A company have made certain donations which are disallowed as per Income Tax Act.
Where do we show the same in TAX Audit Report 3cd?
Urgebt...thanx in anticipation.
Menu
dONATIONS BY A COMPANY IN 3CD
Replies (2)
Dear Nand Kishor,
Inadmissible donations debited to Profit & Loss a/c are not required to be disclosed in Form 3CD.
You need to add back the inadmissbile donation while computing the income from business. Only donation to political party is to be shown under point 17 in Form 3CD. no seperate discloure is required by 3cd report for others.
Recent Topics :
- MR AASHOK KUMAR SHARMA
- NIC codes for FIRMS registration of entity
- Register on Income Tax as CA
- Deduction In Employee Provident Fund
- This is a gift for all Chartered Accountants and P
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Wallet query for GST.
- 25-26 exempted sales
- Hotel stay below Rs.1000/- GST applicable or exemp
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
Related Topics :
CAclubindia
