ICAI UDIN One-time Condonation Scheme from 1st January, 2021 to 31st January 2021. Delays in generation of UDINs during 1st February 2019 till 31st December 2020 condoned
Considering various representations, ICAI has granted One-time Condonation Scheme to regularize UDINs.
As a One-time condonation scheme, to regularize the non-generation of UDIN, now CAs will be allowed to generate the earlier missed UDINs for the documents signed between 1st February 2019 to 31st December, 2020. The scheme will be made available from 1st January, 2021 till 31st January, 2021.
Consequently, all delays in generation of UDINs for UDINs generated during 1st February 2019 till 31st December 2020 as a one-time measure stands condoned.
UDIN was introduced by the ICAI as mandatory Council Guidelines in phased manner from 1st Feb., 2019 onwards for Certificates, GST/Tax Audit & all other Attest, Assurance and Audit functions.
The UDIN Portal of ICAI facilitates the Regulators / Stakeholders to check the authenticity of the report/certificates / documents certified by chartered accountants on real-time basis.
CBDT has also made mandatory validation of UDIN in all their Income Tax Forms and Reports which are issued by the Chartered Accountants.
NSDL latest e-TDS TCS RPU Version 5.8 from FY 2007-08 NSDL has revised the e-TDS TCS RPU utility for preparing…
Assessee duty bound to deduct TDS u/s 194I and 194J of the Act on the provisions for rent and professional…
Notification issued acquires the force of law only upon its publication in the Official Gazette – Supreme Court In a…
Case remitted to verify claim of RTO liaisoner that the cash deposited in his account was of vehicle owners and…
The Jammu & Kashmir Bank Ltd. invites on-line applications for empanelment as Stock Auditors for 3 Financial Years i.e. from…
Broken period interest paid on purchase of securities was revenue expenditure since the securities constituted stock-in-trade In a recent judgment,…