Form 3CB/3CD Checklist

Note:

Ø  Ch stands for Characters

Form 3CB

1.

·         Select I if the firm of auditor is proprietorship and We for partnership from drop down option.

·         Select the year under audit from drop down option.

·         Select Profit & Loss account in case of business and profession and Income & Expenditure account for trust etc. from drop down option.

Name of Assessee (75 Ch) __________________________________________

Address (100 Ch)

              _________________________________________________________

              _________________________________________________________

              _________________________________________________________

PAN (10 Ch) ______________________________________________________

2.

Location of Head Office: (150 Ch)______________________________________

No. of Branches (3 Ch) ______________________________________________

3. (a)

Write observation/discrepancy/comments/inconsistency like vouchers are not maintained for expenses in 2000 characters only.

3. (c)

(ii) Select Profit or Loss.

·         Write Name of Auditor_______________________________________________

·         Address of Auditor__________________________________________________

___________________________________________________

·         Date        ____________

·         Place        ____________

Form 3CD

3CD Part A(1-6)

Ø  Following 1,2,3, 5 & 6 will automatically appear from form 3CB

Ø  1. Name 2. Address 3. PAN 5. P.Y. ended on 6. Asst. Year

Ø  4. Select status from drop down option.

3CD Part B(7-32)

7. Applicable only to Partnership and AOP:

Ø  It will automatically disable if you have selected status as individual in Point no. 4 of 3CD Part A(1-6)

Ø  (a) In case partnership or AOP write details as under:

Name of Partner  (75 Ch)                                      Profit Sharing Ratio (3 Ch)

1.______________________________            _______________

2.______________________________            _______________

3.______________________________            _______________

4.______________________________            _______________

5.______________________________            _______________

Ø  (b) In case of change in Profit sharing ratio, Select yes from the option and

      write details as under:

     Name of Partner  (75 Ch)                                      Profit Sharing Ratio (3 Ch)  

1.______________________________            _______________

2.______________________________            _______________

3.______________________________            _______________

4.______________________________            _______________

     5.______________________________            _______________    

     8. Nature of Business or profession:

(a) Select sector and Sub sector from drop down option, code will automatically displayed. If there are more than 1 businesses then enter details in respect of every business.

          Sector_______________ Sub sector____________

Sector_______________ Sub sector____________

(b) If there is change in nature of business then select yes from option and then fill the details of newly added or discontinued business. (Business added or discontinued during the previous year with respect to preceeding year.)

Business______________ Sector_______________ Sub sector____________

Business______________ Sector_______________ Sub sector____________

    9.

(a) If Section 44AA is applicable (Applicable to professionals with some conditions) then select yes from the option and write the list of books of accounts so prescribed:

List: _______________________________________________________________

(b) Write the list of books of account maintained (In case of books of account are maintained by computerized system then list the accounts generated by system, E.g. Write Cashbook then add, write Bank book then add….100 Ch)

If section 44AA is applicable then you can also tick on same as 9(a) above then system will automatically copy list from above.

List: _______________________________________________________________

(c) Write the list of books examined by auditor. You can also tick on same as 9(b) above then system will automatically copy list from above.

List: _______________________________________________________________

   10.

This is applicable only if P&L account include profit of any presumptive section like 44AD/AE/AF, 44B/BB/BBA/BBB. If applicable then select yes from the option and then write as under:

Section (100 Ch)                                             Amount (14 Ch)

1.         ______________                                        ___________________

2.         ______________                                        ___________________

3.         ______________                                        ___________________

   11.

          (a) Method of accounting (Select from drop down option)

                   Cash / Mercantile (Tick mark whichever is applicable)

          (b) Change in method of accounting (Select Yes or No from the option)

(c) If answer to the above (b) is Yes then quantify the effect of the same on Profit or Loss:

          Profit increased by   ______________       Profit decreased by ______________

Loss increased by     ______________       Loss decreased by   ______________

(d) Deviation from accounting standard. Select form option Yes or No. If yes then quantify the effect of the same on profit or loss:

Profit increased by   ______________       Profit decreased by ______________

Loss increased by     ______________       Loss decreased by   ______________                12.

(a) Write the method of valuation of closing stock in P.Y. (100 Ch)

{E.g. FIFO, LIFO, Weighted Average etc.}

          Method          : ______________________ 

                (b) Deviation from method employed in P.Y. (Select Yes or No from the option)

                If yes then quantify the effect of the same on profit or loss:

          Profit increased by   ______________       Profit decreased by ______________

Loss increased by     ______________       Loss decreased by   ______________       

12A.

Particulars of capital assets converted into stock-in-trade in following formats:

13.    Amount not credited to P & L Account:

          (a) The Item falling under charging section of B&P i.e. section 28

                        Description                                                         Amount

          1.________________________                                           __________

2.________________________                                           __________

3.________________________                                           __________

(b) The proforma credits, drawbacks, refund of duty of customs or excise or service tax or refund of sales tax or VAT, where such credits, drawbacks or refunds are admitted as due by the authorities concerned;

     Description                                                         Amount

          1.________________________                                           __________

2.___