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LatestAccounting And Audit 6 July 2026

Tax Audit Updates 2026

The Income Tax Department has introduced new tax audit limits for businesses and professionals, and the Institute of Chartered Accountants of India has proposed higher minimum monthly stipends for CA articleship students. Additionally, the ITAT has restricted DDT to 10% under the India-Switzerland DTAA and ordered excess tax refunds. The ICAI has also introduced a new tax audit count tracking feature on the UDIN portal.

The tax audit limit has been a major topic of discussion in recent times. Businesses and professionals with a turnover exceeding a certain limit are required to maintain books of accounts and get them audited. The *ICAI* has proposed higher minimum monthly stipends for CA articleship students.
- The ITAT has restricted DDT to 10% under the India-Switzerland DTAA and ordered excess tax refunds.
- The *ICAI* has introduced a new tax audit count tracking feature on the UDIN portal.
Please visit the original sources for more information: https://www.news18.com/business/tax/itr-filing-2026-who-needs-to-maintain-books-of-accounts-and-get-them-audited-ws-l-10192613.html and https://www.caclubindia.com/news/icai-introduces-new-tax-audit-count-tracking-feature-on-udin-portal-26642.asp

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