3 cb & 3cd uploaded but not approve

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Querist : Anonymous

Querist : Anonymous (Querist)

08 May 2015 I had already uploaded 3CB & 3CD within 30 Nov 2014 but not approved till date.
1. what will be the consequences?
2. what will be our next step, whether approve now or not?

Nikhil Kaushik

Nikhil Kaushik (Expert)
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09 May 2015 not approved by whom? the client? if that is the case, unless the client approves, the audit report wont be considered as submitted

Querist : Anonymous

Querist : Anonymous (Querist)

09 May 2015 yes. Its not apwproved by client. If i approve now , whether there will be any problem in assessment ? Whether will have to charge penalty & etc.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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09 May 2015 well the penalties if any will be on the assessee. so let him bother

Querist : Anonymous

Querist : Anonymous (Querist)

09 May 2015 Okk thnx..bt wethr i wil ask d assesse to approve it now?

Nikhil Kaushik

Nikhil Kaushik (Expert)
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09 May 2015 whether the charge penalty or not - not something you or I can decide. But yes, AO have the powers. In any case you should get the client to approve at the earliest. delay is not going to help him in any manner.

Querist : Anonymous

Querist : Anonymous (Querist)

10 May 2015 Thnx for your suggestion.

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