Fill Form 843 Audit 2024-2025

Good evening, friends. Today, we are going to discuss the changes made to the export report form 3 CD for the assessment year 2018-19. We will be going through all the new clauses that have been inserted or amended in this audit report. I have a new audit report format 3 CD with me, which you can find in the video description. Additionally, we will be reading a presentation on this topic. So, make sure to download the presentation and keep a copy of 3 CD to better understand the changes made in the report. Firstly, let's focus on the first page of the report, specifically Part A, plus number 4. Here, we are required to provide the GST number along with the excise number, service tax number, etc. Since GST has come into force from July 1, 2017, it is mandatory to include the GST number. This is a minor change and doesn't require much discussion. Moving on to the body of the report, in verse number 19, there is a clause regarding specific deductions under certain sections, starting from 32 EC, 32 AB, 33 AB, up to 35 E. In this list, for the assessment year 2019, section 35A2 has been added. We need to discuss which items mentioned in section 35A2 are required to be reported in this form 3 CD. It is important to note that section 35AD has been included as a reporting requirement from this year. Although it is not a new section, the reporting requirement is new. Section 35AD specifically refers to certain types of businesses, such as cold storage, hospital housing projects, etc. If you are engaged in any of these businesses and have incurred capital expenditure, then 100% of the capital expenditure incurred during the previous year will be allowed as a deduction under...