4(a). Whether the assessee is liable to pay indirect tax like excise duty, service tax, sales tax, goods and services tax, customs duty, etc. if yes, please furnish the registration number or GST number or any other identification number allotted for the same.*
Status
Previous year from
Assessment year
Indirect the relevant cause of section 44AB under which the audit has been conducted.
8(a). Whether the assessee has opted for taxation under section 115BA/ 115BAA/ 115BAB.
9(a). If firm of Association of Persons, indicate names of partners/ members and their profit sharing ratios.
In case of AOP, whether shares of members are indetermind or unknown?
9(b). If there is change in partners of members or in their profit sharing ratio since the last date of the preceding year, particulars of such change.
10(a). Nature of Business or profession (if more than one business or profession carried on during the previous year, nature of every business or profession).
10(b). If there is changes in the nature of Business or profession
11(a). Whether books of a account are prescribes under 44AA, if yes s
11(b). List of books of account maintained and the address at which the books of account are kept. (IN case books of account are maintained in a computer system, mention the books of accounts are kept not at one location, please furnish the addresses of locations along with the details of books of account maintained at each location.)
11(c) List of books of account and nature of relevant documents examined.
Whether the profit and loss account includes any profits and gains assessable on presumptive basis, if yes, indicate the amount and the relevant section (44AD, 44ADA, 44AE, 44AF, 44B, 44BB, 44BBB, Chapter Xii-G, First Schedule or any other relevant section.)
13(a). Method of accounting employed in the previous year.
13(b). Whether there had been any change in the method of accounting employed vis-à-vis the method employed in the immediately proceding previous year.
13(c). If answer to (b) above is in the affirmative, give details of such change, and the effect thereof on the profit or loss.
13(d). Whether any adjustment is required to be made to profits or loss for complying with the provisions of income computation and disclosure standards notified under section 145(2).
13(e). If answer to (d) above is in the affirmative, give details of such adjustment:
13(f). Disclosure as per ICDS:
14(a). Method of valuation of closing stock employed in the previous year.
14(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:
Give the following particulars of the capital asset converted into stock – in – trade.
Amount not credited to the profit and loss account, being, –
16(a). The items falling within in the scope of section 28;
16(b). The proforma credits, drawbacks, refunds of duty of customs or excise or service tax, or refund of sales tax or value added tax or Goods & Service Tax, where such credits, drawbacks or refund are admitted as due by the authorities concerned;
16(c). Escalation claims accepted during the precious year;
16(d). any other item of income;
16(e). Capital receipt, if any.
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:
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:
Amounts admissible under sections:
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)].
20(b). Details of contributions received from employees for various funds as referred to in section 36(1)(va):
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.
21(b). Amount inadmissible under section 40(a):-
(i) as payment to non – resident to in sub clause (i)
(A) Details of payment on which tax in not deducted:
(B) Details of payment on which tax has been deducted but not been paid during the prescribed year or in the subsequent year before the expiry of time prescribed under section 200(1)
(ii) as payment referred to in sub – clause (ia).
(A) Details of payment on which tax is not deducted:
(B) Details of payment on which tax has been deducted but has been paid on or before the date specified in sub – section (1) of Section 139.
(iii) as payment referred to in sub – clause (ib)
(A) Details of payment on which levy is not deduced:
(B) Details of payment on which levy has been deducted but has not been paid on or before the due date specified in sub – section (1) of section 139.
(iv) fringe benefit tax under sub – clause (ic)
(v) wealth tax under sub – clause (iia)
(vi) royalty, license fee, service fee etc. under sub – clause (iib)
(vii) salary payable outside India/ to a non resident without TDS etc. under sub – clause (iii)
(viii) Payment to PF/ other fund etc. under sub – clause (iv)
(ix) tax paid by employer for perquisites under sub – clause (v)
(c) Amount debited to profit and loss account being, interested, salary, bonus, commission or remuneration inadmissible under sec 40(b)/ 40(ba) and computation thereof;
(d) Disallowance/ deemed income under section 40A(3):
(A) Om 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:
(B) On the basis of the examination of books of account and other relevant document 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 grains of business or profession under section 40A(3A);
(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 term 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).
Aount of interest inadmissible under section 23 of the Micro, Small and Medium Enterprises Development Act, 2006.
Particulars of any payment made to persons specified under section 40A(2)(b).
Amounts deemed to be profits and gains under section 32AC or 32AD or 33AB or 33AC or 33ABA.
Any amount of profit chargeable to tax under section 41 and computation thereof.
(i) In respect of any sum referred to in clause (a), (b), (c), (d), (e), (f) or (g) of section 43B, the liability for which:-
(A) Pre – existed on the first day of the precious year but was not allowed in the assessment of any preceding previous year and was
(a) Paid during year;
(b) Not paid during the previous year;
(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, tax, goods & services tax, customs duty, excise duty or any other indirectly tax, levy, cess, impost etc. Is passed through the profit and loss account.)
27(a). Amount of Central Value Tax Credits/ Input Tax Credit (ITC) availed of or utilized during the previous year and its treatment in profit and loss account and treatment of outstand central value added Tax Credits/ Input Tax Credit (ITC) in accounts.
(b) Particulars of income or expenditure of prior period credited or debited to the profit and loss account.
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 section 56 (2)(viia), if yes, please furnish the details of the same
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.
A(a) Whether any amount is to be included as income chargeable under the head ‘income from other sources’ as referred to in clause (ix) of sub – section (2) of section 56? (b) If yes, please furnish the following details:
B(a) Whether any amount is to be included as ‘income from other sources’ as referred to in clause (x) of sub – section (2) of section 56? (Yes/ No)
(b) If yes, please furnish the following details:
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)
A(a) Whether primary adjustment to transfer price, as referred to in sub – section (1) of section 92CE, has been made during the previous year.
(b) If yes, please furnish the following details
B(a) Whether the assessee has incurred expenditure during the previous year by way of interest or of similar nature exceeding one crore rupees as referred to in sub – section (1) of section 94B
(b) If yes, please furnish the following details
C(a) whether the assessee has entered into an impermissible avoidance arrangement, as referred to in section 96, during the previous year. (This clause is kept in abeyance till 31st March, 2021)
(b) If yes, please furnish the following details
(a) particulars of each loan or deposit in an amount exceeding the limit specified in section 269SS taken or accepted during the previous year:-
31 (b) Particulars of each specified sum in an amount exceeding the limit specified in section 269SS taken or accepted during the previous year:-
(Particulars at (a) and (b) need not be given in case of a Government company, a banking company or a corporation established by a central, State or Provincial Act.)
b(a) Particulars of each receipt in an amount exceeding the limit specified in section 269ST, in aggregate from a person in a day or occasion from a person, during the previous year, where such receipt is otherwise than by a cheque or bank draft or use of electronic clearing system through a bank account.
31 b(b) Particulars of each receipt in an amount exceeding the limit specified in section 269ST, in aggregate from a person in a day or in respect of a single transaction or in respect of transactions relating to one event or occasion from a person, received by a cheque or bank draft, not being an account payee cheque or account payee bank draft, during the previous year:-
b(c) Particulars of each payment made in an amount exceeding the limit specified in section 269ST, in aggregate to a person in a day or in respect of a single transaction or in respect of transactions relating to one event or occasion to a person, otherwise than by a cheque or bank draft or use of electronic clearing system through a bank account during the previous year
31 b(d) Particulars of each payment in an amount exceeding the limit specified in section 296ST, in aggregate to a person in a day or in respect of a single transaction or in respect of transactions relating to one event or occasion to a person, made by a cheque or bank draft, not being an account payee cheque or an account payee bank draft, during the previous year
(Particulars at (ba), (bb) and need not be given in the case of receipt by or payment to a Government company, a banking company, a post office savings bank, a cooperative bank or in the case of transactions referred to in section 269SS or in the case of persons referred to in Notification No. S.O. 2065(E) dated 3rd July, 2017)”
(C) Particulars of each repayment of loan or deposit or any specified advance in an amount exceeding the limit specified in section 269T made during the previous year:-
(d) Particulars of repayment of loan or deposit or any specified advance in an amount exceeding the limit specified in section 269T received otherwise than by a cheque or bank draft or use of electronic clearing system through a bank account during the previous year:-
(e) Particulars of repayment of loan or deposit or any specified advance in an amount exceeding the limit specified in section 269T received by a cheque or bank draft which is not an account payee cheque or account payee bank draft during the previous year:-
(Particulars at (c), (d) and (e) need not be given in the case of a repayment of any loan or deposit or specified advance taken or accepted from Government, Government company, banking company or a corporation estabilished by a central, State or Provincial Act)
(a) Details of brought forward loss or depreciation allowance, in the following manner, to the extent available
(b) Whether a change in share holding of the company has taken place in the previous year cannot be allowed to be carried forward in terms of section 79.
(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 years.
Section – wise details of deductions, if any admissible under Chapter VIA or Chapter III (Section 10A, Section 10AA).
(a) Whether the assessee is required to deduct or collect tax as per the provision of chapter XVII-B or Chapter XVII-BB, if yes please furnish:
(b) Whether the assessee is required to furnish the statement of tax deducted or tax collected. If yes, please furnish the details:
(c) Whether the assessee is liable to pay interested under section 201(1A) or section 206C(7). If yes, please furnish:
35(a). In the case of a trading concern, give quantitative details of principal items of goods traded;
35(b). In the case of manufacturing concern, give quantitative details of the principal items of raw materials, finished products and by – products.
(A) Raw materials
(B) Finished products
(C) By – Products
In the case of Domestic company, Details of tax on distributed profits under section 115-O in the following forms:
A(a) Whether the assessee has received any amount in the nature of dividend as referred to in sub – clause (e) of clause (22) of Section 2.
(b) If yes, please furnish the following Details:
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.
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.
Whether any audit was conducted under section 72A of the Finance Act, 1994 in relation to valuation of taxable services as may be reported/ identified by the auditor?
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.
Details regarding turnover, gross profit, etc., for the previous year and preceding previous year:
(The details required to be furnished for principal items of goods traded or manufactured or services rendered)
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 alongwith details of relevant proceedings.
(a) Whether the assessee is required to furnish statement in form No.61 or Form No. 61B?
(b) If yes, please furnish
(a) Whether the assessee or its parent entity or alternate reporting entity is liable to furnish the report as referred to in sub – section (2) of section 286
(b) If yes, please furnish the following details:
(c) If Not due, please enter expected data of furnishing the report
Break – up of total expenditure of entities registered or not registered under the GST: (This Clause is kept in abeyance till 31st March, 2021).