Guide to Tax Audit AY 2017-18 Paperback – 2017 by
Guide to Tax Audit AY 2017-18 Also Incorporating:
- Guide to Income Computation & Disclosure Standards
Price Rs 1100. Click to buy Online
- Author : SRINIVASAN ANAND G
- Edition : Asst.Year 2017-18
- Date of Publication : April 2017
- Publisher: Taxmann Publications Pvt. Ltd.; A.Y 2017-18 edition (2017)
- ISBN No.:9789386482433
- Binding : Paperback
- No. Of Pages : 736
- Weight (Kgs) : 0.765
key Contents of this Book Guide to Tax Audit AY 2017-18
DIVISION ONE
- ANALYSIS OF SECTION 44AB REGARDING COMPULSORY AUDIT OF ACCOUNTS
- WHEN PERSON CARRYING ON PROFESSION IS REQUIRED TO GET HIS ACCOUNTS AUDITED U/S 44AB(b) & U/S 44AB(d)
- WHEN PERSON CARRYING ON BUSINESS IS REQUIRED TO GET HIS ACCOUNTS AUDITED U/S 44AB
- OBLIGATIONS CAST BY SECTION 44AB
- PENALTY – SECTION 271B
- PREPARATION OF FINANCIAL STATEMENTS
DIVISION TWO
7 FORM NO. 3CA
8 FORM NO. 3CB
9 FORM NO. 3CD
10 CLAUSES 1 TO 3 AND 5 TO 7
11 CLAUSE 4 OF FORM NO. 3CD REGISTRATION UNDER INDIRECT TAX LAWS
12 CLAUSE 8 OF FORM NO. 3CD RELEVANT CLAUSE OF SECTION 44AB UNDER WHICH TAX AUDIT IS APPLICABLE
13 CLAUSE 9 OF FORM NO. 3CD : DETAILS REGARDING FIRMS/AOPs/LLPs
14 CLAUSE 10 OF FORM NO. 3CD : NATURE OF BUSINESS/PROFESSION
15 CLAUSE 11 OF FORM NO. 3CD : BOOKS OF ACCOUNT
16 CLAUSE 12 OF FORM NO. 3CD : PRESUMPTIVE INCOME
17 CLAUSE 13 OF FORM NO. 3CD : METHOD OF ACCOUNTING & COMPLIANCES
18 CLAUSE 14 OF FORM NO. 3CD : METHOD OF STOCK VALUATION
19 CLAUSE 15 OF FORM NO. 3CD : CAPITAL ASSET CONVERTED INTO STOCK-IN-TRADE
20 CLAUSE 16 OF FORM NO. 3CD : AMOUNTS NOT CREDITED TO PROFIT AND LOSS ACCOUNT
21 PROPERTY (LAND OR BUILDING OR BOTH) TRANSFERRED AT LESS THAN STAMP DUTY VALUE – CLAUSE 17 OF FORM NO. 3CD
22 CLAUSE 18 OF FORM NO. 3CD : DEPRECIATION
23 CLAUSE 19 OF FORM NO. 3CD : AMOUNTS DEDUCTIBLE UNDER SECTIONS 33AB, 33ABA, ETC.
24 CLAUSE 20 OF FORM NO. 3CD : BONUS/ EMPLOYEES CONTRIBUTION TO PF
25 CLAUSE 21(a) OF FORM NO. 3CD : AMOUNTS DEBITED TO PROFIT AND LOSS ACCOUNT
26 CLAUSE 22 OF FORM NO. 3CD : AMOUNT OF INTEREST INADMISSIBLE UNDER SECTION 23 OF MSMED ACT, 2006
27 CLAUSE 23 OF FORM NO. 3CD : PAYMENTS TO PERSONS SPECIFIED UNDER SECTION 40A(2)(b)
28 CLAUSE 24 OF FORM NO. 3CD : AMOUNTS DEEMED TO BE PROFITS AND GAINS UNDER SECTION 32AC/33AB/33ABA/33AC
29 CLAUSE 25 OF FORM NO. 3CD : AMOUNTS DEEMED TO BE PROFITS AND GAINS UNDER SECTION 41
30 CLAUSE 26 OF FORM NO. 3CD : SUMS COVERED BY SECTION 43B
31 CLAUSE 27 OF FORM NO. 3CD : MODVAT CREDIT/ PRIOR PERIOD ITEMS
32 ‘GIFTS’ OF UNLISTED SHARES RECEIVED BY LLPs/ FIRMS/COMPANIES – CLAUSE 28 OF FORM NO. 3CD
33 SHARE PREMIUM RECEIVED BY CLOSELY HELD COMPANIES IN EXCESS OF FMV TAXABLE – SECTION 56(2)(viib) – CLAUSE 29 OF FORM NO. 3CD
34 HUNDI TRANSACTIONS – CLAUSE 30 OF FORM NO. 3CD
35 CLAUSE 31 OF FORM NO. 3CD : ACCEPTANCE/ REPAYMENT OF LOAN/DEPOSIT
36 CLAUSE 32 OF FORM NO. 3CD : UNABSORBED LOSS/DEPRECIATION
37 CLAUSE 33 OF FORM NO. 3CD : CHAPTER VI-A DEDUCTIONS
38 CLAUSE 34 OF FORM NO. 3CD : AUDIT OF COMPLIANCE WITH TDS PROVISIONS
39 CLAUSE 35 OF FORM NO. 3CD : QUANTITATIVE DETAILS
40 CLAUSE 36 OF FORM NO. 3CD : DIVIDEND DISTRIBUTION TAX
41 CLAUSE 37 OF FORM NO. 3CD : COST AUDIT REPORT
42 CLAUSE 38 OF FORM NO. 3CD : CENTRAL EXCISE AUDIT REPORT
43 CLAUSE 39 OF FORM NO. 3CD : SERVICE TAX AUDIT FOR VALUATION FOR SERVICES
44 CLAUSE 40 OF FORM NO. 3CD : ACCOUNTING RATIOS
45 DETAILS OF DEMANDS RAISED OR REFUNDS ISSUED UNDER TAX LAWS : CLAUSE 41 OF FORM NO. 3CD
DIVISION THREE – ICDS
1 INTRODUCTION
2 SALIENT FEATURES OF THE NOTIFIED INCOME COMPUTATION & DISCLOSURE STANDARDS (NEW)
3 ICDS-I (NEW) – ACCOUNTING POLICIES
4 ICDS-II (NEW) – VALUATION OF INVENTORIES
5 ICDS-III (NEW) – CONSTRUCTION CONTRACTS
6 ICDS-IV (NEW) – REVENUE RECOGNITION
7 ICDS-V (NEW) – TANGIBLE FIXED ASSETS
8 ICDS-VI (NEW) – THE EFFECTS OF CHANGES IN FOREIGN EXCHANGE RATES
9 ICDS-VII (NEW) – GOVERNMENT GRANTS
10 ICDS-VIII (NEW) – SECURITIES
11 ICDS-IX (NEW) – BORROWING COSTS
12 ICDS-X (NEW) – PROVISIONS, CONTINGENT LIABILITIES AND CONTINGENT ASSETS
13 CBDT’S CLARIFICATIONS ON INCOME COMPUTATION AND DISCLOSURE STANDARDS (ICDS)