Question ID :
42312
Clause-44 And 30 C of Form-3CD
Whether clause 44 And 30C of Form 3Cd are applicable for Reporting in 3CD for Asst Year 2022-23.
Posted by
ARUN KUMAR ARORA
on
Jun 18, 2022
Filed Under
DIRECT TAXES
Not applicable. Inference - Circular 5/2021 dared March 15, 2021.
Posted by
B.CHACKRAPANI WARRIER on
Jun 20, 2022
Answer ID :
81534
In my opinion yes. Because reporting in Form 3CD is based on the Financial Data of relevant previous year, therefore, the deferment of clauses 30C and 44 was up to 31.03.2022 gives an impression that same is applicable from the commencing from 01.04.2022, But emphasis in the circular is towards reporting requirement only and not towards period of financial year. Thus in this view any report issued/signed after 31.03.2022 will be cover both clauses. It means clauses 30C and 44 is applicable for the Assessment Year 2022-23.
Posted by
CA (Dr) Mukesh Kumar Ruwatia on
Jun 24, 2022
Answer ID :
81540
The view of Dr. Ruwatia is correct. Inference - Conjoined reading of Circular 5/2021 and 6/2018.
Posted by
B.CHACKRAPANI WARRIER on
Jul 09, 2022
Answer ID :
83674
yes
Posted by
CA JEET REWRI on
Aug 31, 2022