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Ashu jain (Practicing)     27 September 2020

Salary Income Reporting in Tax Audit

Where do we need to report the salary income while doing the tax audit ?

Also reporting of gifts from relatives need to reported in tax audit?

Thanks & Regards

 2 Replies

Dipanshu Gupta

Dipanshu Gupta   27 September 2020

Salary income is a part of computation of income
and gifts from relatives will report in form 3cd under section 40a(2)b of related party transactions
1 Like

Jayendra (student)     27 September 2020

There will be a section where it asked to report incomes not credited to p&l as does not form part of pgbp. In the same section you will find capital receipt not credited to p&l and report both the incomes there and reflect the same in ITR

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