CA Sudhir Halakhandi
After writing few articles of the intricacies of the E-filing of Tax audit report we are receiving regular queries from various fellow professionals , out of which we have selected some of the common questions which are being answered here for the benefit of other readers and fellow professions.
Q.1:- Why we have to E-file the Balance sheet and profit and loss account. Is there any circular or notification in this respect out of which the requirement of E-filing the Balance sheet and profit and loss account has emerged.
The requirement to E- file the audit report u/s 44AB is mentioned in the proviso of Rule 12(2) of the Income tax rules 1962. Further in case of Form 3CB or 3CA (the tax audit report u/s 44AB) , the Form 3CB or the Form 3CA itself mentioned in its body that Profit and loss account and Balance sheet are attached with it hence there is no requirement to issue separate notification, rule or circular to make it mandatory to e-file the Balance sheet and profit and loss account. Let us see the exact language in Form 3CB:-
We have examined the BALANCE SHEET as on, _________, and the PROFIT AND LOSS ACCOUNT / income and expenditure account for the period beginning from __________ to ending on _________, attached herewith, of ____________(name), ___________(address), ______________(Permanent Account Number).
Q.2:- Is it possible to file the ITR first and then e-file the audit report? What should be the exact sequence of the actions in this respect?
When one goes through the information required to be filled the ITR and there is a column in the ITR which requires the “date of furnishing the audit report”. Hence first you have to E-file the audit report and then it has to be approved by the assessee and ITR can be filed by the assessee thereafter. This should be the exact sequence.
Q.3:- How to allow the CA to file required form on behalf of the assessee?
There is a facility available, wherein, by adding your CA, he would be able to file the required form on behalf of the assessee. Following steps needs to be followed –
On submission of above details, the CA would able to file the forms selected for the selected assessment year on behalf of the assessee.
Q.4:-How can we take the printing of Form 3CB/3CD because the utility does not provide the facility of printing the form. We have been suggested to take the print from the account of the assessee in his work list but there is a problem about his password because we are not filing the ITR on behalf of the assessee and he is taking services of some other professionals in this respect.
There is no need to have pass word of the assessee to get the uploaded Form 3CB/3CD because these are also available in the account of the CA also and for this purpose you need the PAN and DOB of the assessee. For this purpose you have to Login in As CA, then go to My Account→ view Forms and you will get the following screen, fill the required details and you will the required Forms in printable format.
Since at the time of opening of the Form 3CD/3CB , the PAN and DOB of the assessee will be required and by filling these two you can open and print the forms. So there is no need to have the Pass word of the assessee to take the printout of the Form 3CD/3CB.
-CA Sudhir Halakhandi -CA Abhas Halakhandi
“Halakhandi”, Laxmi Market, Beawar-305901(Raj)
Cell- 9828067256, MAIL –[email protected]
(Republished With Amendments)