This discussion clarifies the requirement for UDIN generation for private limited companies. Experts confirm that a separate UDIN is generally needed for audits conducted under the Companies Act, in addition to the one generated for tax audits. It also addresses a scenario where a UDIN was missed for an AGM and advises that it can only be generated for periods from January 2022 onwards, with no recourse for earlier periods.
20 March 2022
A private limited company having turnover above one crore and subjected to tax audit . Udin generated for tax audit. Should we generate another udin for audit under Companies Act. Can the experts kindly explain please....
24 March 2022
Sir, the AGM was held in December but udin was not generated. Now udin can be generated Only for the period from January 2022 onwards. Kindly give your suggestion to overcome this please