UDIN Can be generated within 30 days of signing of Audit Report: ICAI

UDIN Can be generated within 30 days of signing of Audit Report: ICAI

UDIN by CAs can be generated within 30 days of signing of Audit Report as against 15 days as decided by Council.

Recently ICAI had issued UDIN notification prescribing timeline for all certificates, GST/Tax Audit Reports & Attestation functions.

As per the said Notification, w.e.f. 1st July, 2019 UDIN is compulsory for all other Audit, Assurance and Attestation functions.

As per existing requirements, UDIN is to be generated at the time of signing the Certificate/Audit reports. However, the same can be generated within 15 days of the signing of the same (i.e within 15 days from the date mentioned at Certificates and not beyond that).

NOW UDIN can be now generated within 30 days 

However, as per information circulated at social media by CIRC officials, ICAI Council has decided to allow the generation of UDIN within 30 days of the signing of audit report.

However, it is stated that the extended time of 30 days is allowed till 31st December 2019 only and thereafter the time limit shall be only 15 days as before.

This information is not yet updated on ICAI Website. Official announcement by ICAI is still awaited. This information is published on the basis of information circulated on social Media(Whats App, Facebook Etc.)

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