ITC declaration in 3cb-3cd

This discussion clarifies the requirements for declaring Input Tax Credit (ITC) details in the Tax Audit Report (Form 3CD) for the financial year 2019-20. It confirms that Clause 27(a) of Form 3CD must be filled, with no exemptions available for this period. While Clause 44 regarding GST expenditure break-up was relaxed until March 31, 2021, the ITC details under Clause 27(a) remain mandatory.