Tax Audit Report – Revised Forms 3CA, 3CB & 3CD (AY 2017-18)

New /Revised Formats of Tax Audit Report Forms 3CA, 3CB & 3CD (AY 2017-18); Form 3CD revised for ICDS Reporting w.e.f. AY 2017-18

CBDT had amended Forms 3CA, 3CB and 3CD of Tax Audit Reports w.e.f. 25 Jul. 2014 expanding scope of reporting/ verification. Further, Form 3CD has been revised by CBDT on 29 Sept. 2016 for ICDS Reporting Adjustments applicable from AY 2017-18, as under:

CBDT Notification No. 33/2014 dt. 25th July, 2014

The CBDT, in exercise of the powers conferred by section 295 read with section 44AB of the Income-tax Act, 1961 (43 of 1961), had amended Form No. 3CA, Form No. 3CB and Form No. 3CD, vide Notification No. 33/2014 w.e.f. 25th July, 2014. These forms can be utilised for tax audit reports pertaining to AY 2015-16 and 2016-17.

CBDT Notification No.88/2016 dt. 29 Sept. 2016 – ICDS Rules 2016

The CBDT has further amended/ revised Form 3CD, applicable from AY 2017-18 (i.e. corresponding to Financial/ Previous Year 2016-17) to facilitate changes relating to ICDS Reporting Adjustments thru Income-tax (23rd Amendment) Rules, 2016 vide Notification No. 88/2016.

The revised Forms 3CA, 3CB, 3CD, 3CEB, 29B etc. are now required to be uploaded in ‘xml’ format after signing digitally at the e-filing website of Income Tax Deptt.

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