TAX AUDIT UNDER CLAUSE 44

This query is : Resolved

M.Ramkumar (Querist)
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23 August 2023 Greetings Sir/mam,

Kindly let me know whether Staff welfare exps are covered under Negative List and reporting under Clause 44

Asha Kanta Sharma

Asha Kanta Sharma (Expert)
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21 January 2024 Clause 44 is related to GST transactions reporting only and we have to give a breakup of GST Registered / Unregistered suppliers of all the SW Expenses

Clause 44 in the Tax Audit Report (Form 3CD) is a crucial element for businesses and auditors, as it pertains to GST reporting requirements. This clause requires a breakdown of the total expenditure incurred by entities, whether registered or not under GST