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EXTEND THE TAX AUDIT DUE DATE TO 31ST OCTOBER PERMANENTLY 30th September is NOT the only deadline for submission of the TAX AUDIT REPORT! 30th September is also the due date for several other important statutory compliances, including: 🔹 Audit Report of Charitable/ Religious Trusts in Form 10B/Form 10BB 🔹 Application for Renewal of Registration of Charitable/Religious Trusts under Section 332 🔹 Application for Renewal of Approval of Charitable/Religious Trusts under Section 354 ONE MONTH IS NOT ENOUGH FOR QUALITY AUDITS A proper tax audit requires detailed verification, reconciliation, scrutiny of records, examination of financial statements and supporting documents, and professional review. When multiple statutory compliances fall on the same date, expecting Chartered Accountants to complete quality audits within a limited timeframe creates unnecessary pressure and compromises the objective of accurate, thorough and quality compliance. Adequate Time for Professionals = Better Verification + Better Compliance + Better Quality LET US ENSURE A QUALITY AUDIT, NOT A RUSHED AUDIT. CA KULDEEP ARORA Kuldeep Arora & Associates #TaxProfessionals #TaxAudit #ExtendDueDate