Payment of Tax in case of Audit

CA Rakesh Joshi

Chartered Accountant

1272 Points Posted on 05 October 2018

Form 3CA-3CD or 3CB-3CD is form of audit report issued by a chartered accountant and not a income tax return. Therefore there will not be any tab for payment of tax. There will only be disclosure points.

JITENDRA SINGHVI

SELF EMPLYOED

211 Points Posted on 05 October 2018

Then Where to make payment and how the computation will be done..After submitting the return..?

CA Rakesh Joshi

Chartered Accountant

1272 Points Posted on 05 October 2018

ITR should be filed only after making proper computation of Income and after giving affect to all the provisions of Income Tax Act.

After proper IT Computation you will have to file your ITR. If you have filed ITR already, and paid the tax accordingly and correctly as per the computation, there is no need to pay tax further.

JITENDRA SINGHVI

SELF EMPLYOED

211 Points Posted on 05 October 2018

can you please provide details of procedure...since I have filled the audit form..but I don't know what to do next..?

CA Rakesh Joshi

Chartered Accountant

1272 Points Posted on 05 October 2018

Are you under tax audit u/s 44AB of the Act?

JITENDRA SINGHVI

SELF EMPLYOED

211 Points Posted on 05 October 2018

yes..Income lower than 8%

CA Rakesh Joshi

Chartered Accountant

1272 Points Posted on 05 October 2018

If you have not filed the ITR yet then, it is suggested to please take advice from a professional for filing the ITR then filed 3CB3CD.

aradhana upadhyay

151 Points Posted on 05 October 2018

First you need to file your Income tax return, where you will pay taxes, if payable. And then file Form 3CA-CD or 3CB-CD, as the case may be, which is nothing but a report on tax audit.