Introduction
Mandates Disclosure of Auditor’s Opinion is now a crucial step for Chartered Accountants generating a Unique Document Identification Number (UDIN) for GST & tax audits. Recent ICAI and CBDT directives aim to improve audit transparency and curb misuse of financial statements.
What’s New in UDIN Compliance?
✅ Mandatory Opinion Disclosure
- While generating UDIN for Form 3CA-3CD, Form 3CB-3CD, or GST audits, the CA must now specify whether the audit report is qualified, unqualified, adverse, or has an emphasis of matter.
✅ Official Source:
- Refer ICAI’s UDIN FAQ & CBDT Circular No. 6/2024 dated 25th March 2024 for detailed instructions.
Why Has This Change Been Made?
🔹 Prevents fraudulent certifications
🔹 Encourages transparency in audit reporting
🔹 Aligns with global auditing standards
🔹 Helps tax authorities verify audit integrity easily
Which Forms Are Covered?
| Form Name | Applicability |
|---|---|
| Form 3CA-3CD | Audit for business with other audit under any other law |
| Form 3CB-3CD | Audit for business/profession not covered under other law |
| GST Audit | Annual turnover exceeding prescribed limit |
How to Disclose Auditor’s Opinion in UDIN Portal
1️⃣ Log in to UDIN Portal
2️⃣ Select the relevant audit form
3️⃣ Enter report details, date, and client PAN
4️⃣ Select Auditor’s Opinion:
- Qualified
- Unqualified
- Adverse
- Emphasis of Matter
5️⃣ Generate UDIN and share with client
Practical Tip for CAs
Always maintain proper working papers supporting your audit opinion. A mismatch between filed returns and disclosed opinion may attract scrutiny.
Legal References
- ICAI Announcement dated 19th March 2024
- CBDT Circular No. 6/2024
- Income-tax Act, 1961 – Section 44AB
For official updates, visit icai.org & incometaxindia.gov.in
FAQs: Mandates Disclosure of Auditor’s Opinion
Q1. Is it mandatory for all audits?
Yes, for tax audits under Section 44AB and GST audits wherever UDIN is mandatory.
Q2. What if wrong opinion is disclosed?
This may lead to professional misconduct. CAs should rectify through proper procedures.
Q3. Is there any penalty for non-compliance?
ICAI may take disciplinary action; tax authorities may reject defective reports.
Key Takeaway
Mandates Disclosure of Auditor’s Opinion is now non-negotiable. Stay compliant to avoid notices and maintain professional standards.
👉 Need help with tax audit filing or UDIN generation? Contact Efiletax — your trusted tax compliance partner.
Quick Snippet
Mandates Disclosure of Auditor’s Opinion is compulsory for generating UDIN for GST & tax audits. ICAI & CBDT enforce this for better transparency and fraud prevention.