ABS Partnership Firm

How can we say that the Balance sheet is unaudited even though there is the presence of UDIN no in the balance sheet?
Is an Independent auditor report mandatory in the case of a partnership firm? Further note tax audits are not applicable in the account as Sales less than 10 cr.
What are the reasons why there is a change in filling of ABS with another statement like tax audit or independent auditor report
Replies (1)

The presence of a Unique Document Identification Number (UDIN) on a balance sheet does not necessarily mean that it has been audited. UDIN is a unique number generated by the Institute of Chartered Accountants of India (ICAI) to authenticate the documents certified by practicing chartered accountants

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