Accounting And Audit 29 September 2026
CBDT Extends Tax Audit Deadline to Oct 21, 2026
The Central Board of Direct Taxes has moved the tax audit report filing deadline to 21 October 2026 and pushed the income‑tax return deadline for audited taxpayers to 21 November 2026. Professional bodies had earlier urged a shift to 31 October, while separate FEMA export‑import regulation updates were also released, highlighting broader compliance changes for Indian businesses.
The CBDR announced a two‑step extension for the fiscal year 2026‑27:
- Tax audit reports now due by 21 Oct 2026.
- Income‑tax returns for audited accounts shifted to 21 Nov 2026.
This move eases pressure on taxpayers who must submit detailed audit information before filing their returns. Earlier, professional bodies had pressed the government to move the audit deadline to 31 Oct 2026 (source).
In parallel, the FEMA Export‑Import Regulations 2026 were amended, tightening timelines and compliance requirements for cross‑border trade (details).
Need help understanding this update?
Connect with our domain experts instantly via WhatsApp for customized legal guidance.