LatestCorporate Compliance 24 September 2026
MP Chaudhary Pushes for Tax Audit Deadline Extension
Member of Parliament P.P. Chaudhary has appealed to Finance Minister Nirmala Sitharaman to postpone the tax audit filing deadline to October 31, 2026, citing a congested compliance calendar that strains tax professionals and businesses alike. The extension would give accountants extra time to complete audits, reduce last‑minute filing pressure, and help maintain smooth business operations during the busy fiscal year.
Key Request
- MP P.P. Chaudhary asks Finance Minister Nirmala Sitharaman to shift the tax audit due date to 31 October 2026.
- He argues the current schedule clashes with a packed compliance calendar for accountants and businesses.
Implications
- Additional time would ease audit preparation, lower filing rush, and support smoother business operations.
- The move aims to reduce stress on tax professionals and improve overall compliance quality.
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