Bikaner Tax Consultants Seek Extension of TAR, Forms 10B/10BB and Audited ITRs Due Dates for AY 2026-27:

The Bikaner Tax Consultants Association has issued a representation dated September 15, 2026, addressed to the Union Finance Minister, seeking an extension of the due dates for Tax Audit Reports (TARs), Forms 10B/10BB and consequential audited Income-Tax Returns (ITRs) for Assessment Year (AY) 2026-27. The association has requested that the Tax Audit Report due date be extended from September 30, 2026, to October 31, 2026.

The association stated that the due date for non-audit Income-Tax Returns was shifted from July 31 to August 31, 2026. As tax professionals had to prioritise non-audit returns before the statutory deadline, they were left with effectively only the month of September to complete a large volume of tax audits, audit reports and consequential returns.

According to the representation, tax audits involve detailed verification of books of account, financial statements, bank statements, GST records, TDS/TCS information, Form 26AS, Annual Information Statement (AIS), Taxpayer Information Summary (TIS), stock records, fixed assets and statutory payments. The association said that obtaining confirmations from banks, customers, suppliers and other third parties further increases the time required for completing audits.

The association also highlighted continuing changes and updates in Income-Tax Department utilities, schemas and validations. It noted that the common Income Tax Return utility was initially released on May 20, 2026, with subsequent updates, including one on September 2, 2026. Such changes, according to the association, reduce the effective time available for testing, reconciliation and filing.

The association has requested an extension of Tax Audit Reports in Forms 3CA/3CB with Form 3CD and Forms 10B/10BB up to October 31, 2026. It has also sought suitable alignment of the consequential audited ITR due date and consequential relief from interest, penalties and other adverse consequences arising solely from the compressed compliance timeline.

The representation stated that the extension would provide taxpayers adequate time for proper verification, reconciliation and quality review, thereby reducing the possibility of errors and improving the accuracy of tax compliance.