Tax Audit Income Tax Form | टैक्स ऑडिट आयकर फॉर्म 3CB PDF

Download Tax Audit Income Tax Form 3CB PDF

You can download the Tax Audit Income Tax Form 3CB PDF for free using the direct download link given at the bottom of this article.

File name	Tax Audit Income Tax Form 3CB PDF
No. of Pages	2
File size	232 KB
Date Added	Sep 24, 2022
Category	Government
Language	English
Source/Credits	Drive Files

Tax Audit Income Tax Form 3CB Overview

In respect of a taxpayer carrying on any business or profession but who is not required to have his accounts audited under any other law. A proprietorship entity or partnership firm, having a turnover of more than Rs 1 crore and not opting for presumptive income scheme, is not required to get its accounts audited under any law other than income tax. So, it will submit Form 3CB.

If the taxpayer does not get his accounts audited or does not file the audit report, the Assessing Officer can levy penalty u/s 271B. Rs 1,50,000 Minimum penalty which may be 0.5% of the total sales, turnover or gross receipts, however, if the taxpayer gives reasonable reasons for non-compliance, no penalty shall be levied.

Highlights:

Article	Tax Audit Income Tax Form 3CB
Beneficiary	All income tax payers
The gain	Beneficial to audit
Official website	https://www.incometaxindia.gov.in/Pages/default.aspx

Tax Audit Income Tax Form 3CB PDF Download Link