Tax audit report
This query is : Open
24 September 2015
What amount should b report in form 3CD point no. 26(B) (a),??????
Whole amt incurred and paid during the previous year on or before due date of ROI u/s 139 or only that portion of expense which were outstanding as on 31st march and paid before the due date of ROI.???????????????
suppose whole year bonus exp is 100000 and paid before 31st march is only 60000 and paid 20000 later on or before the due date of roi.
what amount should be reported in 26(B)(a) in 3CD Form.
Whole amt incurred and paid during the previous year on or before due date of ROI u/s 139 or only that portion of expense which were outstanding as on 31st march and paid before the due date of ROI.???????????????
suppose whole year bonus exp is 100000 and paid before 31st march is only 60000 and paid 20000 later on or before the due date of roi.
what amount should be reported in 26(B)(a) in 3CD Form.
24 September 2015
if Bonus is paid before the date of filing of the return, entire expenditure is allowed. Hence it may not be mentioned there as disallowed portion is NIL
24 September 2015
Sir please be specific, what amount should be reported in point no. 26(B)(a) according to above example.
24 September 2015
Sir please be specific, what amount should be reported in point no. 26(B)(a) according to above example.
27 September 2015
In your case first paid 60000 is allowable. Then rs 20000 paid before due date of filing is also allowed. The remaining portiin of (100000-60000-20000) ie Rs 20000 is not allowed
27 September 2015
sir my query is not about t the allowable or not allowable in profit and loss account,
my query is only all about to the reporting purpose in tax audit report,
in clause 26 (B) (a) of form 3CD, the required information is, report that amount which are incurred in the financial year and paid on or before the due date of filing ROI.
i repeat that my confusion is what portion of expense is report whole expense which is incurred in fy and paid before due date or only outstanding portion of expense which is stand payable as on 31st march.
this is highly appreciated if u reply with the help of my above practical example in terms of amount.
my query is only all about to the reporting purpose in tax audit report,
in clause 26 (B) (a) of form 3CD, the required information is, report that amount which are incurred in the financial year and paid on or before the due date of filing ROI.
i repeat that my confusion is what portion of expense is report whole expense which is incurred in fy and paid before due date or only outstanding portion of expense which is stand payable as on 31st march.
this is highly appreciated if u reply with the help of my above practical example in terms of amount.
27 September 2015
sir my query is not about t the allowable or not allowable in profit and loss account,
my query is only all about to the reporting purpose in tax audit report,
in clause 26 (B) (a) of form 3CD, the required information is, report that amount which are incurred in the financial year and paid on or before the due date of filing ROI.
i repeat that my confusion is what portion of expense is report whole expense which is incurred in fy and paid before due date or only outstanding portion of expense which is stand payable as on 31st march.
this is highly appreciated if u reply with the help of my above practical example in terms of amount.
my query is only all about to the reporting purpose in tax audit report,
in clause 26 (B) (a) of form 3CD, the required information is, report that amount which are incurred in the financial year and paid on or before the due date of filing ROI.
i repeat that my confusion is what portion of expense is report whole expense which is incurred in fy and paid before due date or only outstanding portion of expense which is stand payable as on 31st march.
this is highly appreciated if u reply with the help of my above practical example in terms of amount.
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
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
