As per the CBDT,s circular No. 9/2006, dated 10-10-2006 , along with new Return forms namely -Form 2F ,Form No. 1, Form No. 2, Form No. 3, and Form No. 3B- a taxpayer should not attach
- any statement showing the computation of income or tax or notes thereto,
- copies of balance-sheet, profit and loss account or notes thereto,
- TDS/ TCS certificate,
- proof of payment of advance tax or self-assessment tax,
- Tax audit report u/s 44AB,
- Any other document.
Should the Tax Audit Report be submitted separately?
No, TAx Audit Report need not be furnished separately also before or after the due date. However, you must get the report of audit u/s 44AB before the due date of the furnishing of the return. You may be asked to furnish the audit report in original during the assessment proceedings. No penalty under section 271B shall be initiated or levied for not furnishing the tax audit report on or before the due date. However, if the audit report has not been obtained before the due date, provisions of section 271B shall be attracted.
What about Audit report u/s 92 E?
The report as required under section 92E of the Income-tax Act shall continue to be furnished before the date specified in rule 10E.
The report as required under section 92E of the Income-tax Act shall continue to be furnished before the date specified in rule 10E.
No TDS or TCS with Return? How will Govt give credit ?
While processing the return under section 143(1), the credit for Tax deducted at source (TDS)/ Tax collected at sources (TCS) shall be allowed on the basis of details furnished in the relevant schedules of these returns as if the TDS/ TCS certificates have been filed.
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