The Central Board of Direct Taxes (CBDT) deferred the Tax Audit Clause 30C and 44 till 31st Mar 2022 due to COVID-19. The CBDT has extended the due date for filing Form 3CD for the fourth time the requirement for companies to include in their tax audit report the details of Goods and Services Tax (GST) and GAAR. Section 44AB of the Income-tax Act, 1961 read with rule 6G of the Income tax Rules, 1962 requires specified persons to furnish the Tax Audit Report along with the prescribed particulars in Form No. 3CD. The existing Form No. 3CD was amended vide notification no. GSR 666(E) dated 20th July, 2018 with effect from 20th August, 2018.
Read More: https://www.taxscan.in/cbdt-defers-gst-reporting-tax-audit-report/107228/
© 2018 CA Chandan Agarwal. All rights reserved.