Printed from www.taxmann.com FORM NO. 6B [See rule 14A] Audit report under section 142(2A) of the Income-tax Act, 1961 * I/We have examined the balance sheet of _______________________________________________ [name and address of the assessee] Permanent Account No. ____________ as at ____________________ and the profit and loss account for the year ended on that date which are in agreement with the books of account maintained at the head office at ______________ and branches at _____________ . * I/We have obtained all the information and explanations which to the best of * my/our knowledge and belief were necessary for the purposes of the audit. In * my/our opinion, proper books of account have been kept by the head office and the branches of the assessee visited by * me/us so far as appears from * my/our examination of books, and proper returns adequate for the purposes of audit have been received from branches not visited by * me/us subject to the comments given below : In * my/our opinion and to the best of * my/our information and according to explanations given to * me/us, the said accounts give a true and fair view. (i) in the case of the balance sheet, of the state of the abovenamed assessee's affairs as at __________ and (ii) in the case of the profit and loss account, of the profit or loss of the abovenamed assessee for the accounting year ending on _________ The prescribed particulars and such other particulars as were required by the Assessing Officer _________ by his order No. _______ dated ___________ are annexed hereto. In * my/our opinion and to the best of * my/our information and according to explanations given to * me/us, these are true and correct. Place Date Signed Accountant ** Notes : 1.*Delete whichever is not applicable. 2.**This report has to be given by the accountant nominated by the Chief Commissioner or Commissioner of Income-tax under section 142(2A) 3. Where any of the matters stated in this report is answered in the negative or with a qualification, the report shall state the reasons therefor. ANNEXURE Statement of particulars 1. Books of account maintained 2. Method of accounting employed. Indicate whether there is any change from the method of accounting employed in the immediately preceding previous year 3. (i) Method of valuation of opening and closing stock of (a) Raw materials (b) Stores (c) Work-in-progress (d) Stock-in-trade (ii) State whether there is any change in the method of valuation of any of the aforesaid items as compared to the method employed in the immediately preceding previous year (iii) If the answer to (ii) above is in the affirmative, specify the amount by which the profit or loss for the year has been affected by such change 4. In respect of items manufactured full quantitative details of raw materials and finished products as indicated below: Raw materials (a) Opening stock Printed from www.taxmann.com (b) Purchases during the year (c) Consumption during the year (d) Sales during the year (e) Closing stock (f) Yield of finished products (g) Percentage of yield (h) Shortage Finished products (a) Opening stock (b) Purchases during the year (c) Quantity manufactured during the year (d) Sales during the year (e) Closing stock at the end of the year (f) Shortage and percentage thereof Notes : 1. Separate quantitative details on the above lines should be given in respect of by-products, if any. 2. Where the assessee is a dealer in goods, quantitative details on the above lines should be given in respect of the goods dealt in? 5. (i) Has the assessee conducted physical verification of raw materials, stores and finished products, or the goods dealt in? (ii) Details of discrepancies, if any 6. (a) Amount of expenditure incurred by the assessee in respect of : (i) Advertisement (ii) Maintenance of accommodation in the nature of guest house (iii) Travelling (iv) Entertainment [including the amount of entertainment allowance paid to any employee or other person] (b) Whether the expenditure incurred by the assessee in respect of any of the items referred to in (a) above exceeds the amount admissible under the Income-tax Act/Rules? If so, give details. 7. Where the assessee is a firm, details of payments by way of interest, salary, bonus, commission or remuneration to the partners of the firm 8. Where the assessee is a company, give details of- (i) Any expenditure which has resulted directly or indirectly in the provision of any remuneration, benefit or amenity to (a) a director ; (b) a person who has a substantial interest in the company ; and (c) a relative of the director or of such
