Tally ERP 9 - TAX AUDIT

8/12/2019 Tally ERP 9 - TAX AUDIT

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Tally Solutions Pvt. Ltd. All Rights Reserved

Tax Audit with Tally.ERP 9Under Section 44AB of IT Act


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Tally Solutions Pvt. Ltd. All Rights Reserved 2

Tax Audit DashboardGo to Gateway of Tally > Audit & Compliance > Tax Audit

Displays thetotal numberof Vouchersavailable orLeft for Audit

Displays thetotal numberof VouchersalreadyAudited bythe Auditor

Displays theVoucherCount foreach Clausewhich arekept forseniors help

Displays theVoucherCount thatare sent forClientsClarification

Displays theVoucherCount whichare Clarifiedby the Client

Displays theVoucherCount thatare Alteredby ClientAfter Auditcompletion

Displays theAuditCompletionStatus asMarked bythe Auditor

Click on this button to print Annexures to Form 3CD Click on this button to change the Period

Auditor can

set the Tax

Audit Rules &

Statutory

Payment dates

from the Audit

Features

screen

Click on this button to display the Last Audit details

Click on thisButton to viewthe NeedClarificationAnd ClarifiedVouchers Forall modules

Click on thisButton to savethe AuditCompletion

Status forEach Clause


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F9: Save Auditto mark Audit completion for a Clause

To mark/change the Audit Completestatus for a clause: Selectthe Clause by pressing Spacebaron the required Clause

Click on F9: Save Audit

Press Crtl+A to save the Audit Completionstatus

Note:If there are any Altered Vouchers, then the respective Clause cannot be marked as AuditCompleted till the Altered Voucher is re-audited.

This will be helpful when multiple Article Clerks are workingon different Clauses to keep track of the Clauses for whichAudit is completed and Annexure can be printed.


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F11: Audit Features

Go to Gateway of Tally > Audit & Compliance > Tax Audit > F11: FeaturesThe Auditor can enterthe Rules forAmountsInadmissible u/s40A(3)and set theStatutory Payment

Due Datesto displayappropriate Paymentstatus in the Tax Paidsection of the TaxAudit reports.

e.g.if the Auditor sets20thas Tax Payment

date in the abovescreen for VAT, thenthe Tax Paid on orbefore 20thwill showthe status as Paid onTime, Payments madeafter 20thwill be

marked as Paid Late.


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F12: Configureto display the last Audit details

Go to Gateway of Tally > Audit & Compliance > Tax Audit > F12: Features SetShow Last Audit Details to Yes

Press Enterto display the Last Audit details

When there are multiple article Clerks, this feature will provide the details of the Article clerkresponsible for each Clause.


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Auditing for Amounts Inadmissible u/s 40A(3)

Go to Gateway of Tally > Audit & Compliance > Tax Audit

Highlight the selected line by using the upand down arrow keys and press Enter

Displays all the Ledgers under Primaryhaving Aggregate Payments more than20,000 per day

Click on this button to view Ledgersbelonging to specific Group

Click on this button to view all theVouchers, by default only UnauditedVouchers are displayed

Click on this button to exclude the Expenseswhich are allowed under Rule 6DD

Select the Ledger that needs to beexcluded from Cash Payments (allowed asexpenditure under Rule 6DD)

Select the Clause for which theLedger needs to be excluded

Specify the period for which the Ledger needsto be skipped for the selected Clause

Click on this Button to view the report forthe Ledgers which are skipped during Auditas allowed expenditure

Click on this Button to view the Range wiseCash Payments report. The range can beselected by the user as required

Click on this Button to view the BankSummary report. The Auditor can mark anyVoucher as Bearer Cheque to bring thesame in the Cash Payments Report.

Select the Required Ledger and press Enterto View the Ledger Vouchers Report.

Highlight the Payment entry and press Enter to Audit.OrSelect the Payment entry by pressing Spacebar andpress F9: Audit button

Select the required Audit Status, enter/alter the Amount thatneeds to be disallowed and Audit Remarks in the Audit Notefield.When Disallowed is selected as Audit Status for any Voucherit will be reported in the Annexure.When Disallowed is selected as the Audit Status the Amountto be disallowed can be specified by the Auditor.Audit Note as entered is only for Auditors reference and will

not be printed in the Annexure

Press Enter and Press Ctrl+Ato save the Audit details


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Printed Annexures to Form 3CD

Go to Gateway of Tally > Audit & Compliance > Tax Audit > Press Alt+P to print AnnexuresAnnexures for Bonus, PT, PF, ESI for Clause 16 and 21:

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Annexures to Clause 17(h), Clause 18 and Clause 24(a) & (b):

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Annexures to Clause 21 (TCS, Service Tax, VAT) & Annexure II (FBT)

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Annexures to Clause 27 (Tax Deducted at Source)



Form 3CD

Go to Gateway of Tally > Audit & Compliance > Form 3CD

Click on each clause to enter the required information

Click on this button to Print Form 3CD, Annexure I & II

Click on this button to change the period

Click on this button to copy filled Form 3CDfrom previous year or a different company

Click on this button see detailed view

The information for Clause 1-6 is picked from Company Master



Printed Form 3CD

Go to Gateway of Tally > Audit & Compliance > Form 3CD > Press Alt+P to print Form 3CD,Annexure I & Annexure IIForm 3CD Page 1 - 3:

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Printed Form 3CD

Form 3CD Page 4 - 6:

Contd



Printed Form 3CD

Form 3CD Annexure I & Annexure II:


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Thank You

Date post:	03-Jun-2018
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Tally ERP 9 - TAX AUDIT

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