Can tax audit report be revised after due date is over? if yes, whether the penalty will be applicable?
Replies (6)
Quick Summary
This discussion explores whether a tax audit report can be revised after its due date. While a revised return can be filed up to March 31st, the audit report itself, specifically under Section 44 AB, generally cannot be revised once the due date has passed. It's advisable to consult your tax auditor for specific guidance on this matter, as well as refer to ICAI's guidance notes.
No CA will like to revise accounts and Audit report. it is not impossible but very difficult. Upto 31st March, revised return can be filed and so audit report accordingly. More info you may get from your tax auditor.