New Delhi, Sept. 27 -- Taxpayers subject to tax audit for assessment year (AY) 2026-27 have until 30 September 2026 to furnish their tax audit report in the applicable cases. For FY 2025-26, the audit report continues to be filed under the Income Tax Act, 1961 using Form 3CA-3CD or Form 3CB-3CD, as applicable.

With the deadline approaching, taxpayers should not leave reconciliation and documentation until the last few days. Errors in turnover, tax credits, expenses and disclosures can create complications when the return is subsequently filed.

According to CA Chandni Anandan, Tax Expert at ClearTax, taxpayers should close their books early, reconcile key ledgers and keep invoices, contracts, the trial balance and fixed-asset schedule re...