Form 3CD
manoj (final) (49 Points)
29 August 2009
Hai,
any body tell me that Form 3CD is assessee based or Business based. Please provide me the ans with supporting.
2 Replies
Krutesh Patel
(ACA)
(727 Points)
Replied 29 August 2009
3Cd is assessee based. We prepare 3CD report in the name of Assessee not in the name of business. The reason is,it is assessee who is liable to be taxed under income tax, not his business name.
If he carries on more than one business, only one 3Cd will be prepared containing details of all businesses.
Recent Topics
- Avoiding tax audit in case of intraday equity loss
- Form 3CEAB
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
Related Threads
CAclubindia
