It is informed by the Central Board of Direct Taxes (CBDT) that UDINs have not been updated at the e-filing portal for around 2.68 lakh IT forms uploaded by the Chartered Accountants on behalf of their assessees which would result in invalidation of such IT forms. The members are hereby advised to update the UDINs at the portal immediately.
It is also given to understand that owing to several reasons, generation of the UDINs for the documents signed during February 1, 2019 to January 31, 2021 could not be done by the members upto February 28, 2021.
Accordingly, in order to mitigate the likely hardships that would be faced by the tax payers due to non-compliance owing to such invalidation, the Condonation Scheme to regularize UDINs provided by the ICAI vide its announcement dated January 31, 2021 which ended on February 28, 2021 is now being extended upto March 31, 2021. Whereby, all the missed UDINs between the period February 1, 2019 to March 10, 2021 can now be generated upto March 31, 2021 and this is in continuation to the Condonation Scheme announced previously.
However, it may be noted that for all the documents signed from March 11, 2021 onwards, the original guidance for generation of UDIN, i.e. within 15 days of signing the documents will be applicable.
The Press Note can be accessed at: https://udin.icai.org/announcement/cbdt_2021-03-12