Assistant General Manager (Architecture & Planning) : B. Architect/BE(Civil) and Masters in Planning with
specialization in Urban design/Architecture
Candidates must also have scored not less than 80% marks in 10+2 and 70% marks each in
Graduation and Masters. Knowledge of Punjabi Language upto Matric Standard is desirable.
The candidates must have minimum two years of experience of working in the relevant
fields. The candidates with score above qualifying marks in Graduation and Post Graduation
and above minimum experience will be given added weightage. The candidates should also
upload the scanned copy of filled up application form.

FOR APPLICATION FORM GO TO FOLLOWING LINK

http://www.pidb.org/pubic_appointments.pdf

Recruitment to the post of Officers in Gr ‘B’ (General)-DR

Recruitment to the post of Officers in Gr ‘B’ (General)-DR

IMPORTANT DATES:-

Website Link Open- For ON-LINE Registration of Applications	12/06/2013 to 11/07/2013
Payment of Fees - ON-LINE	12/06/2013 to 11/07/2013
Payment of Fees at Bank Branches (OFF-LINE)	14/06/2013 to 15/07/2013

Number of Vacancies
Post	Unreserved i.e., General (GEN)	Scheduled Castes (SC)	Scheduled Tribes (ST)	Other Backward Classes (OBC)#	TOTAL
Officers in Grade 'B' (General) – (Direct Recruitment - DR)	49	15	07	27	98*

Educational Qualifications (as on 01/06/2013): i) A First Class Bachelor's Degree with a minimum of 60% marks or an equivalent grade, in aggregate of all semesters / years ; OR ii) A Second Class Master's Degree with minimum of 55% marks or an equivalent grade, in aggregate of all semesters / years; OR iii) A Doctorate Degree; with minimum of 50% marks or an equivalent grade, in aggregate of all semesters / years in Master's Degree; OR iv) Chartered/Cost Accountant/Company Secretary (ACS) with a Bachelor's Degree; OR v) A Post Graduate Diploma in Management / MBA qualification from institutions recognized by Government of India / University Grants Commission, with Graduation / Bachelor's Degree.

NOTE: (1) SC/ST/PWD candidates having second class with a minimum of 50% marks or an equivalent grade, in aggregate of all semesters / years in Bachelor's Degree examination : OR having a Post-graduate Degree or equivalent recognized qualification, are eligible to apply.

Pay Scale:

Selected Candidates will draw a starting basic pay of `21,000/- p.m. in the scale of `21000-1000-30000-EB-1000-32000-1100-36400 applicable to Officers in Grade B and they will also be eligible for Dearness Allowance, Local Allowance, House Rent Allowance, Family Allowance, and Grade Allowance as per rules in force from time to time. At present, initial monthly Gross emoluments are approximately `47,855/-.

Note: For candidates possessing very high academic or professional qualification / experience of significant value to the Bank, the Bank may, at its sole discretion, consider granting up to four advance increments. The Board, at its sole discretion, may consider requests for higher emoluments on account of higher qualification/special experience of value to the Bank at the interview stageonly. Such information may be furnished in the Bio-data Form in the appropriate column. The number of maximum increments will be four. The Board/Bank will not entertain any request received after the interview.

FOR INFORMATION GO TO FOLLOWING LINK

http://rbi.org.in/scripts/bs_viewcontent.aspx?Id=2685

PRESERVATION OF BOOKS UNDER INCOME TAX ACT,1961

PRESERVATION OF BOOKS UNDER INCOME TAX - There is no such in writing that for how long a company have to preserved its Books of Accounts for Income Tax Purpose, But according to section 209 4 (A) of the Companies Act, a company should maintained its books of accounts for period of at least 8 years.

Now Question arise  as per Income Tax Act, Some CA's give opinion on this that every person should preserve books of accounts and other documents   for atleast 6 years from the end of relevent assessment year. They are giving there opinion by reading the following ,

RULE 6F (5) OF SECTION 44AA(3) (BARE ACT)
The books of account and other documents specified in sub-rule (2) and sub-rule (3) shall be kept and maintained for a period of ⁷⁵[six] years from the end of the relevant assessment year:

But One must understand the above provision , this section is for persons carrying on legal, medical, engineering or architectural profession or the profession of accountancy or technical consultancy or interior decoration or authorised representative or film artist and NOT FOR A COMPANY/NON COMPANIES.

POINT TO BE NOTED (MY OPINION)

153A. BARE ACT  Notwithstanding anything contained in section 139, section 147, section 148, section 149, section 151 and section 153, in the case of a person where a search is initiated under section 132 or books of account, other documents or any assets are requisitioned under section 132A after the 31st day of May, 2003, the Assessing Officer shall—

          (a)  issue notice to such person requiring him to furnish within such period, as may be specified in the notice, the return of income in respect of each assessment year falling within six assessment years referred to in clause (b), in the prescribed form and verified in the prescribed manner and setting forth such other particulars as may be prescribed and the provisions of this Act shall, so far as may be, apply accordingly as if such return were a return required to be furnished under section 139;

          (b)  assess or reassess the total income of six assessment years immediately preceding the assessment year relevant to the previous year in which such search is conducted or requisition is made

So a company must preserve its books of accounts for a period of at least 7 previous years as per Income Tax Act,1961 

Abhishek Gupta

Chartered Accountant

8556001601

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