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Question ID : 40515

136281

There are no of small client (business as well as salaried class assessee) who need attested computation of income and balance sheet for bank loan purposes. Business class person do not maintained any records and mostly returns are filed under section 44AD/44ADA Can we a practicing CA, Sign the said computation and financial as "Certified True Copy of Original" and weather UDIN is necessary. If yes, what is the scope of our responsibility. (kindly advise in light of recent guidelines issued by ICAI with respect to UDIN for certified true copy)

Posted by chetan jadhav on Dec 25, 2019

Filed Under MISC.

Answer ID : 80329

For the certification of ITR, Members are not authorized to certify ITR as a true copy. However, they can make an opinion/ certificate/ report about ITR based on its source, location and authenticity of data from which ITR is being prepared and UDIN is required while doing so. Please refer to FAQs on UDIN

Posted by SAMEER PRAKASH on Jan 06, 2020