• Registered Users :
  • 163426
  • Current Active Users :
  • 103718

Your Answer

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

Answer ID : 85260

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