The extended deadline for income-tax compliance ends today, October 21, 2026. Taxpayers, businesses, and trusts must complete pending filings and audit reports. The Central Board of Direct Taxes had extended these dates from September 30, 2026. Professionals should verify all forms and submit their required tax reporting obligations before time runs out.
Taxpayers, businesses, trusts, institutions and chartered accountants should note that the extended deadline for income-tax compliance ends today, October 21, 2026. This may include completing pending tax filings, submitting required audit reports or fulfilling other applicable tax reporting obligations. The Central Board of Direct Taxes (CBDT) had extended the deadline for filing various income-tax audit reports, certificates and statements for the assessment year 2026-27 from September 30, 2026. Taxpayers and tax professionals should verify the applicability of each form and complete the relevant filings today. Key compliances due today Filing of audit reports under Section 44AB for eligible corporate and non-corporate assessees. Filing of audit reports in Forms 10B or 10BB for eligible funds, trusts, institutions, universities, educational institutions, hospitals, or other medical institutions. Furnishing of certificate in Form 10-IJ for specified Category III Alternative Investment Funds (AIFs) claiming exemption under Section 10(23FF). Form 10-IL for specified funds linked to offshore banking units for claiming exemption under Section 10(4D). Filing of audit reports in Form 10CCB for eligible deductions under Sections 80-I, 80-IA, 80-IB, 80-IC. Similarly, audit reports in Form 3AC for deductions under Section 33AB, and Form 3AD for deductions under Section 33ABA. Form 10DA for certifying claims related to additional employee costs under Section 80JJAA. Other tax reports and statements due include Form 29C for computing Adjusted Total Income and Alternate Minimum Tax; Form 66 for tonnage companies; Form 3AF for specified expenses; Form 3AE under Section 35D(4). What should taxpayers do now? Several chartered accountant associations and tax professionals had urged the government to extend the deadline, citing the workload involved in completing audits and reconciling financial and tax-related information. Taxpayers should keep their books of accounts, bank statements, invoices, GST records and TDS details up to date. They should also submit the Annual Information Statement (AIS), Taxpayer Information Summary (TIS) and relevant Forms, and resolve any discrepancies before finalising the audit report. Disclaimer: The views and investment tips expressed by experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.