11 October 2013
1. Imp provision is as ajay said whether accounts are adopted in agm. According to new provisions Statutory report is to be filed electronically by company auditor and tax auditor has to mention name of stat auditor and date of audit report in Form 3ca. 2. If statutory report is already filed then it is just a mistake apparent on record. As an auditor you should take proper care. Till date no provision for filing revised audit report is present in income tax. You should file a written submission accepting mistake. So special penal provisions are there under IT Act. But attracts Professional Negligence under CA Act.