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UDIN

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This query is : Resolved

Arvind Pusalkar (Querist)
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03 October 2019 As our Accounts were Audited and finalised We were to file our ITR and Tax Audit Report on 28/09/2019 and Our CA will be generating UDIN for the same but
on 27/09/2019 we came to know the extension of Date to 31st of Oct 2019 and our Managing Director (A Construction Pvt. Ltd. Co) recalculated the stock and asked our CA to change the Closing Stock/WIP figures and Net Profit. (Genuine One)
But our CA refused and told us that he has already generated UDIN and can not change the figures and will file as per earlier audited accounts.

Queries

1) Is he correct or is there any solution for our right to change the figure which are genuine in nature.

2) Can an assessee lost his right of revised ITR after UDIN made mandatory by ICAI ?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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03 October 2019 1 You have the right to change the figure CA can take another UDIN with revised figure after revocation of old UDIN.
2 Not lost advise your CA to take some guidance from experts.

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