Income Tax Portal Update for Tax Audit FY 2022-23:

Income Tax Portal Update for Tax Audit FY 2022-23 The Income Tax Department has issued an update regarding Tax Audit for Financial 2022-23 on their official income tax portal. The IT department has made an option live on the income tax portal, where you can now assign a Chartered Accountant for Form 3CA/3CB-3CD for AY 2023-24.

What is Form 3CA-3CD?

Tax Audit Report in the event of a taxpayer with business or professional income who is obligated to have his or her accounts audited under another Act (other than the Income Tax Act).

What is Form 3CB-3CD?

Tax Audit Report for a taxpayer with business or professional income who is not required to have his or her accounts audited under any other Act (other than the Income Tax Act).