Select Appropriate Assesse from Taxbase software :
If you choose Status as Company, Trust or Co-Op Society it will automatically show you form 3CA.
Select Appropriate Assesse from Taxbase software :
If you choose Status as other than above mentioned categories it will show you automatically form as 3CB.
Then in Taxbase go to forms and select Form 3CD and click on this
It will give you this screen Here you have click on e3CA – e3CD option first. Below it will show you option for Import & Export through Excel
On this screen it will pick Up the necessary details from assesses static information given at the time of assesse creation other Information regarding CA Name Membership number and CA
Address you have to type manually then save it you will be back to previous screen
If you choose Partner ship firm and entered partners details in the
Taxbase as shown in the screen
Same details will be fetch from Taxbase Software to Item No 7 in 3CD Form as shown in the screen shot , or you can click on reload data button also for same
Details entered in the General Information 1 will be pick up
automatically in 3CD form as shown below or you can click on reload data
This data will pick up to point number 8 from General Information 1 to 3CD
In Item No 11, 12 you have to mentioned Which type of accounting system you have employed in previous year, if there is any changes in this year.
Same way you have to
mentioned which method you have employed for your stock valuation and if there is any
change in the president year for mentioning Stock Valuation
method you have 59 characters space available
Depreciation details entered through Business & Profession option, under allowable expenses as shown in the screen shot will be transferred to 3CD Form
Same will be transferred to Item no 14 in 3CD form after you click on Reload Data option provided to you. If you maintained details like addition date wise it will reflect same here also.
Enter details of Each loan taken or funds deposited in the business as shown in the screen shot.
If same is applicable in 24b then you have facility to copy same details in 24b from 24a vis- a-viz
Details of Losses Brought Forward
entered in the Taxbase Software under option Losses B.F. and Adjusted as
shown in the screen shot.
Same data will be fetch in 3CD Form Item number 25 as shown in the screen shot
Details entered in the Taxbase Software in deduction under Chapter VIA as shown in the screen shot
same will be picked up in the option no 26 in 3CD data entry after clicking on reload data.
This way you have to complete data entry of all the Items 3CA, 3CB & 3CD in the Taxbase Software. At last in Annexure I you have to give details of Balance
Sheet figures for Current Year and Preceding Year & then click on Print button to print 3CA, 3CB & 3CD Audit Report on Screen
When it will print form 3CA on the desktop it will look like this as shown on the screen shot
3CD form will look like this as shown on the screen shot with the details which we have fill in the respective sections
For converting this report into XML file click on E-File button provided at the bottom of screen, then it will ask you for location where to save your audit file, give the location
It will ask you to validate XML file created by you on the location specified by you
During validation it will check for errors in the respective file and list you those errors, which you need to clear it. After successful validation without any errors it will
prompt you your file is successfully
validated against the schema
This is you 3CD.XML file which is ready for uploading on the Income Tax Website
To prepare audit report through Excel Import and Export Utility :
- Go to Forms - Select 3CD
- On bottom left side click - Select Export to Excel - Click on OK
- Give location to save file - After export it will give you message as file exported successfully
Then go to Taxbase Software : - Select Respective Assessee - Then go to forms
- Click on 3CD
- Click on import from Excel - It will ask you to overwrite data, make sure that if you say Yes it will overwrite existing data from 3CD
- It will import data from the excel sheet to your 3CD Form - Then Click on print
- Click on E-file
