Neutral impactEconomy
CA submitted your tax audit report? The process doesn't end there—here's what you still need to do by 30 September
Mint 1 hr ago·27 Sept 2026, 3:45 pm
Many chartered accountants now file tax audit reports electronically on behalf of their clients. Once the report is uploaded, it appears on the income‑tax e‑filing portal, where the taxpayer must log in, review the details and formally accept or reject the filing.
Accepting the report is more than a formality. It confirms that the numbers match the taxpayer’s books, allowing the tax department to complete processing and preventing follow‑up notices or penalties. For investors, unresolved tax filings can tie up cash, affect dividend payouts and create uncertainty that may weigh on broader market sentiment.
The key deadline is 30 September, by which the acceptance or verification must be completed. Watch for portal alerts, any extensions announced by the tax authority, and potential changes in filing rules that could impact future compliance cycles.
Excerpt from Mint
Has your CA submitted your tax audit report? The process does not end there. Taxpayers need to check the report on the income-tax e-filing portal and complete certain steps after submission. Here's what you need to know about accepting and verifying the report. If your accounts are subject to a tax audit, the process…Read the original at Mint
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