Interest u/s 201(1A) was paid on 25-05-21 relating to FY 2020-21 and shown in Form 26Q (Q4). Now at the time of filing TAR for FY 2020-21, whether such interest payment will be shown under Clause 34(c) or it will be shown in TAR for FY 2021-22 when the actual payment was made?
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Tax Audit -Form 3CD-Clause 34(c)
Replies (3)
It will be shown in TAR of FY 2020-21
34 of Form 3CD. The Auditor need to report section-wise details of TDS/TCS deducted/collected and paid. 2. Section under which Assessee is covered.
The reporting as to whether the assessee is liable to pay such interest should also be in consonance with the reporting under clause 34(a), to the extent applicable where the details of non-deduction are required to be reported.34 of Form 3CD. The Auditor needs to report section-wise details of TDS/TCS deducted/collected and paid. 2. Section under which Assessee is covered.
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