UDIN APPLICABLE & NOT APPLICABLE LIST AS PER PDC-ICAI

APPLICABLE LIST:

(i) Certificates issued on the basis of Financial books of accounts and annual financial statements-Capital Contribution Certificate/net worth certificate

(ii) Certificates issued on the basis of Financial books of accounts and annual financial statements – Turnover Certificate

(iii) Certificates issued on the basis of Financial books of accounts and annual financial statements -Working Capital Certificate/Net Working Capital Certificate

(iv) Certificates issued on the basis of Statutory records being maintained under Indian Companies Act, 2013 and applicable provisions

(v) Certification of Fair Values of Shares of Company for the scope of merger / de-merger, Buy Back, Allotment of further shares and transfer of shares from resident to non-resident.

(vi) Certificates for Foreign Remittance outside India in form 15CB.

(vii) Net worth Certificates for Bank finances

(viii) Net worth Certificates for Bank Guarantee

(ix) Net worth Certificates for Student Study Loan

(x) Net worth Certificates for Issuance of Visa by Foreign Embassy

(xi)Certificate in respect of Liquid Asset under Section 45-IB of RBI Act, 1945

(xii) Certification of arms length price u/s 92 of the income Tax Act, 1961.

(xiii) Certificates for  funds/ Grants utilisation  for NGO’s

(xiv) Certificates for  funds/ Grants utilisation  for Statutory Authority

(xv) Certificates for  funds/ Grants utilisation  Under FERA/FEMA/other Laws

(xvi) Certificates for  funds/ Grants utilisation  Charitable trust/institution

(xvii) Certification under the Income-Tax laws for various Deductions, etc.

(xviii) Certification for claim of refund under GST Act and other Indirect Taxes.

(xix) Certification under Exchange Control legislation for imports, remittances, ECB,DGFT,EOU, etc

(xx) Certificates in relation to initial Public Issue/compliances under ICDR and LODR.

(xxi) Certificate issued by Statutory Auditors of Banks

(xxii) Certificate issued by Statutory Auditors of Insurance Companies

(xxiii) Additional Certification  by Concurrent Auditors of Banks not forming part  of the concurrent audit assignment

(xxiv) Certificate of Short Sale of securities issued by Concurrent Auditors of Treasury Department of Banks

(xxv) Certificate of physical verification of securities issued by Concurrent Auditors of Treasury Department of Banks

(xxiv) Certificate issued for KYC purpose to banks confirming sole proprietorship

(xxv) Certificate Regarding  Sources of Income

(xxvi) Certificates for Claiming Deductions and Exemptions under various Rules and Regulations

(xxvii) Certificates issued under LLP Act

(xxviii) RBI Statutory Auditor Certificate for NBFCa

(xxix) Certificate issued under RERA

(xxx) Others

Certificates includes Reports issued in lieu of a Certificate in terms of Guidance Note on Reports or Certificates for Special Purposes (Revised 2016)

NOT APPLICABLE LIST

1. Auditor’s Opinion/Reports issued by the Practicing Chartered Accountant under any Statute w.r.t. any entity or any person (e.g.: Tax Audit, Transfer Price Audit, VAT Audit, GST Audit, Company Audit, Trust Audit, Society Audit, etc.,

2. Valuation Reports

3. Quarterly Review Reports,

4. Limited Review Report

5. Information System Audit,

6. Forensic Audit,

7. Revenue / Credit / Stock Audit,

8. Borrower Monitoring Assignments,

9. Concurrent / Internal Audit and the like,

10. Any report of what so ever nature issued including Transfer Price Study Report, Viability Study Report, Diligence Report, Due Diligence Report, Management Report, etc.

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Qualification: CA in Practice
Company: Ruwatia & Ruwatia
Location: Didwana, Rajasthan, IN
Member Since: 26 Jan 2019 | Total Posts: 3

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25 Comments

  1. Riddhi says:

    Is the UDIN is mandatory in audit report of the trust registered under the bombay public trust act and
    society registered under co-operative act?

  2. Riddhi says:

    Is the UDIN is mandatory in audit report of the trust registered under the bombay public trust act and society registered under co-operative act?

  3. Shivam says:

    Please tell me UDIN generate for Provisional balance sheet or not?/ for ex. Books ready up to 28/02/2019 and we prepared balance sheet up to 28/02/2019 so udin generate for this balance sheet or not because bank told me Sir balance sheet sign kr kr do.

    1. camukeshruwatia@gmail.com says:

      In my opinion we should not be signed any project report and estimated financial statement and as per list of documents which falls in UDIN, there is no such title for issued UDIN.

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