Sec 44 clase for tax audit person

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Kollipara sundaraiah asked 2 years ago

Tax audit it returns filed person business expenses on gst collection expenses claim only or gst  registered or non gst registered payment expenses claim allowed.

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Manish answered 2 years ago

We know that the reporting under clause 30C and clause 44 of the Tax Audit Report was kept in abeyance till 31st March, 2021 vide circular no. 10/2020 dated 24.04.2020. 

Hence for F.Y 2021-22 reporting of the above-mentioned clauses is mandatory now from 01.04.2022

Clause 44 requires reporting of the following details irrespective whether the assessee is registered or not under GST:-
 
 Total amount of expenditure incurred during the year (including capital & revenue nature exp)

  1. Expenditure in respect of entities registered under the GST (with further break-up between (a) Exempted goods/services from GST (b) Entities falling under composition scheme (c) Relating to the other registered entities (d) Total Payment to Registered entities(a+b+c)
  2. Expenditure relating to entities not registered under GST

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