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 nameTax Audit Income Tax Form 3CB PDF
No. of Pages2  
File size232 KB  
Date AddedSep 24, 2022  
CategoryGovernment
LanguageEnglish  
Source/CreditsDrive 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:

ArticleTax Audit Income Tax Form 3CB
BeneficiaryAll income tax payers
The gainBeneficial to audit
Official websitehttps://www.incometaxindia.gov.in/Pages/default.aspx
Tax Audit Income Tax Form 3CB PDF

Tax Audit Income Tax Form 3CB PDF Download Link

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