WebDec 14, 2024 · The main issue was as to whether the Ld. CIT(A) was justified in upholding the action of the ADIT-CPC Bangalore in making disallowance of employees contribution to Provident Fund based on the statement made in the Tax Audit Report while processing the return under section 143(1) of the Act Fund based on the statement made in the Tax … WebMay 30, 2024 · Since, auditor cannot express his opinion in the tax audit report, it cannot be assumed that the tax auditor by inserting the data mentioned under the table given under column 20(b) of the tax audit report the said amount or the law compulsorily requires for disallowance of the said amount while processing the return under section 143(1) of the ...
CBDT allows tax audit report revision in case of disallowance ...
WebSep 27, 2016 · The disallowance will be the aggregate of the 3 amounts determined. Under Rule 8D (2) (i), any direct expenses incurred during the year is considered. These could … WebDec 15, 2024 · In particular, the regression estimates indicate that audit fees are at a minimum level when the CSR score (which moves between 0 and 1) is equal to 0.35. … can chat gpt watch videos
Audited Financial Reporting and Voluntary Disclosure of Corporate ...
WebOct 3, 2024 · Section 14A disallowance 14A & Reporting in Tax Audit Report. Clause 21 (h) – Amount of deduction inadmissible in terms of section 14A in respect of the … WebOct 25, 2024 · Before the Tribunal, the assessee inter alia contended that disclosure in tax Audit Report Form 3CD at Serial No. 21a does not automatically results in … Web108 rows · Aug 14, 2024 · The reporting under clause 30C and clause 44 of the tax audit report (form 3CD) has been kept in abeyance till 31st March 2024. Applicability of tax audit. To know more ... This section places a disallowance on any expenditure incurred by … Category of person Threshold; Business: Carrying on business (not opting for … can chatgpt use my data