Clause 10 of Form 3CD

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Student
4 Points Posted on 29 December 2020
should we mention the nature of business details of current revenue source. .OR only if there is any change??
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On 29 December 2020 at 22:12 Report
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This discussion clarifies Clause 10 of Form 3CD regarding the reporting of the nature of business. It addresses whether details of the current revenue source's business nature must always be mentioned or only when there's a change. The consensus is that Clause 10 is applicable to all assessees, not just when the business nature changes.

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Tax consultant
5895 Points Posted on 30 December 2020
As per the itr filling for the person or company or firm you show nature of business same things you show in report
filling for 1st time then check the previous reports you will understand
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On 30 December 2020 at 02:26
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Student
4 Points Posted on 30 December 2020
Some friends of mine saying that, only if assesse changes his nature of business,then only this clause will be applicable.
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On 30 December 2020 at 08:22
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Tax consultant
5895 Points Posted on 30 December 2020

No it's applicable for all 

Not if business nature changes

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On 30 December 2020 at 11:51
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Accountant
4533 Points Posted on 31 December 2020
The nature of business
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On 31 December 2020 at 00:59

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