Form 3cd

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Ankit Khandelwal (Querist)
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08 August 2013 Dear Sir/ Madam,

As per Law if a proprietor have more than one firm and one firm is audited then the other one is also implied audited. So the query is how to file 2 form 3CD's under a common proprietor. Kindly reply...

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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08 August 2013 "Implied audited" means ????
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-to comply the law the other firm is also required to be get audited.
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There is no need to file 2 form 3CDs.
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The details are required about the assessee's business(es). Merge the details in corresponding heads of P&L and Balance Sheet and adhering to the format fill up the details. Prepare a combined report- earmarking the firm's name - where ever required while furnishing the item-wise particulars .
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Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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08 August 2013 Concur with Bafna Ji.
Also courtesy to :- Bharat Law House P ltd's publication 'Tax Audit & E-filing' 2013 edition page-8.

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CA SURENDRA KUMAR RAKHECHA

CA SURENDRA KUMAR RAKHECHA (Expert)
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08 August 2013 Running different business firms in one's name means all are required to be merged because proprietor's return is filed in his own name and no different returns are filed for different business firms which he runs.
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Now I raise one query to you to grasp the concept :
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If a company has 10 different branches/business entities then how many audit reports is it required to file with the Income-Tax return?
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Ganeshbabu K

Ganeshbabu K (Expert)
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15 August 2013 Dear experts,

Please also confirm..

company having branch in some other place and there also mandafaturing activity is going on..

So for reporting purpose (3CD)

tan is same so i have clubbed branch and headoffice for reporting delay in deposit of tds in form 3cd

and in case of esi/PF what to do as both are in different states

can i club it and show as one annexure

or

i have to report under two annexures

Please Suggest me?

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