LatestCorporate Compliance 29 September 2026
Bodies Demand Oct 31 Tax Audit
Professional bodies representing accountants and tax consultants are urging the tax authority to move the filing deadline for the AY 2026-27 tax audit report from the current end‑August date to 31 October 2026. They argue the extension will align better with corporate filing cycles, reduce last‑minute pressures, and improve compliance accuracy for businesses and professionals alike.
The government’s current compliance calendar sets the tax audit report deadline for AY 2026‑27 at the end of August. Professional bodies argue that an October 31 deadline would give businesses more time to prepare.
- Current deadline: 31 August 2026 for non‑audit ITR and audit reports.
- Proposed shift: 31 October 2026 for Forms 3CA/3CB with Form 3CD.
- Reason: Align with filing cycles and reduce last‑minute pressure.
For full details, see the original article.
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