Consequences if the CA uploads audit report without UDIN or fails to update the UDIN within 15 calendar days

 

Question arises as to what will happen to the form if the CA uploads without UDIN or fails to update the UDIN within 15 calendar days, but the form uploaded has been accepted by the taxpayer?

 

The form uploaded will be treated as invalid with all due consequences of law attracted.

 

 

Consequences as per ICAI –

 

As per the Council Decision of ICAI, UDIN generation is compulsory.

 

Hence, not generating UDIN for mandatory certificates or documents may amount to non-adherence of the ICAI Council Decision.

 

Further for the non-adherence of the council decision may attract disciplinary actions as per the Second Schedule Part II of The Chartered Accountants Act, 1949.