Clause 44 8n 3CD

  Modifications in the Tax Audit Report(Form 3CD) are generally not introduced in the Budget but directly through a notification during the year, so no Memorandum is available that explains the need/relevance/importance of this clause.

There is no clarification from the Income Tax Department regarding the purpose or the end use of information sought.

Clause 44 was notified vide CBDT Notification 33/2018 dated 20^th August 2018 to be implemented for FY 2017-18 and onward, but was differed for next two years...