The following are Audit Report Forms prescribed under the Income-tax Act, 1961
Form 3CA: If any taxpayer is carrying on business or profession and he is mandated to get his accounts audited under any other law, then the taxpayer is required to file Form 3CA. For eg: a company mandatorily gets is accounts audited under the Company law, thus it is required to file Form 3CA.
Form 3CB: Any taxpayer who is carrying on business or profession and who is not required to get his accounts audited under any other law, is required to file Form 3CB. For eg: a proprietorship firm getting its accounts audited under this act would file form 3CB.
Form 3CD: Form 3CD is a statement of particulars required to be furnished under section 44AB. This form is compulsorily filed with either of the above two forms.
Form 3CE: Form 3CE is an Audit Report i.e., required to be submitted by Non-Residents or a Foreign Company doing business in the Indian Territory.
Form 3CEB: Form 3CEB is filed by an Assessee who is governed by the provisions of transfer pricing. Any Assessee who enters into an international transaction is required to file form 3CEB.
Form 10B: Where the total income of the trust or institution computed without giving effect to section 11 and 12 exceeds the maximum amount
not chargeable to income-tax in any previous year, its accounts for that year have been audited by an accountant. The report of audit of the accounts of a trust or institution shall be in Form No. 10B. Besides providing the Audit Report, the Form No 10B also provides for filing of “Statement of particulars” as Annexure.
