LatestCorporate Compliance 14 September 2026
Tax Professionals Seek October 31 Deadline Extension
Tax advisors have formally requested that the government move the filing deadline for tax audit reports and audited income‑tax returns from September 30 to October 31. Aligning both deadlines would give firms extra time to complete audits, reduce last‑minute errors, and improve compliance, while the finance ministry weighs the proposal against revenue timelines.
Tax professionals are lobbying for a later filing date.
- Current deadline: September 30 for audit reports and audited ITRs.
- Requested change: Shift to October 31 to synchronize both submissions.
- Expected benefits: More preparation time, fewer errors, smoother compliance.
The proposal has been submitted to the finance ministry for consideration. For full details, see the original article here.
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