CBDT has released the updated version (1.3.3) of the Common Offline Utility for Forms 3CA-3CD and 3CB-3CD, which is required for taxpayers to submit audit reports.
Reetu | Oct 23, 2024 |
CBDT released Updated Common Offline Utility for Income Tax Form 3CA-3CD and 3CB-3CD
The Central Board of Direct Taxes (CBDT) has released the updated version (1.3.3) of the Common Offline Utility for Forms 3CA-3CD and 3CB-3CD, which is required for taxpayers to submit audit reports under Section 44AB of the Income-tax Act of 1961.
This updated utility is now available from 15th October 2024 and facilitates the filing of audit reports while also improving performance and compliance.
Forms 3CA-3CD and 3CB-3CD are required for submitting tax audit reports. Form 3CA-3CD is used when a taxpayer’s accounts have already been audited under another law and Statement of Particulars is required to be furnished under Section 44AB of the Income Tax Act of 1961, whereas Form 3CB-3CD is used when accounts are audited particularly under Section 44AB of the Income Tax Act, 1961.
Edge browser installation is required before installing the utility.
Date of first release of Form Utility: 10-Sep-2021
Date of Latest release of Form Utility: 15-Oct-2024
To Download Utility – Click Here
This 112 MB-sized utility is essential for tax auditors and tax professionals dealing with large quantities of data entries for businesses or professions that are subject to tax audits.
The recently updated version improves accuracy, simplifies data entry, and streamlines validation checks, allowing auditors to create reports more efficiently.
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