Section 269SS & 269T & 269ST Alert – Tax Audit Reporting

Starting FY 2024-25 audits, auditors are required to report loan/advance accepted under Clause 31 – date-wise, lender-wise, and even mode-wise in Form 3CD. What used to be a summary disclosure has now turned into a huge compliance burden. Professionals, be prepared. Heavy detailing expected under Clause 31 of Form 3CD. CA Himank Singla TaxConceptTax Concept […]

Starting FY 2024-25 audits, auditors are required to report loan/advance accepted under Clause 31 – date-wise, lender-wise, and even mode-wise in Form 3CD.

What used to be a summary disclosure has now turned into a huge compliance burden.

Professionals, be prepared. Heavy detailing expected under Clause 31 of Form 3CD.

CA Himank Singla

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