LatestAccounting And Audit 7 October 2026
Tax Audit Deadline Extended 21 Days
The Income Tax Department has extended the tax audit filing deadline by 21 days, moving the cutoff to the end of June. All audit cases get the extra time, but the relief threshold for cash receipts and payments is now ₹10 crore. Taxpayers with cash transactions above this amount qualify for relaxed limits, while smaller entities stay under the stricter rules. Professionals should reassess client positions to confirm eligibility for relief.
Tax audit filing deadline pushed back 21 days – the new cutoff is now the end of June. The extension applies to all audit cases.
- Relief threshold for cash receipts and payments increased to ₹10 crore.
- Taxpayers with cash transactions above this amount qualify for relaxed audit limits.
- Smaller entities remain under the previous stricter criteria.
Professionals should review client positions and confirm eligibility. For full details, see the CAclub India article.
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