Question ID :
44582
Audit u/s 44AB
Hi, As the due date of audit is over and UDIN can't be generated prior to the due date now. What's will be the consequence of filing it now with Audit date is after the due date.
Posted by
SURAJ KUMAR CHOUDHARY
on
Dec 22, 2023
Filed Under
AUDIT
Penalty under section 271B will be applicable for late filing of audit report.
Posted by
CA. chunauti dholakia on
Dec 23, 2023
Answer ID :
85265
UDIN is nothing to do with Filing of Audit Report and Penalty. Comng to the point,
Complete the Audit now and file the Report and generate UDIN. Though Unit is liable to pay penalty U/s 271B, you can defend the case by providing necessary evidence and producing information for cause of delay.
Posted by
Rupakula Rajasekhar on
Jan 08, 2024