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Revision of tax audit report for clerical error

CA Jaswanth S (Practicing Chartered Accountant) (119 Points)

03 October 2022

Whether one can revise tax audit report for wrong upload of financial statements? If possible, what are the reporting requirements and consequences for such revision?

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (160327 Points)
Replied 04 October 2022

As per rule 6G (3), w.e.f. 1.4.2021 the tax audit report in Form No. 3CA, Form No. 3CB and Form No. 3CD may be optionally revised.

It can be revised after it is furnished under rule 6G. It finds support from the expression ―after furnishing of report under sub-rule (1) and (2)” used in the later part of the sub-rule (3). It can be revised by the person who is obliged to get his accounts audited in accordance with the provisions of section 44AB.

The same can be revised in the following way: (a) by getting revised report of audit from an accountant, duly signed and verified by such accountant, and (b) by furnishing the revised report; (c) the revised report is to be furnished before the end of the relevant assessment year for which the report pertains.

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Ayush (Executive ) (6232 Points)
Replied 16 October 2023

Tax audit reports (Form No. 3CA, Form No. 3CB, and Form No. 3CD) can be revised if there was a wrong upload of financial statements. The revision can be done by obtaining a revised audit report from an accountant, duly signed and verified, and furnishing it before the end of the relevant assessment year. This provision allows correction of errors after the initial report has been furnished, as per Rule 6G(3) effective from April 1, 2021.