Accounting for income and expenses, assets and liabilities.
Accounting of Student fees and academic expenses.
Maintain Fixed Assets register.
Payment to vendors, including that for capital work.
Collections from customers.
Filing various tax returns on direct and indirect tax.
Optimizing investments for the Institute.
Accounting for Donation receipt upto its end-use
Allocation of interest to Earmarked Funds
Submission of MIS reports
Responding to RTI queries on F&A activities.
PAN of IIM Ahmedabad is AAATI1247F
GST Registration No. of IIM Ahmedabad is 24AAATI1247F1Z4
No tax should be deducted on making payment to IIM Ahmedabad by such payers in whose name IIM Ahmedabad has obtained NIL tax deduction certificate.
IIM Ahmedabad requests its vendors to file their GSTR 1 return timely and accurately with reference to its transactions with IIM Ahmedabad. IIM Ahmedabad will not settle the invoice till the transaction is reflected in IIM Ahmedabad’s GSTR 2B return.
All payers deducting Income tax TDS and GST TDS (as may be applicable) are requested to furnish their TDS returns in time, to enable IIM Ahmedabad take credit for TDS deducted. If such returns are not filed in time, IIM Ahmedabad retains the right to recover the tax so deducted, from the payers.
Vendors are requested to furnish a declaration, if they are not subject to e-invoicing.
Please provide us with documentary evidence u/s 206AB of Income Tax Act, 1961
Secretary and Member on the Finance Committee.
Secretary on the Audit Committee.