3CA 3CD FOR BANK AUDIT

The books and other records maintained are:

1. Journal Register

2. General Ledgers

3. Vouchers.

4. Agreements

(a)

(b)

(c).

(d)

(e).

The items falling within the scope of section 28;

the proforma credits, drawbacks, refunds of duty of customs or excise or service tax or refund of sales tax or value added tax where such credits, drawbacks or refunds are admitted as due by the authorities concerned;

escalation claims accepted during the previous year;

any other item of income

capital receipt, if any.

Normally Nil for Branches

Normally Nil for Branches

Normally Nil for Branches

Normally Nil for Branches

Details of property

Consideration received/accrued

Value adopted/assessed or assessable

(a)

(b)

(c).

(d)

i.

ii.

iii.

(e).

(f)

Description of asset / block of assets.

Rate of depreciation.

Actual cost or written down value as the case may be.

Additions/deductions during the year with dates; in the case of any addition of an asset, date put to use, including adjustments on account of

Modified value added tax credit claimed and allowed under the Central Excise rules, 1944, in respect of assets acquired on or after 1st March 1994.

change in rate of exchange of currency, and subsidy or grant or reimbursement by whatever name called.

Depreciation allowable

Written down value at the end of the year.

Branch is only required to report the details of Sales Proceeds in Annexure forming part of closing returns.

(a)

(b)

debited to the Profit & Loss Account (showing the amount debited and deduction allowable under each section separately)

amount admissible as per the provision of the Income Tax Act 1961 and also fulfills the conditions, if any specified under the relevant provision of the Income Tax Act, 1961 or Income Tax Rules 1962 or any other guidelines, circular, etc. issued in this behalf.

(b)

(i)

(ii)

(iii)

(iv)

(v)

(vi)

(vii)

(viii)

(c)

(d)

A

B

(e)

(f)

(g)

(h)

(i)

amounts inadmissible U/S 40(a);

as payment to non-resident referred to in sub clause (i)

as payment referred to in sub clause (ia)

Under sub-clause (ic).

Under sub-clause (iia)

Under sub-clause (iib)

Under sub-clause (iii)

Under sub-clause (iv)

Under sub-clause (v)

Amount debited to profit and loss account being interest, salary, bonus, commission or remuneration inadmissible under section 40(b)/40(ba) and computation thereof.

Disallowance/deemed income under section 40A(3)

On the basis of examination of books of account and other relevant documents/evidence whether the expenditure covered under section 40A(3) read with rule 6DD were made by account payee cheque drawn on a bank or account payee bank draft, if not please furnish the details.

On the basis of examination of books of account and other relevant documents/evidence whether the expenditure covered under section 40A(3) read with rule 6DD were made by account payee cheque drawn on a bank or account payee bank draft, if not please furnish the details.

Provision for payment of gratuity not allowable U/S 40A(7);

any sum paid by the assessee as an employer not allowable U/S 40A(9);

particulars of any liability of a contingent nature;

amount of deduction inadmissible in terms of section 14A in respect of the expenditure incurred in relation to income which does not form part of the total income.

Amount inadmissible under the proviso to section 36(1)(iii)

As per Annexure 2

As per Annexure 3

Not Applicable to Branches

Not Applicable to Branches

Not Applicable to Branches

Not Applicable to Branches

Not Applicable to Branches

Not Applicable to Branches

Not Applicable

As per Annexure 4

As per Annexure 4

Not Applicable to Branches

Not Applicable to Branches

Normally, it should be Nil for Branches.

Not Applicable to Branches

Not Applicable to Branches

(A) pre-existed on the first day of the previous year but was not allowed in the assessment of any preceding previous year and was

(a)  paid during the previous year;

(b) not paid during the previous year;

(B) was incurred in the previous year and was

(a) paid on or before the due date for furnishing the Return of Income of the previous year u/S 139(1)

(b)not paid on or before the aforesaid date;

(State whether sales tax, customs duty, excise duty or any other indirect tax, levy, cess impost etc. is passed through the Profit & Loss Account).

As per Annexure 6

As per Annexure 7

(b)

Particulars of income or expenditure of prior period credited or debited to the P & L A/C.

As per Annexure 9

(b)

(c)

(i) name, address and Permanent Account Number (if available with the assessee) of the lendor or depositor;

(ii) amount of loan or deposit taken or accepted;

(iii)  whether the loan or deposit was squared up during the previous year;

(iv) maximum amount outstanding in the account at any time during the previous year;

(v)  whether the loan or deposit was taken or accepted otherwise than by account payee cheque or an account payee bank draft;

** These particulars need not be given in the case of a Government company, a banking company or a corporation established by a Central, State or Provincial Act.

Particulars of each repayment of loan or deposit, in an amount exceeding the limit specified in Section 269T made during the previous year

(i) name, address and Permanent Account Number (if available with the assessee) of the payee

(ii) amount of the repayment

(iii) maximum amount outstanding in the account at any time during the previous year;

(iv)  whether the repayment was made otherwise than by account payee cheque or an account payee bank draft;

Whether the taking or accepting loan or deposit or repayment of the same were made by account payee cheque drawn on a bank or an account payee bank draft based on the examination of books of account and other relevant records.

The particulars (i) to (iv) at (b) and the certificate at (c) above need not be given in the case of a repayment of any loan or deposit taken or accepted from Government, Government company, banking company or a corporation established by a Central, State or Provincial Act

The management has certified that as per the policy of the policy of bank deposits exceeding the limits specified under section 269T of the Income Tax Act 1961 are not paid in cash. Such repayments are made either by account payee cheque or draft in favor of the depositors or are credited to their account held with the concerned branch.

As per Annexure 10

No.

Year

i.                    Opening Stock

ii.                  Purchases during the previous year

iii.                Sales during the previous year

iv.                Closing stock;

v.                  Shortage / excess, if any

A  Raw Materials:

i.    Opening stock

ii. Purchases during the previous year;

iii. Consumption during the previous year;

iv.   sales during the previous year;

v.  closing stock;

vi.* yield of finished products;

vii.* percentage of yield

viii.* shortage / excess, if any.

B. Finished Products / By-products:

i.  Opening stock;

ii. Purchase during the previous year;

iii. quantity manufactured during the previous year

iv. sales during the previous year

v. closing stock

vi. shortage / excess, if any.

* Information may be given to the extent available

(a)  total amount of distributed profits;

(b) amount of reduction as referred to in section 115-O(1A)(i).

(c) amount of reduction as referred to in section 115-O(1A)(ii)

(d) total tax paid thereon;

(e) dates of payment with amounts.

1.

2.

3.

4.

5.

Total turnover of the assessee

Gross Profit / Turnover

Net Profit / Turnover

Stock-in-trade / Turnover

Material consumed / Finished goods produced