Others

Tax queries 2394 views 5 replies

donation debited to profit & loss a/c  and disallowed u/s 37 for tax audit my query in which clause in form 3cb such disallowance is to be reported 

Replies (5)

In form 3CD there is clause personal expenses debited to P&L account(i think s.no.21 i am not confident about the s.no) in that you have to show.

OM SAI SRI SAI JAI JAI SAI

Donations u/s 80G paid by the assessee is to be disclosed in Form 3CD Point no. 26. [Section wise details of deduction, if any, admissible under chapter VIA :] 


Regards,

Devendra 

dear devendra 

i am asking about  the clause where donation is to be shown as disllowed reason being it is already debited to profit & loss A/c

There is no column in Form 3CD to report donations which are to be disallowed. There is no obligation for a tax auditor to report on such disallowances

you should show it as an expenses of personal nature 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register