Audit report qualification

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

21 July 2010 In a firm, it is not possible to segregate the parties for freight paid.
Hence, TDS provision compiled by the firm is impossible to check.

How shall we qualify the audit report regarding this situaion.?
Kindly help

Urgent

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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21 July 2010 In Notes on account Pl put a note as follows:-
1. Income tax deduction under section 194C on account of freight payments cannot be fully vouched for want of party wise details.

In the audit report (3CB) Last para may be modified as follows:-
In our opinion and.........given to us ,Subject to Note 1 regarding tax deduction as per note no 1 of notes on accounts, the particulars given in the said form 3CD........ are true and correct.

In 3CD column 27(a) pl use the following wordings:-
Yes,subject to note No 1 of notes on accounts.

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