Income Tax Audit Report Due Date: Complete Guide for 2025
Filing an income tax audit report is a crucial compliance step for businesses and professionals under the Income Tax Act. Missing the due date can result in penalties and unnecessary complications. In this comprehensive guide by Vizzve Finance, we break down everything you need to know about the Income Tax Audit Report due date for 2025.
1. Who Needs to File an Income Tax Audit Report?
As per Section 44AB of the Income Tax Act, the following taxpayers must get their accounts audited:
Businesses with turnover exceeding ₹1 crore (₹10 million)
Professionals with gross receipts exceeding ₹50 lakh (₹5 million)
Any taxpayer covered under presumptive taxation schemes, if the limits exceed specified thresholds
The audit must be conducted by a chartered accountant and submitted to the Income Tax Department.
2. Income Tax Audit Report Due Date 2025
For the financial year 2024-25 (Assessment Year 2025-26):
Due date for filing the audit report (Form 3CD & Form 3CA/3CB): 30th October 2025
Due date for filing Income Tax Return (ITR) for audit cases: 30th November 2025
Note: Timely filing is critical to avoid penalties under Section 271B, which can be 0.5% of turnover per month of delay.
3. How to File the Income Tax Audit Report
Engage a Chartered Accountant (CA) for audit.
CA prepares Form 3CA/3CB and Form 3CD.
Submit the forms electronically through the Income Tax E-Filing portal.
Ensure that the report is accurate, as discrepancies may attract scrutiny.
4. Penalties for Late Filing
Failing to file the audit report on time can result in:
Penalty under Section 271B: 0.5% of turnover per month
Delayed Income Tax Return processing
Increased risk of IT scrutiny or reassessment
Filing before the due date helps maintain compliance and avoids unnecessary legal hassles.
5. Important Tips for Compliance
Keep your books of accounts updated throughout the year.
Hire a reliable CA for accurate audit reporting.
Double-check financial statements before submission.
File reports well ahead of deadlines to avoid last-minute penalties.
FAQs About Income Tax Audit Report Due Date
Q1. What is the penalty for missing the income tax audit report due date?
A1. Under Section 271B, the penalty is 0.5% of turnover per month of delay, capped at the total turnover.
Q2. Can I file the audit report after the due date?
A2. Yes, but a penalty applies, and late submissions may trigger scrutiny.
Q3. Do professionals need an audit if their income is below ₹50 lakh?
A3. No, only professionals exceeding ₹50 lakh in gross receipts are required to get audited.
Q4. Who can certify the income tax audit report?
A4. Only a Chartered Accountant is authorized to certify audit reports.
Q5. Is Form 3CD mandatory?
A5. Yes, Form 3CD is a detailed statement that must be submitted along with the audit report (Form 3CA/3CB).
Published on : 30th October
Published by : Deepa R
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