Revision of Tax Audit REport

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Friends

Can a tax audit report once submited together with the IT return u/s 139 of ITAct be revised w/o filing a revised return?

What will b the relevant applicable provisions n procedure for the same?

REgards
_________________
Deepak Gadgil
FCA DISA
Solapur
09422068273
Replies (6)
IN MY OPINION THERE IS NO PROVISIONFOR REVISING INCOME TAXAUDIT REPORT AS THERE IS NO PROVSION FOR REVISING MAOCAR / CARO AUDIT REPORT.

MANOJ GUPTA
Hi

in my opinion there is no provision for revisiion of tax audit report. but however, the items skipped in the audit report may be taken care of in the next year under the head pripr period items.

with regards
aarti shah


Hi Professional Friend


A TAX AUDIT REPORT U/S 44AB CANNOT BE REVISED WHETHER BALANCE SHEET CAN BE REVISED FILLED BY INCOME TAX DEPARTMENT BUT TAX AUDIT REPORT ATTACHED WITH THE BALANCE SHEET CANNOT BE REVISED.



Generally, there is no provision to revise the tax audit report. However , if the assessee change their financial statement , a fresh tax audit report on TECHNICAL REASONS mentioning the reason for changes and ealier tax audit report,. For example

Revision of accounts of company after its adoption in the annual general meeting.
Changes in law (eg) retrospective amendment
Change in interpretation (eg) CBDT circular, judgment etc
DEAR PROFESSIONAL FRIEND


THEY ARE SAYING ABOUT TAX AUDIT REPORT  ATTACHED WITH BALANCE SHEET AND FILED WITH INCOME TAX DEPARTMENT. FOR YOUR KIND INFORMATION ONCE BALANCE SHEET WITH TAX AUDIT REPORT FILED WITH INCOME TAX DEPARTMENT FURTHER BALANCE SHEET CAN BE REVISED BUT TAX AUDIT REPORT U/S 44AB ATTACHED WITH THEM CAN NOT BE REVISED.


IN ANY CASE LIKE BEFORE ANNUAL GENERAL MEETING TAX AUDIT REPORT CAN BE REVISED IT IS MATTER OF OWN.

IN ANY CASE U CAN CONTACT ME
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