3CD for Proprietors
This query is : Resolved
09 November 2019
Sir,
Single proprietor having 3 business with turn over more than 2 crores. Accounts audited by three Auditors and there are three Form 3CD's. Is this legal? While filing 3CD, Income Tax website accepts only one 3CD. How will the rest two 3CD's be filed? If it's not filed, can the Income Tax officer levy penalty? Kindly clarify.
Single proprietor having 3 business with turn over more than 2 crores. Accounts audited by three Auditors and there are three Form 3CD's. Is this legal? While filing 3CD, Income Tax website accepts only one 3CD. How will the rest two 3CD's be filed? If it's not filed, can the Income Tax officer levy penalty? Kindly clarify.
10 November 2019
Combine 3CDs and file one 3CD for all the business.
11 November 2019
Thank You Sir for the reply. However, 3 different auditors have audited the accounts. When it's combined, which CA should sign the final 3CD and can the Assessing Officer object if only one 3CD is official uploaded and all other 3CD's are uploaded in attachments of the Income Tax Website.
11 November 2019
Ask one CA to consolidate 3CD and sign only one 3CD accepted. No attachment of another CD allowed.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Treatment of Renting of Villa
- Tax payment deduction from house loan EMI
- Issue with no residency during Jan, Feb, March 2025 due to diff. between US and India tax years.
- House keeping and security services ITC can claim
- DTAA India & UAE
- Error AIS modification submitted
- WHAT TO SELECT IN 27Q TDS RETURN ? PAYMENT TO NON-RESIDENT
- NRI as second account holder of resident account
- To Keep Records
- Write off a Party Balance
- ITR filing obligation due to savings deposit
- Capital gain tax on gold mutual fund , ETF
- TDS deduction.
- GST on Land Lease From MIDC
- Leave taken during Extension period of Articleship
- Regarding TDS deduction before 15CA filing
- Reversal of Interest provision in case of MSME buyer
- Penalty under new section 271 of IT Act
- GST liability .
- GST LIABILITY on market yard
Trending Online Classes
-
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Industry Expert14 February 2025 -
Survey, Search and Seizure under Income Tax Act 1961
CA Hari Agarwal
CAclubindia
