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<h1>Tax audit statement under section 44AB requires comprehensive disclosures of accounting, ICDS adjustments, loans and transfer pricing.</h1> Form No. 3CD under section 44AB requires comprehensive tax-audit disclosures including taxpayer identifiers and registrations; books of account and accounting method; ICDS adjustments and stock valuation; depreciation schedules and adjustments to written down values; itemised disallowances and inadmissible expenditures; details of loans, deposits and specified receipts/payments with payment modes; primary transfer-pricing adjustments, interest limitation disclosures and impermissible avoidance arrangements; and reporting of TDS/TCS, GST treatment, audits under other statutes, and brought forward losses.
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