revised form no 3cd

*Tax Audit 3CD Revised!*

_*6 Amendments + 9 Insertions = Total 15 Changes*_

*Summary of Amendments:*

1. *4* - GSTIN to be mentioned.

2. *19* - Allowance under Section 32AD is to be reported.

3. *24* - Deemed gains under Section 32AD to be reported.

4. *26* - Clause (g) of Section 43B (sum payable to Indian Railways for use of assets) is to be reported.

5. *31* - *Cash receipts more than INR 2,00,000 under Section 269ST is to be reported now.*

6. *34* - *Details with respect to transactions not disclosed in TDS Return/ TCS Return is to be mentioned.*

*Summary of Insertions:*

1. *29A* - *Advance received on capital asset forfeited to be reported here {Section 56(2)(ix)}.*

2. *29B* - Income of gifts exceeding INR 50,000 to be reported here {Section 56(2)(x)}.

3. *30A* - Details about "Primary Adjustments" in transfer pricing to be reported here as per Section 92CE.

4. *30B* - Limitation of Interest deductions for borrowings from a AE upto 30% of EBITDA is to be furnished here.

5. *30C* - Details of Impermissible Avoidance Agreement to be furnished as referred to in Section 96.

6. *36A* - *Dividend received under Section 2(22)(e) is required to be reported here.*

7. *42* - Details w.r.t. Form 61 (details of no PAN Form 60 received), Form 61A (SFT) and Form 61B (SRA) is to be provided here.

8. *43* - *Details w.r.t. CbC Reporting as referred to in Section 286 is required to be reported.*

9. *44* - *BREAK UP of total expenditure in respect of GST Registered and Unregistered Entities is required to be given.*

*Notification 33/2018 dated 20.07.2018 (effective from 20.08.2018).*