Tax Audit Report

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Kavita Advankar (Querist)
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05 December 2008 We filed income tax return of 28.11.2008 of an individual for whom 44AB audit is applicable. Subsequently it was found that one purchase bill is not accounted for. Therefore we have to file revised return. Now what about the tax audit report

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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05 December 2008 According to me, tax audit report can be revised. But the revised report should necessarily contain the reasons leading to the revision along with the financial impacts on the financial statements due to the revision of the report.

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