LatestAccounting And Audit 13 September 2026
Chartered Accountants Face Tight Tax Audit Deadline, No Extension Granted
The Institute of Chartered Accountants of India (ICAI) has warned chartered accountants that the tax audit deadline for Assessment Year 2026‑27 under Section 44AB is September 30, 2026, and the Central Board of Direct Taxes (CBDT) has confirmed no extension will be granted, urging firms to complete audits promptly to avoid penalties.
Key points
- ICAI warns CAs about the approaching Sept 30, 2026 deadline for tax audits under Section 44AB (Assessment Year 2026‑27).
- The CBDT has not announced any extension, leaving firms to finish audits within the current timeline.
- Firms should prioritize pending audit work, ensure documentation is complete, and avoid penalties for late filing.
For full details, see the ICAI notification.
Need help understanding this update?
Connect with our domain experts instantly via WhatsApp for customized legal guidance.
