Clause 34 of form 3cd

2757 views 4 replies

sir / madam,

one of our client (firm) is under audit u/s 44AB & required to deducted tax & has not deducted tds also it has not obtain tan, now without tan we are not able to generate X M L of form 3cd. kindly guide us in the matter.

Replies (4)

Whether its first year of audit? If yes, then there is no need to deduct tds. & if it is second year then expenses should be disallowed.

Being a firm assessee need to deduct TDS irrespective whether the firm liable to audit or not, otherwiae expenses will be disallowed.

So as informed in above case assessse being Firm need to deduct TDS 

Dear Saurabh,

 

Do as follows:

 

1.  qualify the audit report stating that the client has not complied with provisions of TDS sections

 

2.  In 34A mention TAN as DTAN99999T

 

3.  Thereafter compute interest penalties extra that are payable on such non-deductions and provide the details of the same in 34(c).

Yes, CA Tejas Mistri is right, I had not read that its a firm

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details