Summary
- The Chartered Accountants Association, Jalandhar, has requested an extension of the Tax Audit Report due date for AY 2026-27 from 30 September 2026 to 31 October 2026.
- The request, made on 17 September 2026, cites compressed compliance timelines and delayed availability of ITR forms as key challenges for taxpayers and professionals.
- The Association also seeks a permanent amendment to the Income-tax Act to standardize the due date for Tax Audit Reports and audit-case Income-tax Returns to 31 October in future years.
- This extension aims to enhance accuracy in audits and compliance rather than defer tax payments or provide undue benefits.
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