CA, CS, CMA - Aadhaar: FAQs on Offline verification process of Aadhaar and role of Offline verification seeking entities (OVSEs) Q.1 What is offline verification Ans. Offline verification is the use of Aadhaar for identity verification and KYC locally, without sending data to and receiving response from UIDAI online. In offline verification resident...
Read MoreCA, CS, CMA - What is UDIN? In order to prevent businesses/ clients from the fraudulent acts of non-CAs, practicing and certifying as CAs, the Institute of Chartered Accountants of India (ICAI) has come up with the concept of UDIN. Primarily, UDIN secures certificates, reports, documents, etc. certified by the practicing CAs. Additionally, it enables r...
Read MoreCA, CS, CMA - As per the ICSI UDIN Guidelines, 2019, UDIN shall be generated for the following services rendered by a PCS- 1. Certification of Annual Return in Form MGT-8 under Section 92(2) of the Companies Act, 2013 and Rule 11(2) of the Companies (Management and Administration) Rules, 2014. 2. Issuance of Secretarial Audit Report in terms of [&helli...
Read MoreCA, CS, CMA - Analysis of last dates of filling in lieu of extensions granted by I-Tax authorities & UDIN uploading by ICAI without any extension by MCA. 1. CBDT in lieu of non-proper working of I-Tax portal granted extension in filling of Income Tax Returns vide circular no 17/2021 dated 9th Sept 2021. Please note this is the […]...
Read MoreCA, CS, CMA - Significance of SQC 1 – Quality Control for Firms that Perform Audits & Reviews of Historical Financial Information and Other Assurance & Related Services Engagements This topic is most important for Chartered Accountants firm having practice in areas of Audit, Review, Assurance services. Will it be Tax Audit, Statutory Audi...
Read MoreCA, CS, CMA - The timeline to update UDIN is extended till 30th Sep 2022 to give more time to CAs to correctly verify and upload UDINs....
Read MoreCA, CS, CMA - Members are also hereby advised to kindly update all the pending UDINs at the e-filing portal immediately. Please note that the last date for updating UDINs at the e-filing portal is 31st May 2022....
Read MoreCA, CS, CMA - UDIN Resolutions: Please retry today to update UDIN in income tax portal. If problem still error persist, then, 1) Please retry to update UDIN now again. 2) Complain to UDIN Directorate, ICAI: If problem persists, you should also raise a complain on UDIN portal : https://udin.icai.org/complaints . Email id: [email protected], ICAI UDIN Help de...
Read MoreCA, CS, CMA - The timeline to update UDIN is extended till 31st May 2022 to give more time to CAs to correctly verify and upload UDINs. Presently, various instances of invalidation of UDINs at the e-filing portal of Income Tax Dept. are being reported. The members are advised to try again to update those UDINs which have been invalidated earlier at ...
Read MoreCA, CS, CMA - There are some concerns regarding Problem faced by the Members in relation to the UDIN Updation at the Income Tax Portal, I would like to Draw your Attention on different type of issues faced by the Members and possible solutions, so that suitable action may be taken to resolve their concerns....
Read MoreChartered Accountants Association, Surat Vs. Union Of India (Gujarat High Court) - Chartered Accountants Association, Surat Vs. Union Of India (Gujarat High Court) HC refuses to Extend Due date of Filing The Tax Audit Report Mr. Poddar, the learned counsel made a request that the deadline of 15.01.2022 for the purpose of filing the audit report may be extended to 15.02.2022. We ...
Read MoreRelease ID: 1676103 - (26/11/2020) - The Institute of Chartered Accountants of India, in its gazette notification dated 2nd August, 2019, had made generation of UDIN from ICAI website www.icai.org mandatory for every kind of certificate/tax audit report and other attests made by their members as required by various regulators. This was...
Read MoreNotification No.1-CA(7)/192/2019 - (02/08/2019) - A member of the Institute in practice shall generate Unique Document Identification Number (UDIN) for all kinds of the certification, GST and Tax Audit Reports and other Audit, Assurance and Attestation functions undertaken/signed by him which made mandatory from the following dates through announce...
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