Regarding tax audit report

due to last minute if someone has committed a mistake in the audit report like amount mentioned in the turnover is more and tin no has been mentioned wrong in it. Whether he can revise his tax audit report ..what are the consequences of revising the report.

Replies (1)

TAR should not be normally revised . However, it can be revised if need be. Care should be taken while revising it and SA 560-Subsequet events - should be followed. 

Moreover, the auditor should also give reason as to need to revise the report in the report itself and be prepared to to give answers regarding any change made in the report.

It will affect the tax implications, etc of the client in the same way as TAR does. And there would be more detailed scrutiny of accounts and audit report.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details