Comparative BS PL with Audit report

Two points. The tax audit threshold is not 5 crore. Under section 44AB (1961 Act, FY 2025-26) it is generally 1 crore of turnover, and 10 crore if cash receipts and cash payments are each within 5% of total receipts and payments. On comparatives, I am not aware of a rule in the tax audit forms that makes comparative columns mandatory for the upload. If the entity is a company, Schedule III already requires previous-year figures, so its financials will carry them. Check the form validations before filing.

Hi,

I am not asking about companies nor it is related to tax audit applicability. It is about financials to be uploaded with tax audit report.

Here the details 

• Mandatory Disclosure: ICAI guidelines and Income Tax e-filing utilities require comparative figures from the previous financial year for both the Balance Sheet and Profit & Loss account.

• Form 3CD Integration: Financial statements attached to Tax Audit AY 2026-27: Due Date, 3CA, 3CB & 3CD must incorporate proper current vs. non-current classifications and prior-period comparatives.

• Non-Corporate & Corporates: Applicable to companies (under Schedule III) as well as LLPs, partnerships, and proprietorships following the updated ICAI technical guidance.