Tag: Tax Audit Reports (TAR)
CBDT extends ‘specified date’ for filing of various reports of audit for the Assessment Year 2025-26 from 30th September, 2025 to 31st October, 2025
The ‘specified date’ of furnishing of the report of audit under any provision of the Income-tax Act, 1961, for the Previous Year 2024-25 (Assessment Year 2025-26), in the case of assessees referred to in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act, is 30th September, 2025.
Circular No. 14/2025 dated 25.09.2025
CBDT issued Circular No. 14/2025 dated 25.09.2025 regarding Extension of timeline for filing of various reports of audit for Financial Year 2024-25 (relevant to Assessment Year 2025-26) by auditable assessees.
Tax Audit Filing: Rajasthan HC orders CBDT to extend deadline by one month
The Rajasthan High Court on Wednesday directed India’s direct tax authority to extend the deadline for filing tax audit reports and related income tax returns for the 2025–26 assessment year by a month.
Extend income tax audit deadline due to ITR portal glitch, AIS errors, new ICAI enhanced reporting needs: Nagpur Chamber of Commerce
The Nagpur Chamber of Commerce has sent a representation to the Central Board of Direct Taxes (CBDT), asking for a two-month extension on the income tax audit deadline, pushing it to November 30, 2025.
Key changes in MSME reporting for tax audits
CA Umesh Sharma explains Clause 22 of Tax audit report which deals with reporting of payment made to MSME dealers within statutory timeline
Income tax audit forms are now enabled for business and professional income on ITR e-filing portal, check 5 prominent changes in ITR Form 3CA-3CD and 3CB-3CD
On July 18, 2025 the Income Tax Department said that Income Tax Audit using Forms 3CA-3CD and 3CB-3CD are now enabled on the e-Filing ITR portal with many changes. Moreover, the tax department has also released the common offline utility functionality of income tax audit forms Form 3CA, Form 3CB and Form 3CD.
New tax audit limit rule for CAs to apply from April 2026: ICAI president
The Institute of Chartered Accountants of India (ICAI) will enforce from April 2026 its new guidelines on allowing a partner of an accounting firm to take up a maximum of 60 tax audits in a year, its president Charanjot Singh Nanda said on Friday.
Notification no. 23/2025 dated 28.03.2025- Income tax
CBDT issued notification no. 23/2025 dated 28.03.2025 to make following rules further to amend the Income-tax Rules, 1962, in exercise of the powers conferred by section 44AB and section 295 of the Income tax Act, (43 of 1961).
FAQs on PFA & Defective for ITR 1 to 6 for AY 24-25; FAQs based on tax Audit report and FAQs based on other Audit reports and Forms
FAQs on PFA & Defective for ITR 1 to 6 for AY 24-25; FAQs based on tax Audit report and FAQs based on other Audit reports and Forms