CHECK LIST FOR TAX AUDIT
I GENERAL
- Tally Backup data for FY.2012-13 and entries upto as on date
- Last year Tax Audit report with comments
- NOC of last year C.A.
- Cancelled Cheque : A/C No., IFSC Code
- Login ID & Password on IT Return e-Filing website
- Balance Sheet , P&L and all schedules of Entity / Co.
- Pan Card xerox copy of Entity / Co.
- Authorised Partner / Director Pan No.
- Apply for DSC of authorised partner / director if it expired withy 1 photo ,1 self attested identity proof, 1 self attested address proof
II BALANCE SHEET
- Ledger of Reserves & Surplus in detail
- Ledger of unsecured loan in opening + Receipt – Payments = Closing format with Pan No. U/s 269SS & 269T
- Certificate U/s 269SS & 269T For no loan taken / paid in cash
- Sundry creditors break up : More Than 1 Year & Other
- Ledger of provisions in detail with xeros copy of Vat, CST, ServiceTax , ESIC, PF, TDS Paid Challan After 31/03/2013.
- Depreciation Schedule inprescribed format as per Income Tax Act 1961 with purchase date if addition and sale date if deletion
- Sundry Debtors break up : More than 6 months & others
- STOCK STATEMENT IN DETAIL BREAKUP OF RAW MATERIAL, WORK IN PROGRESS & FINISHED GOODS
- QUANTITATIVE DETAILS OF ABOVE STOCK STATEMENT IN RW, WIP & FG I PROFIT & LOSS
- EMPLOYEES PAYMENT TO BONUS OR COMMISSION MONTHWISE STATEMENT U/S36(1 )(ii)
- EMPLOYEES CONTRIBUTION TO EPF & ESIC MONTHEWISE STATEMENT U/S 36(1 )(va)
- CAPITAL EXPENDITURE & PERSONAL EXPENDITURE (i.e. DONATION) ARE DISALLOWED U/S 37 IF ANY
- EXPENDITURE DISALLOWED U/S 40a IF ANY(i.e. INCOME TAX, WEALTH TAX)
- EXPENDITURE DISALLOWED U/S 40b IF ANY (i.e. P. CAPITAL INTEREST, P. SALARY)
- PAYMENT TO RELATIVES U/S 40A(2)(b)
- CASH PAYMENT EXCEEDING RS. 20,000/- U/S 40A(3)
- CERTIFICATE U/S 40A (3) FOR NO CASH PAYMENT EXCEEDING RS. 20,000/- l OTHERS
- ADVANCE TAX CHALLAN
- TDS CERTIFICATES SAME AS 26AS STATEMENT
- TDS AMOUNT IN BALANCE SHEET SAME AS 26AS STATEMENT
- SELF ASSESSMENT TAX CHALLAN
- FOR CAPITAL GAIN : SALE & PURCHASE DATE FOR COST OF ACQUISITION IF ANY
- PROOF FOR DEDUCTION U/C VI A (i.e. 80C, 80D etc.)
- 80 G DEDUCTION RECEIPT WITH PAN NO
- APPLICABILITY OF COST AUDIT & EXCISE AUDIT IF ANY