Form 3CD

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What Are Form No. 3CA/ 3CB And 3CD Under Income Tax?

​​​​​The report of the tax audit conducted by the chartered accountant is to be ​furnished in the prescribed form. The form prescribed for audit report in respect of audit conducted under section 44AB​ is Form No. 3CB and the prescribed particulars are to be reported in Form No. 3CD. In case of persons covered under …

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Breaking: Want To Get Quick Resolution From Income Tax Department? Read This Article

The Income Tax Department has notified email format for sharing queries with help-desk emails. Two new emails namely ITR.helpdesk@incometax.gov.in (for ITR-1 to ITR-7) and TAR.helpdesk@incometax.gov.in (for 3CA-3CD, 3CB-3CD) have been launched. The taxpayers are requested to share the relevant details at these emails. This advisory is mentioned at the Income Tax Portal. Email Format for …

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Clause 13 of Tax Audit – Points to be reported -Difference between ICDS Vs Accounting Standards

ICDS were issued and implemented w.e.f FY 2016-17 by the Government of India in exercise of the power conferred to it under 145(2) of Income Tax Act, 1961. In order to ensure adequate compliance, Form 3CD was amended by insertion of  Clause 13 for the Tax Auditor to verify the compliance. Clause 13 (d) to …

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