Bharat Tax Audit and E-Filing By Kamal Garg 13th Reprint Edition May 2026

Tax Audit and E-Filing By Kamal Garg 13th Reprint Edition 2026

Tax Audit and E-Filing By Kamal Garg 13th Reprint Edition 2026

Description:

It gives mw immense pleasure in presenting before the readers the thirteenth edition of “Tax Audit and e-filing”. This Book will serve as a ready refrencer for chartered accountants as well as other professionals concerned, directly or indirectly, with tax audit section 44AB of the Income – Tax Act 1961. This Book is equipped with the following features:

• Detailed analysis of applicability if section 44AB, specially as regards the terms ‘sales’ , ‘turnover’ and ‘gross receipts’.
• Clause by Clause detailed , comprehensive and illustrated analysis of form 3CD [ as amended by the Income Tax ( Eighth Amendment ) Rules , 2025 w.e.f. 1 -4 – 2025] , in light if decided case ;laws as well as guidance note on tax audit revised 2023 edition issued by the institute of Chartered Accountants of India.
• Specimen Reportable Observations, comments , Qualifications and Remarks that may be made in form 3CA and 3CB along with the commonly observed non – compliances therein are also embodied in the Book.
• The various amendments made by Finance Act, 2025 are also duly incorporated at relevant places in the book along with the reference to notified Income Computation and Disclosure Standards.
• Audit engagement enshrines the very adherence to Code of Ethics. Therefore, a separate chapter has also been dedicated containing the relevant requirements of Code of Ethics (Revised 2019) as made applicable from 1-7-2020.
• The provisions discussed in the book have been supplemented  with various decided case laws and day to day practice queries in this regard.
• Illustrative Letter of Engagement, Consent Letter, Communication with previous Author and management representation letter are also given in the book.

Content

Chapter 1      Tax Audit under section 44AB of the Income Tax Act, 1961

Chapter 2      Specimen Reportable Observations, Comments, Qualifications and Remarks in Tax Audit Report
Form 3CA or 3CB

Chapter 3      Commonly observed non-compliances in Form 3CA, 3CB and 3CD by Taxation Audits Quality Review Board

Form 3CD Clause by Clause Analysis

Chapter 4      Clauses 1 to 8A

Chapter 5      Clause 9: Details of Firms, LLPs, AOPs

Chapter 6      Clause 10: Nature of business or profession

Chapter 7      Clause 11: Books of Account

Chapter 8      Clause 12: Presumptive Income

Chapter 9      Clause 13: Method of Accounting

Chapter 10    Clause 14: Method of Stock Valuation

Chapter 11    Clause 15: Capital Asset converted into Stock-in Trade

Chapter 12    Clause 16: Amounts not credited to Profit and  Loss Account

Chapter 13    Clause 17: Transfer of Land and/or Building vis-à-vis  Section 43CA/50C

Chapter 14    Clause 18: Depreciation

Chapter 15    Clause 19: Amounts admissible under sections 32AC, 33AB, 33ABA, 35, etc.

Chapter 16    Clause 20: Bonus/Employees Contribution to PF

Chapter 17    Clause 21: Certain Amounts debited to Profit and Loss Account

Chapter 18    Clause 22: Amount of interest inadmissible under section 23 of the MSMED Act, 2006

Chapter 19    Clause 23: Payments to Specified Persons

Chapter 20    Clause 24: Amounts deemed to be profits and gains under section 32AC, 33AB or 33ABA or 33AC

Chapter 21    Clause 25: Any amount of profit chargeable to tax under section 41 and computation thereof

Chapter 22    Clause 26: Sums covered by section 43B

Chapter 23    Clause 27: CENVAT Credit/Prior Period Items

Chapter 24    Clause 28 & 29: Implications of Transfers without Consideration

Chapter 25    Clause 29A: Advance received on Capital Asset Forfeited

Chapter 26    Clause 29B: Income of gifts exceeding `50,000

Chapter 27    Clause 30: Amount borrowed or repaid on Hundi, etc.

Chapter 28    Clause 30A: Primary and Secondary Transfer Pricing Adjustments

Chapter 29    Clause 30B: Thin Cap Adjustments

Chapter 30    Clause 30C: GAAR

Chapter 31    Clause 31: Acceptance or Repayment of Certain Loans and Deposits

Chapter 32    Clause 32: Unabsorbed Loss/Depreciation

Chapter 33    Clause 33: Sectionwise details of deductions, if any, admissible under Chapter VIA or Chapter III

Chapter 34    Clause 34: Audit of Compliance with TDS Provisions

Chapter 35    Clause 35: Quantitative Details

Chapter 36    Clause 36: Corporate Dividend Tax

Chapter 37    Clause 36A and Clause 36B: Deemed Dividend under section 2(22)(e) and amount received for buyback of shares as referred to in section 2(22)(f)

Chapter 38    Clause 37: Cost Audit Report

Chapter 39    Clause 38 and Clause 39: Central Excise and Service Tax Audit Report

Chapter 40    Clause 40: Accounting Ratios, etc.

Chapter 41    Clause 41: Details of Demand Raised or Refund Issued During the Previous Year under any other Tax Laws

Chapter 42    Clause 42: Furnishing of Form Nos. 61, 61A and 61B

Chapter 43    Clause 43: Furnishing of Country by Country Report (CBCR)

Chapter 44    Clause 44: Break-up of total expenditure of entities registered or not registered under GST

Chapter 45    Code of Ethics

Appendix 1      Income Tax Portal and e-Filing of Tax Audit Report

About Author

CA Kamal Garg [B. Com (H), FCA, DISA (ICAI)] is a Fellow Member of The Institute of Chartered Accountants of India (ICAI) and a First Class Commerce Baccalaureate from Deen Dayal Upadhyaya College, University of Delhi. He is also the member of Board of Studies (BOS) Study Material Research Group of NIRC of ICAI and a special invitee member of Accounting Standards Board (ASB) of ICAI. He has also been acknowleged by BOS of ICAI for his efforts for reviewing Advanced Auditing Study Material for CA Final Course of ICAI.Besides being a regular guest speaker for IFRS and Management Development Programmes at IBC & PKG, Mumbai, ICAI, ICSI, Direct Taxes Regional Training Institute (North-West Region) for Income Tax Inspectors training programme, he is also an author of over dozens of book(s) including Guide to Tax Audit u/s 44AB Foreign Direct Investments in India IFRS Concepts and Applications Accounting Standards and IFRS Auditor Practice Manual Handbook on Company s Balance Sheet and Profit & Loss Account under Revised Schedule VI and XBRL Handbook on Internal Auditing Consolidated Financial Statements Interim Financial Reporting Understanding Goods and Service Tax (GST) Professional Approach to Advanced Auditing for CA (Final) studies and Systematic Approach to Auditing for CA (PCC) studies published by Bharat Law House Private Limited.

He possesses a rich industry experience in the areas of Corporate Laws (like Companies Act, FEMA, Taxation, Foreign Collaborations, Joint Ventures, etc.), Audits and Management Consultancy