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CBDT nudges 12,000 tax professionals to file pending audit reports
Economic Times 1 hr ago·14 Oct 2026, 6:52 pm
The Central Board of Direct Taxes (CBDT) has launched a fresh campaign to encourage tax professionals to complete their pending audit reports. The 'SAKSHAM NUDGE' initiative specifically targets practitioners who filed fewer than 50% of their reports in the previous financial year. The department has sent direct messages via SMS and email to urge these professionals to ensure compliance before the upcoming deadline.
This move is significant for investors as it aims to clean up the tax compliance data ahead of the new fiscal year. Timely filing of audit reports is crucial for businesses to avoid penalties and ensure their financial statements are processed smoothly. The deadline for submitting these reports has been extended to October 21, giving professionals a bit more time to finalize their submissions.
Investors should watch for any updates on the number of reports filed following this campaign. Increased compliance could lead to a more transparent tax environment, while delays might indicate ongoing challenges in the tax administration process. Keeping an eye on these developments will help gauge the overall health of the corporate tax ecosystem.
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