LatestAccounting And Audit 28 September 2026
5 Tax Audit Mistakes to Dodge Before Sep 30 Deadline
The September 30 tax audit deadline in India forces firms to avoid five frequent errors that can invite penalties. Key pitfalls are misstating GST turnover, incorrect TDS deductions, failing AIS reconciliation, and claiming non‑eligible business expenses, each risking tax authority scrutiny.
Tax audit deadline is Sep 30. Avoid common pitfalls that can trigger penalties.
- GST turnover: mis‑reporting sales can raise red flags.
- TDS: incorrect deduction or filing dates cause fines.
- AIS: failing to reconcile statements leads to mismatches.
- Business expenses: claiming ineligible costs attracts scrutiny.
Ensure records are accurate and submit on time. Read full article
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