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SANDEEP YADAVSANDEEP YADAV asked 1 year ago

Under council guidelines in case of Tax Audit assignment under Section 44AB of Income Tax Act,1961
In case of firm one partner can collectively sign all tax audit reports. For example in one firm there are 5 partners (i.e. A, B, C, D and E), while uploading tax audit reports, 50 reports were uploaded in the name of A, 20 report in the name of B, 45 in the name of C, 55 in the name of D and 30 in the name of E. In total 200 tax audit reports were uploaded. After completing all Tax audits when partners downloaded Form-3CACB and 3CACD from Income Tax Portal, partner A signed all the Tax Audt Reports.
My question is, in 150 Tax audit reports name of partners other partner A is mention, then, Whether partner A sign in his name or he will sign in the name of other partners (like Partner A made sign of Partner B and others)?  

1 Answers
RaviRavi Staff answered 1 year ago

this doesn’t happen in practice
partner who uploads audit report, he only signs
clarification is to say that 1 partner can use all limit of firm coming from other partners
dont overthink and complicate the situation 

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