CBDT revised Tax Audit Report Schema

CBDT revises Tax Audit Report Schema 6th time during the year

The Central Board of Direct Taxes (CBDT) have released schema for Revised Form 3CD schema (Tax Audit Report) version 1.14 on 7th September 2018. A total of 13 changes have been effected in the revised schema version. This is Sixth revision in tax audit report schema this year.

CBDT have modified the Form 3 CD popularly knows as Tax Audit Report via Income–tax (8th Amendment) Rules, 2018. The Changes shall come into force from the 20th day of August, 2018 vide Notification no 33 dated 20th July 2018.

However CBDT have vide Circular Number 6 dated 17th August 2018 have kept reporting under the proposed clause 30C and proposed clause 44 of the Tax Audit Report in abeyance till 31st March, 2019. Therefore, for Tax Audit Reports to be furnished on or after 20th August, 2018 but before 1st April, 2019, the tax auditors will not be required to furnish details called for under the said clause 30C and clause 44 of the Tax Audit Report. 

Click  2 view Form 3CD – Schema Change Document 
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