INCOME TAX UPDATE

 Tax Audit Update;

​1.The Central Board of Direct Taxes (CBDT) has officially extended the due dates for Assessment Year 2026-27 vide Press Release dated 28th September 2026.
Revised Due Dates:​

• Tax Audit Report - Extended from 30th September 2026 to 21st October 2026
• Income Tax Return (For Audit Cases) - Extended from 31st October 2026 to 21st November 2026
• Trust Audit Report in Form 10B / 10BB - Extended to 21st October 2026

​2. Who is Covered:
This extension applies to persons covered under S. No. 2 of the Table below Explanation 2 to Section 139(1) of the Income-tax Act, 1961, which includes:

• Companies
• Non-corporate assessees whose accounts are required to be audited under the Income-tax Act or any other law
• Partners of audited firms and spouses covered under Section 5A

​3. Who is NOT Covered:
Assessees who are required to file reports​ under Section 92E relating to Transfer Pricing - Due Date remains 30th November 2026.

Source:-CA Dr.Raj Chawla