New Tax Audit Report Formats under Income Tax Act, 1961 – Form 3CA

G.Sekar, FCA–Chennai

FORM NO. 3CA
See rule 6G(1)(a)
Audit report under section 44AB of the Income – tax Act, 1961, in a case where the accounts of the business or profession of a person have been
audited under any other law
*I / we report that the statutory audit of M/s. _________________ ( Name and address of the asseessee with Permanent Account Number) was conducted by *me / us /
M/s. ____________________________________________________in pursuance of the provisions of the___________________________Act, and*I/we annex hereto a
copy of *my / our / their audit report dated _______________________along with a copy of each of :(a) the audited *profit and loss account / income and expenditure account for the period beginning from ----------------------to ending on -----------------------------.
(b) the audited balance sheet as at, _____; and
(c) documents declared by the said Act to be part of, or annexed to, the *profit and loss account / income and expenditure account and balance sheet.
2. The statement of particulars required to be furnished under section 44AB is annexed herewith in Form No. 3CD.
3. In *my / our opinion and to the best of *my / our information and according to examination of books of account including other relevant documents and explanations
given to *me / us, the particulars given in the said Form No.3 CD are true and correct subject to the following observations/qualifications, if any:
……………...................................................
**(Signature and stamp/Seal of the signatory)
Place: ______________ Name of the signatory ………………………
Date: ______________ Full address ………………………………….
Notes:
1. * Delete whichever is not applicable
2. **This report has to be signed by a person eligible to sign the report as per the provisions of section 44AB of the Income Tax Act, 1961.
3. Where any of the requirements in this Form is answered in the negative or with qualification, give reasons therefore.
4. The person who signs this audit report shall indicate reference of his membership number / certificate of practice / authority under which he is entitled to sign this
report.

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New Tax Audit Report Formats under Income Tax Act, 1961 – Form 3CA

G.Sekar, FCA–Chennai

Comparative Analysis of Old and New Form 3CA
Sl.
No

Old Form 3CA

New Form 3CA

FORM NO. 3CA

FORM NO. 3CA

[See rule 6G(1)(a)]

[See rule 6G(1)(a)]

Audit report under section 44AB of the Income tax Act, 1961, in a case where the accounts of the
business or profession of a person have been
audited under any other law

Audit report under section 44AB of the Income tax Act, 1961, in a case where the accounts of the
business or profession of a person have been
audited under any other law

* I/We report that the statutory audit of ….
[mention name and address of the assessee with
permanent account number] was conducted by *
me/us/M/s. …. in pursuance of the provisions of
the….Act, and *I/we annex hereto a copy of *
my/our/their audit report dated ….along with a
copy each of –

*I / we report that the statutory audit of M/s…..
(Name and address of the asseessee with
Permanent Account Number) was conducted by
*me / us / M/s.….in pursuance of the provisions of
the…. Act, and *I/we annex hereto a copy of *
my / our / their audit report dated ….along with a
copy of each of :-

(a) the audited * profit and loss account/income
and expenditure account for the year ended on
31st March,….;

(a) the audited *profit and loss account / income
and expenditure account for the period beginning
from ….to ending on ....

Beginning and ending of the period of P&L A/c
/Income and Expenditure Account should be
provided.

(b) the audited balance sheet as at 31st March,….

(b) the audited balance sheet as at, ….;

Balance Sheet date as at 31st March was removed.

(c) documents declared by the said Act to be part
of, or annexed to, the * profit and loss
account/income and expenditure account and
balance sheet.

(c) documents declared by the said Act to be part
of, or annexed to, the * profit and loss
account / income and expenditure account and
balance sheet.

2. The statement of particulars required to be
furnished under section 44AB is annexed herewith
in Form No. 3CD.

2. The statement of particulars required to be
furnished under section 44AB is annexed herewith
in Form No. 3CD.

3. In * my/our opinion and to the best of *
my/our information and according to explanations
given to * me/us, the particulars given in the said
Form No. 3CD and the Annexure thereto are true
and correct.

3. In *my / our opinion and to the best of *
my / our information and according to examination
of books of account including other relevant
documents and explanations given to *me / us, the
particulars given in the said Form No.3 CD are true
and
correct
subject
to
the
following
observations/qualifications, if any

Insertion of words “According to examination of
books of account including other relevant
documents” – which increases the verification
Scope of the Auditor.

** Signed

**(Signature and stamp/Seal of the signatory)

New requirement to provide Stamp / Seal of the
Signatory

Place…. Name :….
Date….Address….

Place…. Name of the Signatory:….
Date…. Full Address….

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Remarks

Observations/Qualifications
provided.

if

any

should

be

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New Tax Audit Report Formats under Income Tax Act, 1961 – Form 3CA

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Old Form 3CA

G.Sekar, FCA–Chennai

New Form 3CA

Notes:

Notes:

1. *Delete whichever is not applicable.

1. * Delete whichever is not applicable

2. **This report has to be signed by(i) a chartered accountant within the meaning of

**This report has to be signed by a person eligible
to sign the report as per the provisions of section
44AB of the Income Tax Act, 1961.

the Chartered Accountants Act, 1949 (38 of
1949); or
(ii) any person who, in relation to any State, is, by
virtue of the provisions of sub-section (2) of
section 226 of the Companies Act, 1956 (1 of
1956), entitled to be appointed to act as an
auditor of companies registered in that State; or
(iii) any person who is, by virtue of any other law,
entitled to audit the accounts of the assessee for
the relevant previous year.

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Remarks

New reference to Sec.44AB is given.
In Sec.44AB, stipulates to get the accounts audited
by an accountant. For the purpose of Sec.44AB,
the term Accountant shall have the same
meaning as in the Explanation below sub–
section (2) in Sec.288.
Explanation in Sec.288 - In this section,
“accountant “means a chartered accountant within
the meaning of the Chartered Accountants Act, 1949
(38 of 1949), and includes, in relation to any State,
any person who by virtue of the provisions of subsection (2) of section 226 of the Companies Act,
1956 (1 of 1956), is entitled to be appointed to act
as an auditor of companies registered in that State.

Page 3

New Tax Audit Report Formats under Income Tax Act, 1961 – Form 3CB

G.Sekar, FCA–Chennai

FORM NO. 3CB
[See rule 6G(1)(b)]
Audit report under section 44AB of the Income - tax Act 1961, in the case of a person referred to in clause (b) of sub - rule (1) of rule 6G
1. *I / we have examined the balance sheet as on, …., and the *profit and loss account / income and expenditure account for the period beginning from ….to ending
on…., attached herewith, of ….( Name ), ….(Address), ….(Permanent Account Number).
2. *I / we certify that the balance sheet and the *profit and loss / income and expenditure account are in agreement with the books of account maintained at the head
office at …. and **…. branches.
3.(a) *I / we report the following observations / comments / discrepancies / inconsistencies; if any:
(b) Subject to above, (A) *I / we have obtained all the information and explanations which, to the best of *my / our knowledge and belief, were necessary for the purpose of the audit.
(B) In *my / our opinion, proper books of account have been kept by the head office and branches of the assessee so far as appears from*my / our examination of the
books.
(C) In *my / our opinion and to the best of *my / our information and according to the explanations given to *me /us, the said accounts, read with notes thereon, if any,
give a true and fair view:(i) in the case of the balance sheet, of the state of the affairs of the assessee as at 31st March, ;and
(ii) in the case of the *profit and loss account / income and expenditure account of the *profit / loss or *surplus / deficit of the assessee for the year ended on that date.
4. The statement of particulars required to be furnished under section 44AB is annexed herewith in Form No.3CD.
5. In *my/our opinion and to the best of *my / our information and according to explanations given to *me / us, the particulars given in the said Form No.3 CD are true
and correct subject to following observations/qualifications, if any:
a.
b.
c.
……………...................................................
***(Signature and stamp/seal of the signatory)
Place : ______________ Name of the signatory ………………………
Date : ______________ Full address ………………………………….
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New Tax Audit Report Formats under Income Tax Act, 1961 – Form 3CB

G.Sekar, FCA–Chennai

Notes :
1. *Delete whichever is not applicable.
2. **Mention the total number of branches.
3. ***This report has to be signed by person eligible to sign the report as per the provisions of section 44AB of the Income Tax Act, 1961.
4. The person, who signs this audit report, shall indicate reference of his membership number / certificate of practice number / authority under which he is entitled to
sign this report.

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New Tax Audit Report Formats under Income Tax Act, 1961 – Form 3CB

G.Sekar, FCA–Chennai

Comparative Analysis of Old and New Form 3CB
Sl.
No

Old Form 3CB

New Form 3CB

FORM NO. 3CB

FORM NO. 3CB

[See rule 6G(1)(b)]

[See rule 6G(1)(b)]

Audit report under section 44AB of the Income tax Act 1961, in the case of a person referred to in
clause (b) of sub - rule (1) of rule 6G

Audit report under section 44AB of the Income tax Act 1961, in the case of a person referred to in
clause (b) of sub - rule (1) of rule 6G
1. *I / we have examined the balance sheet as on,
…., and the *profit and loss account / income and
expenditure account for the period beginning from
…. to ending on…., attached herewith, of ….
(Name), …. (Address), …. (Permanent Account
Number).

*I / We have examined the Balance Sheet as at
31st March…., and the *Profit and Loss Account /
Income and Expenditure Account for the year
ended on that date, attached herewith, of …..
[Mention Name and Address of the Assessee with
permanent Account Number]
2. *I / we certify that the balance sheet and the
*profit and loss / income and expenditure account
are in agreement with the books of account
maintained at the head office at …. and **….
branches.
3.(a) *I / we report the following observations /
comments / discrepancies / inconsistencies; if
any:
(b) Subject to above, -

2. *I / we certify that the balance sheet and the
*profit and loss / income and expenditure account
are in agreement with the books of account
maintained at the head office at …. and **….
branches.
3.(a) *I / we report the following observations /
comments / discrepancies / inconsistencies; if any:

(A) *I / we have obtained all the information and
explanations which, to the best of *my / our
knowledge and belief, were necessary for the
purposes of the audit.

(A) *I / we have obtained all the information and
explanations which, to the best of *my / our
knowledge and belief, were necessary for the
purpose of the audit..

(B) In *my / our opinion, proper books of account
have been kept by the head office and branches
of the assessee so far as appears from*my / our
examination of the books.

(B) In *my / our opinion, proper books of account
have been kept by the head office and branches of
the assessee so far as appears from*my / our
examination of the books.

(C) In *my / our opinion and to the best of *my /
our information and according to the explanations
given to *me /us, the said accounts, read with
notes thereon, if any, give a true and fair view:(i) in the case of the balance sheet, of the state of
the affairs of the assessee as at 31st March,…
;and

(C) In *my / our opinion and to the best of *my /
our information and according to the explanations
given to *me /us, the said accounts, read with
notes thereon, if any, give a true and fair view:(i) in the case of the balance sheet, of the state of
the affairs of the assessee as at 31st March,….
;and

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Remarks

New requirement to provide the period beginning
and to ending on

(b) Subject to above, -

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New Tax Audit Report Formats under Income Tax Act, 1961 – Form 3CB

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G.Sekar, FCA–Chennai

Old Form 3CB

New Form 3CB

(ii) in the case of the *profit and loss account /
income and expenditure account of the *profit /
loss or *surplus / deficit of the assessee for the
year ended on that date.
4. The statement of particulars required to be
furnished under section 44AB is annexed herewith
in Form No.3CD.
5. In *my/our opinion and to the best of *my /
our information and according to explanations
given to *me / us, the particulars given in the said
Form No.3 CD and the Annexures thereto are true
and correct.

*** Signed

(ii) in the case of the *profit and loss account /
income and expenditure account of the *profit /
loss or *surplus / deficit of the assessee for the
year ended on that date.
4. The statement of particulars required to be
furnished under section 44AB is annexed herewith
in Form No.3CD.
5. In *my/our opinion and to the best of *my / our
information and according to explanations given to
*me / us, the particulars given in the said Form
No.3 CD are true and correct subject to following
observations/qualifications, if any:
a.
b.
c.
***(Signature and stamp/Seal of the signatory)

Place…. Name :….
Date….Address….

Place…. Name of the Signatory:….
Date…. Full Address….

Notes:

Notes:

1. *Delete whichever is not applicable.

1. * Delete whichever is not applicable

2. **Mention the total number of branches.

2. **Mention the total number of branches.

3. **This report has to be signed by(i) a chartered accountant within the meaning of

3.***This report has to be signed by a person
eligible to sign the report as per the provisions of
section 44AB of the Income Tax Act, 1961.

the Chartered Accountants Act, 1949 (38 of
1949); or
(ii) any person who, in relation to any State, is, by
virtue of the provisions of sub-section (2) of
section 226 of the Companies Act, 1956 (1 of
1956), entitled to be appointed to act as an
auditor of companies registered in that State; or
(iii) any person who is, by virtue of any other law,
entitled to audit the accounts of the assessee for
the relevant previous year.

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Remarks

New
requirement
has
observations/qualifications, if any

conditions

of

New requirement to provide Stamp / Seal of the
Signatory

New reference to Sec.44AB is given.
In Sec.44AB, stipulates to get the accounts audited
by an accountant. For the purpose of Sec.44AB,
the term Accountant shall have the same
meaning as in the Explanation below sub–
section (2) in Sec.288.
Explanation in Sec.288 - In this section,
“accountant “means a chartered accountant within
the meaning of the Chartered Accountants Act, 1949
(38 of 1949), and includes, in relation to any State,
any person who by virtue of the provisions of subsection (2) of section 226 of the Companies Act,
1956 (1 of 1956), is entitled to be appointed to act
as an auditor of companies registered in that State.
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New Tax Audit Report Formats under Income Tax Act, 1961 – Form 3CB

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G.Sekar, FCA–Chennai

Old Form 3CB

New Form 3CB

4. The person, who signs this audit report, shall
indicate reference of his membership number /
certificate of practice number / authority under
which he is entitled to sign this report.

4. The person, who signs this audit report, shall
indicate reference of his membership number /
certificate of practice number / authority under
which he is entitled to sign this report.

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Remarks

Page 5

Comparative study of Form 3CD (Old) and the New Form 3CD as notified by CBDT vide Notification No: 33/2014, dated July 25, 2014.

Contents of Old Form 3CD
1.

Name of the Assessee

2.

Address

3.

Permanent Account Number

4. Status
5. Previous year ended:

31st March _____________

6. Assessment year

Part - B

Contents of New 3CD
1. Name of the assessee
Remark: No change
2. Address
Remark: No change
3. Permanent Account Number (PAN)
Remark: No change
4. Whether the assessee is liable to pay indirect tax like excise duty, service tax, sales tax, customs duty,etc. if yes,
please furnish the registration number or any other identification number allotted for the same
Remark: Newly Inserted. Purpose might be to cross verify the Income with Other Compliances and better
co-ordination
5. Status
Remark: No change
6. Previous year from……………..to ……………
Remark: Amended to Include the date of commencement of previous year for newly started business
7. Assessment year
Remark: No change
8. Indicate the relevant clause of section 44AB under which the audit has been conducted
Remark: Newly inserted.
Part - B

7.
(a) If Firm or Association of Persons, indicate names of Partners/Members and their, Profit Sharing
Ratios.
(b) If there is any change in the Partners or Members or in their Profit Sharing Ratio since the last
date of the preceding year, the particulars of such change.

8.
(a) Nature of business or profession (if more than one business or profession is carried on during the
previous year, nature of every business or profession).
(b) If there is any change in the nature of business or profession, the particulars of such change.

9.
(a) Whether Books of Account are prescribed under Section 44AA, if yes, list of books so prescribed.
(b) Books of account maintained. (In case Books of Account are maintained in a computer system,
mention the books of account generated by such computer system)

9. (a) If firm or association of persons, indicate names of partners/members and their profit sharing ratios.
Remark: No Change
(b) If there is any change in the partners or members or in their profit sharing ratio since the last date of the
preceding year, the particulars of such change
Remark: No Change
10. (a) Nature of business or profession (if more than one business or profession is carried on during the previous
year, nature of every business or profession)
Remark: No Change
(b) If there is any change in the nature of business or profession, the particulars of such change.
Remark: No Change
11. (a) Whether books of account are prescribed under section 44AA, if yes, list of books so prescribed.
(b) List of books of account maintained and the address at which the books of accounts are kept.
(In case books of account are maintained in a computer system, mention the books of account generated by such
computer system. If the books of accounts are not kept at one location, please furnish the addresses of locations

(c) List of books of account examined.

along with the details of books of accounts maintained at each location.)
Remark: All Location where Books of Accounts are maintained are required to be furnished
(c) List of books of account and nature of relevant documents examined.
Remark: Along with List of Books of Accounts, Documents verified also shall be mentioned.

10. Whether the Profit and Loss Account includes any Profits and gains assessable on presumptive 12. Whether the profit and loss account includes any profits and gains assessable on presumptive basis, if yes, indicate
basis, if yes, indicate the amount and the relevant section (44AD, 44AE, 44AF, 44B, 44BB, 44BBA,
44BBB or any other relevant section).

11.
(a) Method of accounting employed in the previous year.
(b) Whether there has been any change in the method of accounting employed vis–à–vis the method
employed in the immediately preceding previous year.
(c) If answer to (b) above is in the affirmative, give details of such change, and the effect thereof on
the Profit or Loss.

(d) Details of deviation, if any, in the method of accounting employed in the previous year from
Accounting Standards prescribed under Section 145 and the effect thereof on the Profit or Loss.

12.
(a) Method of Valuation of Closing Stock employed in the previous year.
(b) Details of deviation, if any, from the method of valuation prescribed under Section 145A, and the
effect thereof on the Profit or Loss.

12.
(a)
(b)
(c)
(d)

(A) Give the following particulars of the Capital Asset converted into Stock in Trade:–
Description of Capital Asset
Date of Acquisition
Cost of Acquisition
Amount at which the Asset is converted into Stock in Trade.

13. Amounts not credited to the Profit and Loss Account, being –
(a) the items falling within the scope of Section 28;
(b) the proforma credits, drawbacks, refund of duty of customs or excise or service tax, or refunds
of sales tax or value added tax, where such credits, drawbacks or refunds are admitted as due
by the authorities concerned

the amount and the relevant section (44AD, 44AE, 44AF, 44B, 44BB, 44BBA, 44BBB, Chapter XII-G, First
Schedule or any other relevant section.)
Remark: Chapter – XII-G and First schedule is included now
13. (a) Method of accounting employed in the previous year
Remark: No change

(b) Whether there had been any change in the method of accounting employed vis-a-vis the method employed in the
immediately preceding previous year
(c) If answer to (b) above is in the affirmative, give details of such change, and the effect thereof on the profit or loss.
Serial number
Particulars
Increase in profit (Rs.)
Decrease in profit (Rs.)
Remark : Complete details regarding Items having impact on profits shall be given
(d) Details of deviation, if any, in the method of accounting employed in the previous year from accounting standards
prescribed under section 145 and the effect thereof on the profit or loss.
Remark: No Change
14. (a) Method of valuation of closing stock employed in the previous year.
Remark: No Change
(b) In case of deviation from the method of valuation prescribed under section 145A, and the effect thereof on the
profit or loss, please furnish:
Serial number
Particulars
Increase in profit (Rs.)
Decrease in profit (Rs.)
Remark: Complete details regarding Items having impact on profits shall be given
15. Give the following particulars of the capital asset converted into stock-in trade: (a) Description of capital asset;
(b) Date of acquisition;
(c) Cost of acquisition;
(d) Amount at which the asset is converted into stock-in-trade
Remark: No Change
16. Amounts not credited to the profit and loss account, being, (a) the items falling within the scope of section 28;
(b) the pro forma credits, drawbacks, refund of duty of customs or excise or service tax, or refund of sales tax or
value added tax where such credits, drawbacks or refunds are admitted as due by the authorities concerned;

(c) Escalation Claims accepted during the previous year;
(d) any other item of income;
(e) capital receipt, if any.

(c) escalation claims accepted during the previous year;
(d) any other item of income;
(e) capital receipt, if any.
Remark: No Change
17. Where any land or building or both is transferred during the previous year for a consideration less than value
adopted or assessed or assessable by any authority of a State Government referred to in section 43CA or 50C, please
furnish:
Details of property

14. Particulars of depreciation allowable as per the Income–Tax Act, 1961 in respect of each asset or

block of assets, as the case may be, in the following form :––
(a) Description of asset/block of assets.
(b) Rate of depreciation.
(c) Actual Cost or Written Down Value, as the case may be.
(d) Additions/deductions during the year with dates; in the case of any addition of an asset, date
put to use; including adjustments on account of–
(i) Modified Value Added Tax Credit claimed and allowed under the Central Excise Rules,
1944, in respect of assets acquired on or after 1st March 1994,
(ii) Change in Rate of Exchange of Currency, and
(iii) Subsidy or Grant or Reimbursement, by whatever name called.
(e) Depreciation allowable.
(f) Written down value at the end of the year.

15. Amounts admissible under Sections
(a) 33 AB
(b) 33 ABA
(c) 33 AC (wherever applicable)
(d) 35
(e) 35 ABB
(f) 35 AC
(g) 35 CCA
(h) 35 CCB
(i) 35 D

Consideration received or accrued

Value adopted or assessed or
assessable

Remark: Newly inserted.
18. . Particulars of depreciation allowable as per the Income Tax Act, 1961 in respect of each asset or block of assets, as
the case may be, in the following form :(a) Description of asset/block of assets.
(b) Rate of depreciation.
(c) Actual cost of written down value, as the case may be.
(d) Additions/deductions during the year with dates; in the case of any addition of an asset, date put to use; including
adjustments on account of –
i) Central Value Added Tax credits claimed and allowed under the Central Excise Rules, 1944, in respect of assets
acquired on or after 1st March, 1994,
ii) change in rate of exchange of currency, and
iii) subsidy or grant or reimbursement, by whatever name called.
(e) Depreciation allowable.
(f) Written down value at the end of the year
Remark: Modified value Added Tax has been replaced with Central value Added Tax
19. Amounts admissible under sections:
Section
Amount debited to Amounts admissible as per the provisions of the Income Tax Act, 1961 and
profit and loss also fulfils the conditions, if any specified under the conditions, if any
account
specified under the relevant 14provisions of Income Tax Act, 1961 or Income
Tax Rules,1962 or any other guidelines, circular, etc., issued in this behalf.
32AC
33AB
33ABA
35(1)(i)
35(1)(ii)

(j) 35 DD
(k) 35 DDA
(l) 35 E
(a) debited to the Profit and Loss Account (showing the amount debited and deduction allowable
under each section separately);
(b) not debited to the Profit and Loss Account

16.
(a) Any sum paid to an Employee as Bonus or Commission for services rendered, where such sum
was otherwise payable to him as Profits or Dividend. [Section 36(1)(ii)]
(b) Any sum received from Employees towards Contributions to any Provident Fund or
Superannuation Fund or any other fund mentioned in Section 2(24)(x); and due date for payment
and the actual date of payment to the concerned authorities under Section 36(1)(va).

17. Amounts debited to the Profit and Loss Account, being :–
(a) expenditure of capital nature;
(b) expenditure of personal nature;
(c) expenditure on advertisement in any souvenir, brochure, tract, pamphlet or the like,
published by a political party;
(d) expenditure incurred at clubs, ––
(i) as entrance fees and subscriptions.

35(1)(iia)
35(1)(iii)
35(1)(iv)
35(2AA)
35(2AB)
35ABB
35AC
35AD
35CCA
35CCB
35CCC
35CCD
35D
35DD
35DDA
35E
Remark: Section 32AC, 35AD, 35CCC and 35CCD also included in admissible amounts. For all above
sections, any condition is attached under circulars, rules etc, such conditions also to be reported.
33AC section was deleted in the new 3CD. Breakup of admissible amounts u/s 35 is asked now.
20.
(a) Any sum paid to an employee as bonus or commission for services rendered, where such sum was otherwise payable
to him as profits or dividend. [Section 36(1)(ii)]
Remark: No Change
(b) Details of contributions received from employees for various funds as referred to in section 36(1)(va):
Serial number
Nature of fund
Sum
received Due date for The
actual The actual date
from employees payment
amount paid
of payment to
the concerned
authorities
Remark: Caption has been redrafted and made simpler. Along with due dates, the amount of Employee
contribution collected and remitted also to be disclosed.
21. (a) Please furnish the details of amounts debited to the profit and loss account, being in the nature of capital,
personal, advertisement expenditure etc
Amount in Rs.
Nature
Serial Particulars
number

(ii) as cost for club services and facilities used;
(e) (i) expenditure by way of penalty or fine for violation of any law for the time being
in force;
(ii) any other penalty or fine;
(iii) expenditure incurred for any purpose which is an offence or which is prohibited
by law;

(f) amounts inadmissible under Section 40(a);

Expenditure incurred at clubs
being cost for club services and
facilities used.
Expenditure by way of penalty or
fine for violation of any law for the
time being force
Expenditure by way of any other
penalty or fine not covered above
Expenditure incurred for any
purpose which is an offence or
which is prohibited by law

Remark: Nature of advertisement expenditure is not given. Expense relating to subscription and entrance
fee for club is deleted. The words “ not covered above” as been added the table.
(b) Amounts inadmissible under section 40(a):(i) as payment to non-resident referred to in sub-clause (i)
(A) Details of payment on which tax is not deducted:
(I) date of payment
(II) amount of payment
(III) nature of payment
(IV) name and address of the payee
(B) Details of payment on which tax has been deducted but has not been paid during the previous year or in the
subsequent year before the expiry of time prescribed under section 200(1)
(I) date of payment
(II) amount of payment
(III) nature of payment

(IV) name and address of the payee
(V) amount of tax deducted
(ii) as payment referred to in sub-clause (ia)
(A) Details of payment on which tax is not deducted:
(I) date of payment
(II) amount of payment
(III) nature of payment
(IV) name and address of the payee
(B) Details of payment on which tax has been deducted but has not been paid on or before the due date specified in subsection (1) of section 139.
(I) date of payment
(II) amount of payment
(III) nature of payment
(IV) name and address of the payer
(V) amount of tax deducted
(VI) amount out of (V) deposited, if any
(iii) under sub-clause (ic) [Wherever applicable]
(iv) under sub-clause (iia)
(v) under sub-clause (iib)
(vi) under sub-clause (iii)
(A) date of payment
(B) amount of payment
(C) name and address of the payee
(vii) under sub-clause (iv)

(g) Interest, Salary, Bonus, Commission or Remuneration inadmissible under Section
40(b)/40(ba) and computation thereof;

(viiii) under sub-clause (v)
Remark: Instrad of providing inadmissible expenditure as a Single Amount, detailed breakup of
disallowance u/s 40 including non-deduction, short deduction and short/non-payment
(c) Amounts debited to profit and loss account being, interest, salary, bonus, commission or remuneration inadmissible
under section 40(b)/40(ba) and computation thereof;
Remark: “Amounts debited to profit and loss account being” has been inserted in the beginning.

(h)
(A)

(B)

Whether a Certificate has been obtained from the Assessee regarding payments relating to
any expenditure covered under Section 40A(3) that the payments were made by Account
Payee Cheques drawn on a Bank or Account Payee Bank Draft, as the case may be, [Yes/No]
amount inadmissible under Section 40A(3), read with Rule 6 DD [with break–up of
inadmissible amounts]

(d) Disallowance/deemed income under section 40A(3):
(A) On the basis of the examination of books of account and other relevant documents/evidence, whether the
expenditure covered under section 40A(3) read with rule 6DD were made by account payee cheque drawn on a bank or
account payee bank draft. If not, please furnish the details:
Serial
Date
of Nature
of Amount Name and Permanent Account Number of the
number
payment
payment
payee, if available
(B) On the basis of the examination of books of account and other relevant documents/evidence, whether the payment
referred to in section 40A(3A) read with rule 6DD were made by account payee cheque drawn on a bank or account
payee bank draft If not, please furnish the details of amount deemed to be the profits and gains of business or profession
under section 40A(3A);
Serial
Date
of Nature
of Amount Name and Permanent Account Number of the
number
payment
payment
payee, if available

21. *(i) In respect of any sum referred to in clauses (a), (b), (c), (d), (e) or (f) of section 43B, the

Remark: Receiving certificate from Assessee has been deleted. Instead disallowance u/s 40A(3) and (3A)
shall be reported based on the examination of Books of Accounts. Separate disclosure for 40A(3) and (3A)
shall be given.
(e) provision for payment of gratuity not allowable under section 40A(7);
(f) any sum paid by the assessee as an employer not allowable under section 40A(9);
(g) particulars of any liability of a contingent nature;
(h) amount of deduction inadmissible in terms of section 14A in respect of the expenditure incurred in relation to
income which does not form part of the total income;
(i) amount inadmissible under the proviso to section 36(1)(iii).
Remark: No Change
22. Amount of interest inadmissible under section 23 of the Micro, Small and Medium Enterprises Development Act,
2006.
Remark: No Change
23. Particulars of payments made to persons specified under section 40A(2)(b).
Remark: No Change
24. Amounts deemed to be profits and gains under section 32AC or 33AB or 33ABA or 33AC.
Remark: Section 32AC has been inserted.
25. Any amount of profit chargeable to tax under section 41 and computation thereof.
Remark: No Change
26. In respect of any sum referred to in clause (a),(b), (c), (d), (e) or (f) of section 43B, the liability for which:-

(A) pre–existed on the first day of the previous year but was not allowed in the assessment of any
preceding previous year and was –
(a) paid during the previous year;
(b) not paid during the previous year;

(A) pre-existed on the first day of the previous year but was not allowed in the assessment of any preceding previous
year and was
(a) paid during the previous year;
(b) not paid during the previous year;

(i)
(j)
(k)
(l)

provision for payment of gratuity not allowable under Section 40A(7);
any sum paid by the Assessee as an employer not allowable under section 40A(9);
particulars of any liability of a contingent nature.
amount of deduction inadmissible in terms of section 14 A in respect of the
expenditure incurred in relation to income which does not form part of the total
income;
(m) amount inadmissible under the proviso to section 36(1)(iii)
17A. Amount of interest inadmissible under section 23 of the Micro, Small and Medium Enterprises
Development Act, 2006.

18. Particulars of payments made to persons specified under Section 40A(2)(b).
19. Amounts deemed to be Profits and Gains under Section 33AB or 33ABA or 33AC.
20. Any amount of Profit chargeable to tax under Section 41 and computation thereof.
liability for which:–

(B) was incurred in the previous year and was
(a) paid on or before the due date for furnishing the return of income of the previous
year under section 139(1);
(b) not paid on or before the aforesaid date.
* State whether Sales Tax, Customs Duty, Excise Duty or any other Indirect Tax, Cess, Import, etc. is
passed through the Profit and Loss Account.

22.

(A) Amount of Modified Value Added Tax credits availed of or utilised during the previous year
and its treatment in the Profit and Loss Account and treatment of outstanding Modified Value
Added Tax credits in the accounts.
(B) Particulars of income or expenditure of prior period credited or debited to the Profit and Loss
Account.

23. Details of any amount borrowed on Hundi or any amount due thereon (including interest on the
amount borrowed) repaid, otherwise than through an Account Payee Cheque. [Section 69D]

24. *

(a) Particulars of each Loan or Deposit in an amount exceeding the limit specified in Section
269SS taken or accepted during the previous year:–
(i) Name, Address and Permanent Account Number (if available with the Assessee) of the
Lender or Depositor;
(ii) Amount of Loan or Deposit taken or accepted;
(iii) Whether the Loan or Deposit was squared up during the previous year;
(iv) Maximum Amount outstanding in the account at any time during the previous year;
(v) Whether the Loan or Deposit was taken or accepted otherwise than by an Account Payee
Cheque or an Account Payee Bank Draft.
*(These particulars needs not be given in the case of a Government company, a banking company or a
corporation established by a Central, State or Provincial Act.)
(b) Particulars of each repayment of Loan or Deposit in an amount exceeding the limit specified
in Section 269T made during the previous year:–
(i) Name, Address and Permanent Account Number (if available with the Assessee) of the
payee;

(B) was incurred in the previous year and was
(a) paid on or before the due date for furnishing the return of income of the previous year under section 139(1);
(b) not paid on or before the aforesaid date.
(State whether sales tax, customs duty, excise duty or any other indirect tax, levy, cess, impost, etc., is passed through the
profit and loss account.)
Remark: No Change.
27.
(a) Amount of Central Value Added Tax credits availed of or utilised during the previous year and its treatment in the
profit and loss account and treatment of outstanding Central Value Added Tax credits in the accounts.
(b) Particulars of income or expenditure of prior period credited or debited to the profit and loss account.
Remarks: No Change except that MODVAT is replaced with CENVAT
28. Whether during the previous year the assessee has received any property, being share of a company not being a
company in which the public are substantially interested, without consideration or for inadequate consideration as
referred to in section 56(2)(viia), if yes, please furnish the details of the same.
Remark: Newly Inserted
29. Whether during the previous year the assessee received any consideration for issue of shares which exceeds the fair
market value of the shares as referred to in section 56(2)(viib), if yes, please furnish the details of the same.
Remark: Newly Inserted
30. Details of any amount borrowed on hundi or any amount due thereon (including interest on the amount borrowed)
repaid, otherwise than through an account payee cheque. [Section 69D]
Remark: No Change.
31. *
(a) Particulars of each loan or deposit in an amount exceeding the limit specified in section 269SS taken or accepted
during the previous year :(i) name, address and permanent account number (if available with the assessee) of the lender or depositor;
(ii) amount of loan or deposit taken or accepted;
(iii) whether the loan or deposit was squared up during the previous year;
(iv) maximum amount outstanding in the account at any time during the previous year;
(v) whether the loan or deposit was taken or accepted otherwise than by an account payee cheque or an account payee
bank draft.
* (These particulars needs not be given in the case of a Government company, a banking company or a corporation
established by a Central, State or Provincial Act.)
(b) Particulars of each repayment of loan or deposit in an amount exceeding the limit specified in section 269T made
during the previous year :(i) name, address and Permanent Account Number (if available with the assessee) of the payee;
(ii) amount of the repayment;
(iii) maximum amount outstanding in the account at any time during the previous year;
(iv) whether the repayment was made otherwise than by account payee cheque or account payee bank draft.

(ii) Amount of repayment;
(iii) Maximum Amount outstanding in the account at any time during the previous year;
(iv) Whether repayment is made otherwise than by an Account Payee Cheque or an Account
Payee Bank Draft.
(c) Whether a Certificate has been obtained from the assessee regarding taking or accepting Loan
or Deposit, or repayment of the same through an Account Payee Cheque or an Account
Payee Bank Draft. [Yes/No]
The particulars (i) to (iv) at (b) and the Certificate at (c) above need not be given in the case of
a repayment of any loan or deposit taken or accepted from Government, Government
Company, Banking Company or a Corporation established by a Central, State or Provincial
Act.

(c) Whether the taking or accepting loan or deposit, or repayment of the same were made by account payee cheque
drawn on a bank or account payee bank draft based on the examination of books of account and other relevant
documents
(The particulars (i) to (iv) at (b) and comment at (c) above need not be given in the case of a repayment of any loan or
deposit taken or accepted from Government, Government company, banking company or a corporation established by a
Central, State or Provincial Act)
Remark: Obtaining certificate from assessee has been dispensed of. The same has to be confirmed based on
the examination of books and records and suitable comment to be made.

25. (a) Details of Brought Forward Loss or Depreciation Allowance, in the following manner, to the 32.(a) Details of brought forward loss or depreciation allowance, in the following manner, to the extent available :
extent available:
Serial No
Assessment
year

Serial Number

Nature
of
loss/allowance
(in rupees)

Amount as
returned (in
rupees)

Amount as
assessed (give
reference to
relevant
order)

Remarks

(b) Whether a change in shareholding of the company has taken place in the previous year due to
which the losses incurred prior to the Previous Year cannot be allowed to be carried forward in
terms of Section 79.

26. Section–wise details of deductions, if any, admissible under Chapter VIA.

Assessment Year

Nature of loss /
allowance
(in
rupees)

Amount
returned
rupees)

as
(in

Amounts
as
assessed
(give
reference
to
relevant order)

Remarks

Remark: No change
(b) Whether a change in shareholding of the company has taken place in the previous year due to which the losses
incurred prior to the previous year cannot be allowed to be carried forward in terms of section 79.
Remark: No change
(c) Whether the assessee has incurred any speculation loss referred to in section 73 during the previous year, If yes,
please furnish the details of the same.
(d) whether the assessee has incurred any loss referred to in section 73A in respect of any specified business during the
previous year, if yes, please furnish details of the same.
(e) In case of a company, please state that whether the company is deemed to be carrying on a speculation business as
referred in explanation to section 73, if yes, please furnish the details of speculation loss if any incurred during the
previous year.
Remark: Newly Inserted
33. Section-wise details of deductions, if any, admissible under Chapter VIA or Chapter III (Section 10A, Section
10AA).
Section
under
which Amounts admissible as per the provision of the Income Tax Act, 1961 and fulfils
deduction is claimed
the conditions, if any, specified under the relevant provisions of Income Tax Act,
1961 or Income Tax Rules,1962 or any other guidelines, circular, etc, issued in this
behalf.
Remark: Chapter – III ie. Section 10A and 10AA to be reported and breakup also to be reported.

27. (a) Whether the Assessee has complied with the provisions of Chapter XVII–B regarding 34. (a) Whether the assessee is required to deduct or collect tax as per the provisions of Chapter XVII-B or Chapter
deduction of tax at source and regarding the payment thereof to the credit of the Central
Government.[Yes/No]
(b) If the provisions of Chapter XVII–B have not been complied with, please give the following
details * , namely:–
(i) Tax Deductible and not deducted at all
(ii) Shortfall on account of lesser deduction than required to be deducted.
(iii) Tax Deducted late
(iv) Tax Deducted but not paid to the credit of the Central Government
*Please give the details of cases covered in (i) to (iv) above.

XVII-BB, if yes please furnish:
Tax
deduction
and
collection
Account
Number
(TAN)

Section

Nature
of
payment

Total
amount
of
payment
or
receipt
of the
nature
specified
in
column
(3)

Total
amount
on
which
tax was
required
to
be
deducted
or
collected
out
of
(4)

Total
amount
on
which
tax was
deducted
or
collected
at
specified
rate out
of (5)

Amount
of
tax
deducted
or
collected
out
of
(6)

(1)

(2)

(3)

(4)

(5)

(6)

(7)

Total
amount
on
which
tax was
deducted
or
collected
at
less
than
specified
rate out
of (7)
(8)

Amount
of
tax
deducted
or
collected
on (8)

Amount of
tax deducted
or collected
not
deposited to
the credit of
the Central
Government
out of (6)
and (8)

(9)

(10)

Remark: The scope of this clause has been expanded and all items attract chapter – XVII-B has been
deducted or collected to be reported. Further, All such items attract chapter – XVII-B to be reported
section wise. Further portion of such Amount which attract TDS under relevant section, Tax deducted
(including specific rate) and amount of non- remittance to government also to be disclosed as per schedule.
(b) whether the assessee has furnished the statement of tax deducted or tax collected within the prescribed time. If not,
please furnish the details:
Tax deduction and Type of Form
Due
date
for Date of furnishing, Whether
the
collection Account
furnishing
if furnished
statement of tax
Number (TAN)
deducted
or
collected contains
information about
all
transactions
which are required
to be reported
Remark: Newly inserted including the table
(c) whether the assessee is liable to pay interest under section 201(1A) or section 206C(7). If yes, please furnish:
Tax deduction and collection
Account Number (TAN)

Amount of interest under section
201(1A)/206C(7) is payable

Remark: Newly inserted including the table

Amount paid out of column (2)
along with date of payment.

28. (A) In the case of a Trading Concern, give details of principal items of goods traded:

(a) Opening Stock;
(b) Purchases during the previous year;
(c) Sales during the previous year
(d) Closing Stock;
(e) Shortage/excess, if any
(B) In the case of a Manufacturing Concern, give quantitative details of the principal items of
Raw Materials, Finished Products and By–Products :
I. Raw Materials:
(a) Opening Stock;
(b) Purchases during the previous year;
(c) Consumption during the previous year;
(d) Sales during the previous year;
(e) Closing stock;
(f) Yield of Finished Products; *
(g) Percentage of yield; *
(h) Shortage/excess, if any. *
*Information may be given to the extent available.

29. In the case of a Domestic Company, details of Tax on Distributed Profits under Section 115O in
the following form –
(a) Total Amount of distributed profits;
(b) Total Tax paid thereon;
(c) Dates of Payment with amounts.

30. Whether any Cost Audit was carried out, if yes, enclose a copy of the report of such audit [See
section 139(9)].

31. Whether any audit was conducted under the Central Excise Act, 1944, if yes, enclose a copy of the
report of such audit.

32. Accounting ratios with calculations as follows: –
(a)
(b)
(c)
(d)

Gross Profit/Turnover;
Net Profit/Turnover;
Stock–in–Trade/Turnover;
Material Consumed / Finished Goods produced.

35. (A) In the case of a trading concern, give quantitative details of principal items of goods traded :
(a) Opening Stock;
(b) Purchases during the previous year;
(c) Sales during the previous year
(d) Closing Stock;
(e) Shortage/excess, if any
(B) In the case of a Manufacturing Concern, give quantitative details of the principal items of Raw Materials,
Finished Products and By–Products :
I. Raw Materials:
(a) Opening Stock;
(b) Purchases during the previous year;
(c) Consumption during the previous year;
(d) Sales during the previous year;
(e) Closing stock;
(f) Yield of Finished Products;
(g) Percentage of yield;
(h) Shortage/excess, if any.
Remark: Star mark and the relevant explanation has been removed
36. In the case of a domestic company, details of tax on distributed profits under section 115-O in the following form:(a) total amount of distributed profits;
(b) amount of reduction as referred to in section 115-O(1A)(i);
(c amount of reduction as referred to in section 115-O(1A)(ii);
(d) total tax paid thereon;
(e) dates of payment with amounts.
Remark: Sub clause (b) and (c) are inserted.
37. Whether any cost audit was carried out, if yes, give the details, if any, of disqualification or disagreement on any
matter/item/value/quantity as may be reported/identified by the cost auditor.
Remark: Instead of enclosing Cost Audit report, disqualifications, disagreements etc to be reported
38. Whether any audit was conducted under the Central Excise Act, 1944, if yes, give the details, if any, of
disqualification or disagreement on any matter/item/value/quantity as may be reported /identified by the auditor.
Remark: Instead of enclosing Excise Audit report, disqualifications, disagreements etc to be reported
39. Whether any audit was conducted under section 72A of the Finance Act, 1994 in relation to valuation of taxable
services, Finance Act,1994 in relation to valuation of taxable services, if yes, give the details, if any, of disqualification or
disagreement on any matter/item/value/quantity as may be reported/identified by the auditor.
Remark: Service Tax Audit remarks also to be enclosed
40. Details regarding turnover, gross profit, etc., for the previous year and preceding previous year:
Particulars
Previous year
Preceding previous year
Serial
number
1.
Total turnover of the assessee
2.
Gross profit/turnover

Place :……………

Signed
Name:..
…………..
Date:………...
Address:……………

3.
Net profit/turnover
4.
Stock-in-trade/turnover
5.
Material consumed/finished goods produced
(The details required to be furnished for principal items of goods traded or manufactured or services rendered)
Remark: Preceding previous year data also to be submitted. Total turnover in the serial 1 has been added.
The term “calculations” has been dropped.
41. Please furnish the details of demand raised or refund issued during the previous year under any tax laws other than
Income Tax Act, 1961 and Wealth tax Act, 1957 along with details of relevant proceedings.
Remark: Newly inserted
……………...................................................
*(Signature and stamp/Seal of the signatory)
Place: ______________
………………………
Name of the signatory
Date: ______________
………………………………….

Notes:
1. Annexure to this Form must be filled up failing which the Form will be considered as incomplete.
2. This Form and the Annexure have to be signed by the person competent to sign Form No.3CA or
Form No.3CB, as the case may be.

Full address
Remark: format is changed
Notes:
1. This Form has to be signed by the person competent to sign Form No. 3CA or Form No. 3CB, as the case may be.
Remark: Annexure to form 3CD has been removed.