CA Nishank Banka

Chartered Accountant

[Taxology India @taxologyin]

MAJOR RELIEF

Important clarification by @RBI today regarding EDF Forms.

A detailed FAQ is expected soon.

[CA Nishank Banka @Nishankbanka]

Agar audit ki date nhi badhani thi, to ITR 3,4 ki dates q rationalize ki, wo ITR date ka raita nhi faila hota to extension ki bhi jarurat nhi hoti #Extension_हक़_है_भीख_नहीं #extendauditduedate

[CA Nishank Banka @Nishankbanka]

@PratibhaGoyal Icai leaders belike
Apne kam phele complete q nhi kiya
Last dates pe portal work krne ki humari zimmedari nhi h. Its ur fault not icai.
#Extension_हक़_है_भीख_नहीं

[CA Manish Kumar (GST PLATFORM) @ag_manish89]

TAX AUDIT EXTENSION – RAJASTHAN HC UPDATE
As being reported from today’s hearing, Rajasthan High Court has asked CBDT to provide clarity TODAY itself on whether the Tax Audit due date will be extended or not.
The Court reportedly observed that the issue should not be stretched.

[CA Nishank Banka @Nishankbanka]

Agar audit ki date nhi badhani thi, to ITR 3,4 ki dates q rationalize ki, wo ITR date ka raita nhi faila hota to extension ki bhi jarurat nhi hoti #Extension_हक़_है_भीख_नहीं #extendauditduedate

[CA Nishank Banka @Nishankbanka]

@CAHimankSingla CCMs are busy in media meet and flattery with govt

[CA Nishank Banka @Nishankbanka]

@GauravRMakwana @supriya_sule Sir abhi koi election nhi h, so unko koi fark nhi padta #extend_due_date_immediately #Extension_हक़_है_भीख_नहीं

[CA Anupam Sharma @caanupam7]

🚨 Rajasthan HC Update

Rajasthan HC has asked CBDT to issue clear instructions today itself on whether the Tax Audit due date is being extended or not.

The Court also observed that this issue should not be stretched till the last date.

And then came the biggest point - the Court told RTCA that if CAs are facing difficulties, it is the responsibility of ICAI to approach the High Court, since Tax Audit is primarily carried out by Chartered Accountants.

Now, let’s see what CBDT decides.

Next date: tomorrow for final instructions.

CBDT Lead counsel didnt come today due to the reason that his family member was unwell!

[CA Himank Singla @CAHimankSingla]

Update from Rajasthan High Court!

Next date: tomorrow for final instructions.

CBDT Lead counsel didnt come today due to the reason that his family member was unwell!

[CA Nishank Banka @Nishankbanka]

@CAamanmittal it seems as per leaders of ICAI, All is going well , there is no need for extension. If we are not able to complete work within time its our personal incompetances #extend_due_date_immediately

[CA Nishank Banka @Nishankbanka]

@akhilpachori Wo to Humare ek beloved CCM sir ne phele hi keh diya tha ki ICAI will no go for extension demand. Unke according every firms and CAs are well equiped with resources and manpower ki they will complete Audit before time. Thanks to Such CCMs

[CA Nishank Banka @Nishankbanka]

@carajendra89 @IncomeTaxIndia @FinMinIndia @nsitharaman There is no revenue loss, but for them there is ego loss. For them EGO seems to come above everything else - even the well being of citizens and their genuine demands.

[CA Ruchita Vaghani @R_N_Vaghani]

🚨 Rajasthan HC Update

Rajasthan HC has asked CBDT to issue clear instructions today itself on whether the Tax Audit due date is being extended or not.

The Court also observed that this issue should not be stretched till the last date.

And then came the biggest point - the Court told RTCA that if CAs are facing difficulties, it is the responsibility of ICAI to approach the High Court, since Tax Audit is primarily carried out by Chartered Accountants.

Gazab Beijjati Huyi Hai Aaj.

Now, let’s see what CBDT decides.

[CA Nishank Banka @Nishankbanka]

#ExtendTaxAuditDueDate

[CA Prakash Swami @capcswami]

Honestly, I’m very tense right now.

Around 55–60% of the work is done, but there is still so much pending. Working continuously, yet the deadline is getting closer every hour.

We are professionals, but we are humans too.

Please extend the Tax Audit due date. We genuinely need some breathing space.

#ExtendTaxAuditDueDate #TaxAudit2026 #CAIndia #ExtendTaxAuditDueDateWorking

[CAclubindia @CAclubindia]

Thousands of Tax Professionals!
Genuine Concerns!

Their voices deserve to be heard, not ignored. 😟
#ExtendTaxAuditDueDate

[Supriya Sule @supriya_sule]

राष्ट्रवादी टॅक्स प्रॅक्टिशनर सेल शरदचंद्र पवार पक्षाचे महाराष्ट्र राज्यप्रमुख श्री. नागेश साळुंखे यांनी करदाते व Tax Professionals यांना भेडसावणाऱ्या अडचणींबाबत भेट घेऊन निवेदन दिले. आयकर विवरणपत्रांसाठी 31 जुलै आणि 31ऑगस्ट या अंतिम मुदतीनंतर कर लेखापरीक्षणासाठी 30 सप्टेंबरची मुदत अपुरी पडत असल्याचे निवेदनात नमूद करण्यात आले आहे.

कर निर्धारण वर्ष २०२६-२७ साठी कर लेखापरीक्षण अहवाल सादर करण्याची अंतिम मुदत ३० सप्टेंबर आहे. जीएसटी आणि टीडीएसशी संबंधित कामांचा ताण, प्राप्तिकर पोर्टलवरील तांत्रिक अडचणी, नुकतेच झालेले सण आणि २८ ते ३० सप्टेंबरदरम्यान प्रस्तावित देशव्यापी बँक संप यांमुळे सनदी लेखापाल, कर सल्लागार आणि करदात्यांना काम पूर्ण करताना अडचणी येत आहेत.

लेखापरीक्षणाचे काम अचूक आणि परिपूर्ण व्हावे, यासाठी अहवाल सादर करण्याची मुदत वाढवण्याची मागणी होत आहे.

केंद्रीय अर्थमंत्री मा. निर्मला सीतारामन जी यांनी या व्यावहारिक अडचणींचा सहानुभूतीपूर्वक विचार करून कर लेखापरीक्षण अहवाल सादर करण्याची तसेच संबंधित प्राप्तिकर विवरणपत्रे भरण्याची मुदत वाढवावी, ही विनंती. यामुळे करदात्यांना मोठा दिलासा मिळेल.

I received a representation from Shri Nagesh Salunkhe, State Head of the @NCPspeaks Tax Practitioners Cell, Maharashtra, highlighting the difficulties faced by taxpayers and tax professionals in completing tax audits within the current deadline. With the income tax return deadlines of 31 July and 31 August having already passed, the time available until 30 September is considered inadequate for completing tax audits that involve detailed verification, scrutiny and reconciliation.

For Assessment Year 2026-27, tax audit reports are due on 30 September. Chartered accountants, tax consultants and taxpayers are under pressure due to GST and TDS work, difficulties with the income tax portal, recent festivals and the proposed nationwide bank strike from 28 to 30 September.

I urge Hon. Nirmala Sitharaman Ji to extend the deadline for submitting tax audit reports, along with the corresponding deadline for filing income tax returns in audit cases. This would provide much-needed relief to taxpayers and allow the work to be completed accurately.

@nsitharaman @nsitharamanoffc @FinMinIndia

[CA Nitin Chawla (A.C.A) @CANITINCHAWLA]

Tax Audit Due Date Will Extend Tomorrow For Sure .

How You can Say - It is Sure.

My Reply - CBDT Demand Additional Time so that They can Extend Due Date .

Happy Tax Audit Season 🎉

#TaxAudit
#Extend_TAR_DueDate
#Extension_हक़_है_भीख_नहीं
#Update

[CA Chirag Chauhan @CAChirag]

The govt should come under pressure to #ExtendTaxAuditdate as there are many representation from business and CAs

Waiting to notify till last moment is not justified!

I am expecting an extension notification by tomorrow

[CA Nishank Banka @Nishankbanka]

@gopalmote @theicai @IncomeTaxIndia @FinMinIndia @nsitharaman Nothing will change.
People have very short memory

[Abhas Halakhandi @AbhasHalakhandi]

🚨Extend Tax Audit due date today!!

Work started at 8 AM on this Sunday morning!!
One of the toughest audit seasons in many years.

ITR due dates were staggered to 31st July/31st August, perhaps to ease pressure on the IT infrastructure without thinking the impact on Auditors/tax payers with an unreasonably short window for completing tax audits.

Please listen to stakeholders and rationalise the due dates permanently. There should be at least a two month gap between the ITR due date and the Tax Audit due date.

For this year, the immediate need is clear :-
Extend Tax Audit due date today.
@IncomeTaxIndia @FinMinIndia

#ExtendTaxAuditDueDate #TaxAudit #ExtendTaxAuditdate