Revision of tax audit report issued u/s 44ad

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Querist : Anonymous

Querist : Anonymous (Querist)

11 March 2014 I want to know the Criteria for Revision of tax audit report issued U/s 44AD.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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11 March 2014 you can revise the return only under specific conditions which are :

(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.

- See more at: https://www.taxvani.com/2013/09/can-tax-audit-report-be-revised.html#sthash.e0lkfttP.dpuf

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