Why Reporting in this
Clause No.
Clause
To know whether the
8a assessee opted for taxation
under new tax regim
To know whether assessee
11(a) maintain books of account
or not.
To know whether P/L
include profit or gain
12
Section Explanation to Section
Tax on income of certain
115BA manufacturing domestic companies
@ 25%
Tax on income of certain domestic
115BAA
companies @ 22%
Tax on income of certain new
115BAB manufacturing domestic companies
@ 15%
New tax regim for Individual and
115BAC
HUF
Tax on income of certain resident
115BAD
co-operative societies @ 22%
Every person carrying on legal,
medical. Engineering or
architectural profesion or
profession of accountancy or
technical consultancy or interior
44AA
decoration. Every person engagged
in business and this turover or
gross receipt exceeds or likely to
exceed specified limit shall keep
such books as may be specified.
Presumptive profit for business @
44AD 8% (and 6% if money received
throught banking channel)
Presumptive profit for business of
plying, hiring or leasing goods
44AE carriage. Not more than 10 truck,
1000 per tonn for heavy vehicle,
for other 750 pen tonn of vehicle
Presumptive profit for business of
44AF
retail business @ 5%
 12
assessable on presumptive
basis
To know whether any
13(d) adjustment is required in
P/L to comply with ICDS
To know the effect of
14(b) deviation from the method
of valuation
To know the amount not
16(b)
credited to P/L
To know details of land /
building / both transferred
17 during previous year far a
consideration lower then
stam duty value
NR Engaged in the business of
44B
shipping @ 7.5%
NR Engaged in the business of
44BB supply of services for exploration
of mineral oil etc @ 10%
NR Engaged in the business of
44BBA
aircraft @ 5%
Foreign company engaged in the
business of turnkey project
44BBB
development @ 10% (amount
received in india or outside india)
CG by notification prescribe class
145(2)
of person covered by ICDS.
Stock @ Cost or NRV - WEL.
Purshase or sale shal include all
145A duty cess etc. Valutaion of
securities to be done time to time
as per rules.
28 Charging section of PGBP
Where an aseet is transferred other
than land and building is done on
vale less than value adopted by
43CA
relevant authorities. Then value
adopted by authorities adpoted by
authorities shall deemed to be full
Same as above for land and
50C
building.
Investment in new plant and
32AC
machinery exceeding 100 Crore
Investment in new plant and
32AD machinery in notified backward
area @ 15%
 Deposit of amount in
tea/coffee/rubber development
33AB account within 6 month from end
of year or before due date of filing
return - WEE.
Amount deposited in site
restoration fund when assesee is in
33ABA
business of extration of petrol and
natural gas
35(1)(i)
Scientific reserch business
35(1)(ii)
deduction
35(1)(iv)
Any sun paid to national laboratory
35(2AA)
for specific scientific reserch

Company ebgaged in the business

35(2AB) incurres expenditure on in house
To know the amount debited
19 and allowed to be debited to
P/L as per IT Act
of bio techonology business
development facility approved by
authority
License for telecom spectrum
allowed over the previous year in
35ABB
which license used according to
amount paid.
Sum paid to local authority or any
35AC person carrying out eligible project
or scheme
Deduction in nrespect of specified
35AD
nature of business
Expenditure incurred for carrying
35CCA out any rural development
programm
Expenditure incurred by way of
payment to institution or
35CCB
association for conservation of n
atural resources
Expenditure on skill development
35CCC
projects.
 Amortisation of preliminary
35D expenses equally over a period of
10 years.
Amortisation of expenses on
35DD amalgmation or demerger over a
period of 5 years
Amortisation of expenses VRS
35DDA
over a period of 5 years
Expenditure on prospecting for
35E certain minerals equally over a
period of 10 years.
To know sum paid as bonus
Bonus /commission paid to
to employee where the same
20(a) 36(1)(ii) employee, where such sum not
was payable as profit or
payable as profit or dividend
dividend
Amount deposited in site
To know the details of
restoration fund when assesee is in
20(b) employees contribution and 36(1)(va)
business of extration of petrol and
their payment details
natural gas
Certain expenses deduction of
which ios not allowed under
Details of amount
21(b) 40(a) PGBR. Eg - interest paid outside
inadmissible
india on which TDS not deducted
etc
To know the details of
payment on which TDS has Person deducting TDS shal submit
21(b)(i)(B) been deducted but not paid 200(1) the same within specified time
during previous year or limit.
within specified period

To know the details of

payment on which TDS has
21(b)(ii)(B) been deducted but not paid 139(1) Due date of filing return
during previous year or upto
the due date of filing return
 Details of amount of
interest, salary, bonus, Salary to working partner only and
21(c ) 40(b)
commission debited to P/L as per partnerhip deed
inadmissible

Payment of salary interest or bonus

40(ba)
by AOP/BOI to its members

Details of
disallowance/deemed
21(d)(A) income for expenditure 24A(3)
made through account payee
cheque
Details of
disallowance/deemed
21(d)(B) income for payment made
through account payee
cheque
No deduction of gratuity allowed
Details of gratuity paid not
21(e ) 40A(7) to employer on ntermination or
allowed
retirement of employee
Details of sum paid as No deduction for payment maade
21(f) employer not allowed as 40A(9) by the employer for formation od
deduction setting up of any trust
Details of expenditure
No deduction of income which
inadmissible incurred form
21(h) 14A does not become part of total
income not forming part of
income.
total income
Amount borrowed for the purpose
Details of amount of business. Not allowed till date it
21(i) 36(1)(iii)
inadmissible has been employed for the same
purpose.
Excess or unreasonable payment
Details of payment maid to
23 40A(2)(b) made to apecified person not
specified persons
allowed.

Details of deemed profit or
24
gain
Certain payment allowed on
26
actual payment basis
Details of share of Private
Company received during
28 56(2)(viia)
the previous year without or
inadequate consideration
Investment allowance in respect of
ship or aircraft purchased for the
32AC
purpose of business. Deduction in
the year of put to use @25%
Investment in new plant and
32AD machinery in notified backward
area @ 15%
Deposit of amount in
tea/coffee/rubber development
33AB account within 6 month from end
of year or before due date of filing
return - WEE.
Amount deposited in site
restoration fund when assesee is in
33ABA
business of extration of petrol and
natural gas
Investment allowance in respect of
ship or aircraft purchased for the
32AC
purpose of business. Deduction in
the year of put to use @25%
43B(a) Tax, duty, fee, cess
43B(b) Employees contribution
43B(c)
43B(d) Interest on borrowing from PFI
Interest on borrowing from Co-
43B(e) operative societies, rural
development banks
Sum payble to employee in lieu of
43B(f)
leave credit
Any sum payable to Indian
43B(g)
Railway
Where a firm or Private company
received share during the previous
year without or inadequate
consideration
 Details of sum to be include Sum received as advance forfited
29A(a) 56(2)(ix)
in IOS during the period of negotiation
Where a person receive a sum or
Details of sum to be include
29B(a) 56(2)(x) property during the previous year
in IOS
exceeding 50,000/- free of cost.

Details of amount or interest

Any so repaid in cash shall deemed
repaid borrowed on hundies
30 69D to be the income of person
otherwise than through
borrowed the said same.
account payee cheque

Whether primary adjustment 92CE

30A for transfer price made
during the previous year
92CE(1)
92CE(2)
Details of interest
94B(1)
30B expenditure incurred
exceeding 1 Crore Rupees
94B(4)
Assessee entered inton
30C impermissible Avoidance 96
agreement
No person shall borrow an amount
Particulars of loan or
exceeding 20,000/- in cash
31(a) deposit taken for amount 269SS
including amount already
exceeding specified limit
borrowed.
no person shall accept 2 Lakh or
Particulars of each receipt of
more from a person in a day and
31(ba) amount exceeding apecified 269ST
for a single transaction and
limit
inrespect of one or more event.

No branch of banking company or

Particulars of repayment of
co-operative society shall repay
31(c ) loan exceeding specified 269T
loan or advance otherwise than
limit
through account payee cheque

Tax on income of certain domestic

115BAA
companies @ 22%
 New tax regim for Individual and
115BAC
HUF
Tax on income of certain resident
32(a) Details of b/f losses 115BAD
co-operative societies @ 22%
115BCA
Tax on income of certain resident
115BAD
co-operative societies @ 22%

Carryforward and setoff of losses

Details of change in
in Private Company not allowed if
shareholding pattern due to
32(b) 79 holding of 51% is same as on the
which losses can't be carried
last date of FY in which loss
forward
incurred
Details of speculation Any loss of speculation business
32(c ) &
lossess incurred during 73 shall be setoff against the income
32(e )
previous year of speculation business.
Loss of specified business u/s
Details of lossess from
32(d) 73A 35AD shall be setoff against
specified business
income of specifed business.
Special deduction od profit or
10A gains derived from the business
Details of section wise
33 established in free trade zone for a
deduction Special provision in respect of
10AA
newly established units in SEZ\
Interest on late deduction of TDS
@ 1%pm pr part thereof and
201(1A) 1.5%pm in case of late submission
34(c ) Liability to pay interest
of tax to the credit of revenue
authorities.
206C(7) Interest in case of TCS
Any loan given by private
company to its member who is
holding not less than 10% of
Details od amount received
36A 2(22)( e) voting right shall deemed to be
as dividend
distribution of dividend to the
extent of balance in reserve and
surplus
 To know whether audit
relating to valuation of
39 72A
taxable services conducted
and details thereof.
Provision relating to carry forward
and set off of accumulated loss and
unabsorbed depreciation allowance
in amalgamation or demerger, etc.

To know whether Every parant/alternate entity of an

assessee/parent entity/any intenational group shall furnish a
43(a) 286(2)
other entity is liable to report within 12 months from the
furnish report end of financial year.