Tax audit reports due by Sep. 30 under expanded Form 3CD rules
In short
Taxpayers must file tax audit reports for AY 2026-27 by September 30, 2026. The report says Form 3CD now asks for more details on MSME payments, loans, regulatory settlements, and share buybacks.
This matters because companies and taxpayers may need more records ready before the deadline. The report does not say how many people or firms are affected.
What the reporting says
Taxpayers must submit tax audit reports for AY 2026-27 by September 30, 2026, according to the reporting. The source says Form 3CD now requires expanded disclosure for MSME payments, loans, regulatory settlements and share buybacks. The immediate consequence is tighter reporting compliance, while the reporting does not say how many taxpayers are affected.
Why it matters
The reporting says tax audit reports for AY 2026-27 are due by September 30, 2026. It also says Form 3CD has expanded reporting requirements for MSME payments, loans, regulatory settlements and share buybacks. The change affects taxpayers and compliance teams, but the reporting does not state any penalty or estimate of who will be impacted.