banner_ad

Any opinion or comment on newly inserted clause 44 of form 3cd

Tax queries 552 views 14 replies

Clause 44 of Form 3CD ( as ammended ) asks details about the total expenditure incurred with respect to GST registered and unregistered entities. So, is the expenditure is limited only to the purchases or whatever expenditure debited to Trading and Profit & Loss Account?

Please guide.

Replies (14)

expenses other than local purchases 

It just specifies the word 'expenditure' so in my opinion it means all expenditure debited to PNL and Trading.

The assessee is required to disclose break-up of total expenditure incurred during the year, in relation to the entities registered and not registered under GST.

 

Originally posted by : NAVEEN CHAND
expenses other than local purchases 

reference?

expenditure doesn't purchases 

Thanks for reply.

But I think, it will be very tedious work to find out all expenditure incurred under each head and segregate them into whether such expenditure is paid/incurred with GST registered or unregistered entities.

discussion is carry on ... 

It is incorrect. Purchase is also an expenditure.

find a conclusion soon 

but as per my opinion , purchases will not be the part of this 

No...
Purchases also included in nature of Expenditure.
We will calculate the Total which taxable (with GST) inwards and non taxable (without GST) is required.
Originally posted by : Vikas Jain
Thanks for reply.

But I think, it will be very tedious work to find out all expenditure incurred under each head and segregate them into whether such expenditure is paid/incurred with GST registered or unregistered entities.

It will be an add on agreed but a solution to this is while booking expenditure debiting it to various heads as required.
Originally posted by : RAJA P M
No... Purchases also included in nature of Expenditure.We will calculate the Total which taxable (with GST) inwards and non taxable (without GST) is required.

Agreed
Originally posted by : RAJA P M
No... Purchases also included in nature of Expenditure.We will calculate the Total which taxable (with GST) inwards and non taxable (without GST) is required.

This will actually serve the purpose of filing GST returns and GST audit. Hence making maintenance of accounts perfect.

Check what is written in clause 44....

"Aggregate of Expenditure Reported in item 6,8 to 35, 38 of Part -A -P&L"

Now download the ITR-6 and check in Part -A-P&L for respectiove point number...

It includes purchases also....and other expenses for e.g audfit fees, petrol, frieght, fuel, etc...

You may check the ITR-6 form for better clarity...

thanxxx


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics
Loading
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details