Accounting And Audit 29 September 2026
Choosing Form 3CA vs 3CB for Tax Audits by Oct 21
India’s tax audit deadline of 21 October forces businesses to file either Form 3CA or Form 3CB. The choice hinges on accounting method and the new ₹10 crore turnover threshold for digital firms. Filing the wrong form requires a revised audit report and auditor notification to avoid penalties.
The tax audit deadline is 21 Oct. Businesses must file either Form 3CA (for cash‑based taxpayers) or Form 3CB (for accrual‑based or those exceeding ₹10 cr digital threshold). Read full guide
- Form 3CA: cash basis, turnover ≤ ₹10 cr.
- Form 3CB: accrual basis or digital turnover > ₹10 cr.
- Filed wrong form? Submit a revised audit report and notify your auditor.
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