One has to be extra careful while filing audited returns as we have come across the instances where the audited returns are getting filed even without the approval of Audit report by the assessee. You may in hurry file your return but fail to approve the audit report as the e filing system as on date does not has any check in this respect. Non approval of audit report by the asssessee may lead to legal complications.
As per the prescribed procedure first the assessee has to add CA through its log in then CA has to upload the Tax Audit Report from CA login digitally signing the same. Assessee again before filing the Income tax Return through its log in needs to approve the Tax audit report signing the same digitally. The system must check in case of audited returns that the audit report is approved by the assessee before furnishing the return.
I feel filling of inome-tax return and filling of audit report are independent of each other. Rules does not provide that income tax return should follow audit report or vice versa. One can submit income tax return and later on approve audit report uploaded by CA or first approve the Audit Report and latern on submit the return.
ReplyDeleteYou can seek the help of a professional or do it yourself by using the official website of the Income-Tax department or a host of private websites. New Jersey Accountant
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