Whatsapp Support
AUDIT UNDER SECTION 44AB OF IT ACT

Advance Search

AUDIT UNDER SECTION 44AB OF IT ACT
Sr No. Subject
1 Name of the assessee
2 Address
3 Permanent Account Number or Aadhaar Number
4 Whether the assessee is liable to pay indirect tax like excise duty, service tax, sales tax, goods and service tax, customs duty, etc. If yes, please furnish the registration number or GST number or any other identification number allotted for the sa
5 Status
6 Previous year
7 Assessment year
8 Indicate the relevant clause of section 44AB under which the audit has been conducted 8a. Whether the assessee has opted for taxation under section 115BA/115BAA/115BAB/115BAC/115BAD?
9 21. (a) If firm or Association of Persons, indicate names of partners/members and their profit sharing ratios. (b) If there is any change in the partners or members or in their profit sharing ratio since the last date of the preceding year, the parti
10 22. (a) Nature of business or profession (if more than one business or profession is carried on during the previous year, nature of every business or profession) (b) If there is any change in the nature of business or profession, the particulars of s
11 23. (a) Whether books of account are prescribed under section 44AA, if yes, list of books so prescribed. (b) List of books of account maintained and the address at which the books of account are kept. (In case books of account are maintained in a com
12 Whether the profit and loss account includes any profits and gains assessable on presumptive basis, if yes, indicate the amount and the relevant sections (44AD, 44AE, 44AF, 44B, 44BB, 44BBA, 44BBB Chapter XII-G, First Schedule or any other relevant s
13 (a) Method of accounting employed in the previous year. (b) Whether there had been any change in the method of accounting employed vis-a-vis the method employed in the immediately preceding previous year. (c)If answer to (b) above is in the affirma
14 (a) Method of valuation of closing stock employed in the previous year. (b) Details of deviation, if any, from the method of valuation prescribed under section 145A, and the effect thereof on the profit or loss,
15 Capital asset converted intostock-in-trade: (a) Description of capital asset; (b) Date of acquisition; (c) Cost of acquisition; (d) Amount at which the asset is converted into stock-in-trade
16 Amounts not credited to the profit and loss account, being,- (a) the items falling within the scope of section 28; (b) the proforma credits, drawbacks, refund of duty of customs or excise or service tax, or refund of sales tax or value added tax, whe
17 Where any land or building or both is transferred during the previous year for a consideration less than value adopted or assessed or assessable by any authority of a State Government referred to in section 43CA or 50C
18 Particulars of depreciation allowable as per the Income-tax Act, 1961 in respect of each asset or block of assets, as the case may be, in the following form:- (a) Description of asset/block of assets. (b) Rate of depreciation. (c) Actual cost or writ
19 Business Deductions
20 Bonus or commission paid to employees32. (a) Any sum paid to an employee as bonus or commission for services rendered, where such sum was otherwise payable to him as profits or dividend. [Section 36(1)(ii)] (b) Details of contributions received from
AUDIT UNDER SECTION 44AB OF IT ACT

Welcome to taxlawlibrary.com


Thanks !! Visit again