Quick Summary
The Maharashtra Tax Practitioners' Association (MTPA) has submitted a representation to the Union Finance Minister seeking an extension of the due dates for filing Tax Audit Reports (TARs) and Income Tax Returns (ITRs) for taxpayers covered under compulsory tax audit. In its representation dated September 16, 2026, the association highlighted the practical difficulties being faced by taxpayers, Chartered Accountants and other tax professionals as the September 30 tax audit deadline approaches.
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FAQ :
The MTPA is requesting an extension for the due dates of filing Tax Audit Reports (TARs) and Income Tax Returns (ITRs) for taxpayers who are required to undergo a compulsory tax audit.
The MTPA proposes extending the deadline for filing Tax Audit Reports (TARs) to October 31, 2026, and the deadline for filing Income Tax Returns (ITRs) for compulsory audit cases to November 30, 2026.
The association cited practical difficulties faced by taxpayers and tax professionals in reconciling and collecting a wide range of financial information required for tax audits, as well as the impact of the festive season workload.
Difficulties include reconciling purchases, TDS filings, financial ratios, loan repayments, payments made after the financial year, professional tax, PF and ESI payments, payments to related parties, and reconciling data from Form 26AS, AIS, TIS, and GST turnover.
The MTPA believes the extension will not adversely affect revenue collection, as a significant portion of taxes from these assessees is collected through TDS, TCS, and advance tax.
No, the article states that this is a request from the MTPA and does not indicate that the government or the CBDT has approved the proposed extensions.
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