What if audit report is submitted but not accepted before due date

will there any penalty if audit reports is submitted by the auditor before due date but not accepted by the assesse before due date
Replies (2)
Quick Summary
If an audit report is submitted by the auditor before the due date but not accepted by the assesse before the same deadline, there is generally no penalty. The consensus is that this situation doesn't automatically incur fines. It's advisable to confirm this with relevant authorities or other professionals for complete peace of mind.

Nope I guess.. have to check with others also
There is no such rule.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details