Major changes in new Tax Audit Form 3CD as under:

​I

ncome Tax – CBDT Notifies New Format of Tax audit report Form 3CA, 3CB & 3CD of Income Tax

revised vide Notification No 33/2014 dated 25.07.14

Major changes in new Tax Audit Form 3CD as under:
1. Particulars of registration under excise, vat, iec, service tax etc to be given
2. Location(s) (address(s)) of keeping books of accounts to be given
3. Particulars of sale of Land/Building less than Stamp value to be given
4. Comparison of amount debited vis a vis amount admissible on account of various

      deductions to be given

5. Detailed information to be given on amount debited to P & L a/c of Capital Exp,

       Personal Exp. ADVERTISEMENT

6. Details on TDS deducted not deposited or not deducted u/s 40(a) Non resident
7. Name of payee whose TDS not deposited, deducted to be given u/s 40(a)(ia)
8. Amount to be profit u/s 40A(3A) to be given
9. Modavt=Cenvat
10. (28) Whether receive shares below fair value u/s 56(2)(viia)
11. Whether assessee receive security premium taxable u/s 56(2)(viib)
12. Detailed info on TDS/TCS deducted section wise to be given
13. Late filing of TDS/TCS return
14. Interest Payable u/s 201(1A) and 206C(7)
15. Audit under Service tax to be reported
16. Demand/Refund raised under any other law during the PY to be reported

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CA SANJAY DEWAN

B.COM (H),FCA

FCMA,LCS,MIMA