Quote from GLOBAL CA on September 17, 2025, 11:22 am

The Issue

GLOBAL CA Petition Campaign For Extension of Tax Audit & Company Audit Due Dates (FY 2024–25) 📢

Dear Professional Colleagues,

As you are aware, the due date for filing Tax Audit Reports for FY 2024–25 is 30th September 2025. However, this year the situation is extremely challenging. Under normal circumstances, there exists a two-month statutory gap between the due date for non-audit returns and the due date for Tax Audit Reports. This gap is essential to ensure proper verification, reporting and compliance under Section 44AB.

However, for AY 2025–26, the statutory balance has been disturbed:

The due date for non-audit ITRs (originally 31st July 2025) was extended by CBDT first to 15th September 2025 and then to 16th September 2025, primarily due to delayed release of utilities, frequent portal errors, and technical glitches.

Consequently, Chartered Accountants are left with only 14 days to complete and upload the Tax Audit Reports for lakhs of assessees, which is not only impractical but also poses a risk to quality of audit reporting, professional diligence, and timely compliance.

Unless statutory audits under the Companies Act are finalised, audited financial statements cannot be approved, and consequently, AGMs cannot be convened. Thus, extension of the Tax Audit due date should also be synchronised with an extension of statutory audit timelines for companies, to ensure practical compliance and avoid undue hardship.

👉 In the interest of:

• Maintaining healthy compliance standards
• Ensuring quality reporting
• Avoiding last-minute hardship to taxpayers and professionals alike

GLOBAL CA has initiated a “Sign Petition Campaign” requesting the Ministry of Finance / CBDT to suitably extend the due date for:
1️⃣ Filing of Tax Audit Reports under Section 44AB for AY 2025–26.
2️⃣ Completion of statutory audits under the Companies Act, 2013, along with consequential extension of the AGM due date.

We strongly believe that due date relaxations should be announced in a timely manner, rather than at the eleventh hour, so that both assessees and professionals may plan, execute and complete compliance obligations in an orderly fashion.

💡 GLOBAL CA is also taking this initiative forward by filing a Writ Petition for Punjab, Haryana, Himachal Pradesh, Jammu & Kashmir, and Delhi – without charging any fees from professionals.

We urge all members of the profession to support this cause by signing the petition ✍. 📩 If you are / had also facing/ faced any other specific issues regarding filing of return(s) , please share the details with us

Once consolidated, GLOBAL CA will formally submit it to the concerned Ministry for consideration.

Let us unite for the dignity of the profession and the cause of fair & practical compliance

 📢 We also request you to actively share this campaign with your clients, trade bodies/Association(s)  and professional networks so that a stronger collective voice can reach the authorities.

Regards
Team GLOBAL CA

 

CA NITIN KANWAR 

Contact no. - 9810387163

E-mail id - nitinkanwar@globalca.in