Tax Audit Checklist (Revised)

CHECK LIST FOR TAX AUDIT

I GENERAL

1. Tally Backup data for FY.2012-13 and entries upto as on date 
2. Last year Tax Audit report with comments 
3. NOC of last year C.A.
4. Cancelled Cheque : A/C No., IFSC Code
5. Login ID & Password on IT Return  e-Filing website
6. Balance Sheet , P&L and  all schedules of  Entity / Co.
7. Pan Card xerox copy of Entity / Co.
8. Authorised Partner / Director Pan No.
9. Apply for  DSC of  authorised partner / director if it expired withy 1 photo ,1 self attested identity proof, 1 self attested address proof 

II       BALANCE SHEET

1. Ledger of Reserves & Surplus in detail 
2. Ledger of unsecured loan in opening +  Receipt  - Payments = Closing format with Pan No. U/s 269SS & 269T
3. Certificate U/s 269SS & 269T For no loan taken / paid in cash
4. Sundry creditors break up :  More Than 1 Year & Other
5. Ledger of provisions in detail with xeros copy of Vat, CST, ServiceTax , ESIC, PF, TDS Paid Challan After 31/03/2013.
6. Depreciation Schedule inprescribed format as per Income Tax Act 1961 with purchase date if addition and sale date if deletion 
7. Sundry Debtors break up : More than 6 months & others 
8. STOCK STATEMENT IN DETAIL BREAKUP OF RAW MATERIAL, WORK IN PROGRESS & FINISHED GOODS
9. QUANTITATIVE DETAILS OF ABOVE STOCK STATEMENT IN RW, WIP & FG I PROFIT & LOSS
10. EMPLOYEES PAYMENT TO BONUS OR COMMISSION MONTHWISE STATEMENT U/S36(1 )(ii)
11. EMPLOYEES CONTRIBUTION TO EPF & ESIC MONTHEWISE STATEMENT U/S 36(1 )(va)
12. CAPITAL EXPENDITURE & PERSONAL EXPENDITURE (i.e. DONATION) ARE   DISALLOWED U/S 37 IF ANY
13. EXPENDITURE DISALLOWED U/S 40a IF ANY(i.e. INCOME TAX, WEALTH TAX)
14. EXPENDITURE DISALLOWED U/S 40b IF ANY (i.e. P. CAPITAL INTEREST, P. SALARY)
15. PAYMENT TO RELATIVES U/S 40A(2)(b)
16. CASH PAYMENT EXCEEDING RS. 20,000/- U/S 40A(3)
17. CERTIFICATE U/S 40A (3) FOR NO CASH PAYMENT EXCEEDING RS. 20,000/- l OTHERS
18. ADVANCE TAX CHALLAN
19. TDS CERTIFICATES SAME AS 26AS STATEMENT
20. TDS AMOUNT IN BALANCE SHEET SAME AS 26AS STATEMENT
21. SELF ASSESSMENT TAX CHALLAN
22. FOR CAPITAL GAIN : SALE & PURCHASE DATE FOR COST OF ACQUISITION IF ANY
23. PROOF FOR DEDUCTION U/C VI A (i.e. 80C, 80D etc.)
24. 80 G DEDUCTION RECEIPT WITH PAN NO
25. APPLICABILITY OF COST AUDIT & EXCISE AUDIT IF ANY