Description
Taxmann Publications Guide to Tax Audit 14th Edition by Srinivasan Anand G
This book provides a detailed commentary/clause-by-clause analysis on the following:
Provisions relating to Tax Audit
Clauses of the following:
Form 3CA
Form 3CB
Form 3CD
Guidance Notes issued by the ICAI
Tax Audit Ready Reckoner
The Present Publication is the 14th Edition, authored by CA Srinivasan Anand G. This book is updated by the Finance Act, 2022 with the following noteworthy features:
[Analysis of the Audit Requirement] under Income tax provision;
[In-depth Discussion] on every clause of the tax audit report; Form No. 3CA, 3CB and 3CD
[Analysis of Guidance Note] released by the ICAI on Tax Audit
The coverage of the book is as follows:
Audit of Cash Transactions
Audit of Sale of Immovable Property
Audit of Share Capital
Audit of Loans, Deposits and Borrowings Liabilities
Clauses of Form No. 3CD not relevant/applicable to tax audit for the assessment year 2021-22
Clauses of Form No. 3CD relevant/applicable to individuals/HUFs who are liable for tax audit u/s 44AB
Clauses of Form No. 3CD relevant/ applicable to Firms/LLPs/AOPs/BOIs who are liable for tax audit u/s 44AB
Clauses of Form No. 3CD Relevant/applicable to companies who are liable for tax audit u/s 44AB
Audit reports/report of accountant, etc. prescribed under Income-tax Rules
Clauses of Form No. 3CD not applicable to assessees following cash basis of accounting
Form No. 3CD – Clause wise applicability of income computation and disclosure standards
Statutory provisions relevant to various clauses of Form No. 3CD