Major Changes in New 3CD- Tax Audit Forms
Revision of TAR and New reporting requirements in Form 3CD- Notification No. 28/2021 The six changes in the tax audit form in Form 3CD Budget for 2021: The ‘Tax Audit’ ceiling under Section 44AB has been enhanced from Rs.10 crores to Rs.5 crores in cases where % of business transactions are done digitally. The reporting …