LatestAccounting And Audit 7 October 2026
New Tax Audit Forms 3CA, 3CB, 3CD for AY 2026‑27 Explained
Assessees can no longer rely solely on the ₹1 crore, ₹10 crore or ₹50 lakh turnover thresholds to trigger a tax audit; the new rules for Assessment Year 2026‑27 introduce Forms 3CA, 3CB and 3CD, clarifying audit applicability, especially where presumptive taxation schemes apply, and detailing procedural steps for filing.
Key changes for AY 2026‑27
- Forms 3CA, 3CB and 3CD replace older audit formats, aligning with revised turnover thresholds.
- Audit is not automatic at ₹1 cr, ₹10 cr or ₹50 lakh; eligibility now depends on income nature and use of presumptive schemes.
- Detailed guidance on document preparation, filing deadlines, and compliance steps is provided.
For the full practical guide, see the original article.
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