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Income Tax: Tax Audit Due Date Extended to 31 October 2026, Says TBA Jhalawar

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Summary

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  • The Tax Bar Association, Jhalawar, has requested an extension of the due date for Tax Audit Reports for Assessment Year 2026-27 from 30 September 2026 to 31 October 2026.
  • The representation highlights practical difficulties faced by taxpayers and professionals, including the progressive availability of ITR utilities and revised ICAI requirements.
  • It emphasizes that the change in due dates for non-audit returns has compressed the timeline for completing audits, increasing the risk of errors.
  • If granted, this extension could enhance compliance quality and allow Chartered Accountants to fulfill their professional responsibilities more effectively.

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