The Central Board of Direct Taxes “CBDT” vide press release dated 26.11.2020 mandated the validation of the Unique Document Identification Number (UDIN) generated from ICAI portal w.e.f. 1st February, 2019 in all the Income Tax Form and Audit Reports uploaded at the e-filing portal in an effort to weed out fake/incorrect Tax Audit Reports.
However, as a one-time condonation scheme, to regularize the non-generation of UDIN and in order to mitigate the likely hardships that would be faced by the tax payers due to non-compliance owing to such invalidation, it was intended that Members will be allowed to generate the earlier missed UDINs for the documents signed between 1st February 2019 to 10th March, 2021*
In continuation to the Condonation Scheme, CBDT has extended the last date for updating Unique Document Identification Number (UDIN) for all the IT forms at the e-filing portal by 2 months from the earlier extended date i.e., 30th November, 2021 to 31st January, 2022.
*For all the documents signed from 11th March, 2021 onwards, the original guidance for generation of UDIN, i.e., within 15 days of signing the documents is applicable. However, in order to align the time limit of generation of UDIN with the Standards on Auditing and Standards on Quality Control, the council at its 405th meeting dated 17.09.2021 has extended the time limit to 60 days from the date of signing of the documents.
