Support on "Clause 44 reporting"} How to extract data for reporting from Tally? How to report Clause 44 of the Tax Audit Report?

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{Support on "Clause 44 reporting"} 

A)How to extract data for reporting from Tally? : https://youtu.be/jD0GpK1l99M 

B) How to report Clause 44 of the Tax Audit Report? i.e Qualifications: Templates

Clause 3 of Form 3CA or Clause 5 of Form 3CB, Qualification Type – Others

 

Situation- 1: Not providing information in Clause 44:

As informed by the assessee, the information required under clause 44 of Form 3CD has not been maintained in absence of any disclosure requirement thereof under the goods and service tax statute. 

Further the standard accounting software used by Assessee is not configured to generate report as required under this clause in absence of any prevailing statutory requirement. Therefore, it is not possible to determine break-up of total expenditure of entities registered or not registered under the GST. In view of above we are unable to verify and report the desired information in this clause.

 

Situation 2: Assesse not registered under GST and Not providing information:

The assessee is not registered under GST and as informed by the assessee, the information required under clause 44 of Form 3CD has not been maintained in absence of any disclosure requirement thereof.  Further the standard accounting software used by Assessee is not configured to generate report as required under this clause in absence of any prevailing statutory requirement. Therefore, it is not possible  to determine break-up of total expenditure of entities registered or not registered under the GST. In view of above we are unable to verify and report the desired information in this clause.

 

Situation 3: Providing information – however limitation on obtaining some information

As informed by the assessee, the information reported under clause 44 of Form 3CD is based on the information extracted from accounting software / relevant GST report. However this may not be accurate as the accounting software used by Assessee is not configured to generate report as required under this clause in absence of any prevailing statutory requirement. In addition, the software/system does not capture information relating to the entities falling under composition scheme or supply with ineligible credit. Therefore, it is not possible for us to verify the break-up of total expenditure of entities registered or not registered under the GST and unable to comment on accuracy of information provided therein. Total expenditure reported under the clause includes capital expenditure however does not include depreciation, bad debt and expenditure which is not a supply as per GST.

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शारदीय नवरात्रि की शुभकामनाएं !

Regards,

CA Nitesh More