For the purpose of attaching financial statements along with form 3CB-3CD in tax audit of a non-corporate entity, what should be the format of the financial statements, the vertical format or the T-format?
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Format of financial statements in tax audit
Replies (6)
The format of financial statements are very peculiar.
rile 3cd.
ping me
rile 3cd.
ping me
If it's a company. then schedule vi. if others like sole proprietor or partnership, T format is enough
Since Mr. Roy has not mentioned.
schedule iiias per companies act 2003.
schedule iiias per companies act 2003.
You may refer "Guidance Note on
Financial Statements of
Non-Corporate Entities" issued by ICAI
Financial Statements of
Non-Corporate Entities" issued by ICAI
Guidance note is not required. It's available in the Act.
You don't even know what entity he is referring to
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