Judgement

The ITAT deletes the Section 271B penalty after holding that the inadvertent Form 3CD audit report error was covered under reasonable cause provisions.

ITAT Deletes Section 271B Penalty, Holds Form 3CD Reporting Error Covered Under Reasonable Cause

ITAT held that a genuine Section 43B deduction for employee bonus cannot be denied merely due to a reporting error in Form 3CD when actual payment is substantiated by evidence.

ITAT Allows Section 43B Deduction for Employee Bonus Despite Form 3CD Reporting Error

ITAT deleted a Rs 13.01 lakh addition made solely due to an auditor’s erroneous reporting in Form 3CD, holding that taxing already-disclosed income again would amount to double taxation.

ITAT Deletes Addition Arising from Auditor’s Reporting Error in Tax Audit Report

Failure to exercise due diligence in certifying tax audit report where no TDS was reported on material professional payment

ICAI Disciplinary Committee Reprimands CA for Incorrect TDS Reporting in Form 3CD

Articles

Form 3CD via Income tax Eighth- Amendment Rules, 2025 undergoes key changes including deleted clauses, new disclosures, and enhanced compliance and more.

Latest Amendments in Form 3CD: Practical Insights for FY 2024-25 Audits

News

As per Income Tax Audit Form Update Total MSME Dues paid within time or nor are to be Reported in Form 3CD

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ITAT Deletes Section 271B Penalty, Holds Form 3CD Reporting Error Covered Under Reasonable Cause

ITAT Allows Section 43B Deduction for Employee Bonus Despite Form 3CD Reporting Error

ITAT Deletes Addition Arising from Auditor’s Reporting Error in Tax Audit Report

ICAI Disciplinary Committee Reprimands CA for Incorrect TDS Reporting in Form 3CD

Latest Amendments in Form 3CD: Practical Insights for FY 2024-25 Audits

Income Tax Audit Form Update: Total MSME Dues even if paid within time to be Reported in Form 3CD