If the assessee has not filed the income tax return & tax audit report for the last year (Turnover more than 2 cr in last year). For this year tax audit applies then how to report preceding previous year figures in a 3CD report ?? The auditor is required to give a comment on opening balance verification because he cannot verify opening balances ??
plz reply
thnx in advance.
Generally, the audit of the earlier year also required to be carried out for any authentic statement.
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