To print the Annexure for Payments to Specified Persons under section 40A(2)(b), follow the steps given below:
Go to Gateway of Tally > Audit & Compliance > 44AB Audit
Select Payments to Specified Persons and press Enter
Click on P: Print or press ALT+P
The Printing Payments to Specified Persons screen appears as shown:
Set Print as Annexure to Yes
Press Enter to Print the Annexure.
The printed Annexure for Payments to Specified Persons u/s 40A(2)(b) is as shown:
Name – Displays the Ledger Name which is marked as Related Party.
Nature of Payments – Displays the nature of Payment as identified and entered by the by the Auditor during the Audit process.
Amount – Displays the Payments made to the Specified Persons which are identified as Related Parties.
Remarks – Remarks to be entered manually.