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Querist : Anonymous

Querist : Anonymous (Querist)

10 September 2013 WHETHER UPLOADED 3CB-3CD ARE REVISED OR NOT ?
PLEASE SUGGEST ME.

Ganeshbabu K

Ganeshbabu K (Expert)
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14 September 2013 In case of revision, the audit report should be given in the manner suggested by the Institute in SA-560 (Revised) “Subsequent Events”.

It may be pointed out that report under section 44AB should not normally be revised. However, sometimes a member may be required to revise his tax audit report on grounds such as:

(i) revision of accounts of a company after its adoption in annual general meeting.

(ii) change of law e.g., retrospective amendment.

(iii) change in interpretation, e.g. CBDT’s circular, judgments, etc.

(iv) Any other reason like system/software error requiring change in report already
uploaded.

In case, where a member is called upon to report on the revised accounts, then he must mention in the revised report that the said report is a revised report and a reference should be made to the earlier report also.

In the revised report, reasons for revising the report should also
be mentioned.

The e-filing portal allows uploading such Revised Audit Report by the CA for the same PAN and Assessment year.

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