Can Financial Statements be revised
This query is : Resolved
Quick Summary
VIPIN GUPTA
(Querist)
14 March 2022
Dear sir,
We have audited the books of accounts of one party at last hours for the Ay 2021-22. Now there is some error in the financial statements can we revise the audited financial statements. The status of the assessee is proprietorship firm. ITR of the assessee is not filed.
We have audited the books of accounts of one party at last hours for the Ay 2021-22. Now there is some error in the financial statements can we revise the audited financial statements. The status of the assessee is proprietorship firm. ITR of the assessee is not filed.
CA R SEETHARAMAN
(Expert)
14 March 2022
Yes, you can revise the audited financial statements.
Send revised statement to whom original statement already sent.
Send revised statement to whom original statement already sent.
CA Puja Sharma
(Expert)
14 March 2022
Yes, you can revise the Audited Financial Statements.
You can revise the tax audit report after giving the reason for revision.
You can revise the tax audit report after giving the reason for revision.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- EPF ECR NEW FILE SEP 17TH 2026
- GST on Renting godown to KFCSC for Storage of Raagi
- Non filing of I T Returns
- Capitalgain tax purposes for valuation report compulsory
- Under marginal scheme
- TAX AUDIT ON PROFESSIONAL INCOME
- TDS on Fixed Assets purchased
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- Oct 2025 Invoices
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
