Applicability of 3ca/ 3cb

Originally posted by : Anantamoorti B P
	Hi All, Whether  3CA is applicabile or 3CB is applicable to a LLP??  I think 3CA is applicable, as LLP is required to get its accounts audited under LLP Act ( If turnover exceeds 40 lac or contribution exceeds 25 lac). But some of my friends are saying 3CB is applicable to LLP. Iam little confused. So pls clarify.

You are correct. Form 3CA will be applicable to LLP as this form is to be used in a case where the accounts of the business or profession of a person have been audited under any other law. In this case audit has already been conducted under the LLP Act.
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It would only be necessary for the tax auditor to annex a copy of the audited accounts as well as a copy of the audit report given by the statutory auditor with his report in Form No. 3CA along with Form No.3CD. The extent of check undertaken would have to be indicated by the tax auditor in his working papers and audit notes.

For LLP, 3CB shall be applicable as it has turnover criteria for audit and not a mandatory audit under the law.