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ICAI's 60 Tax-Audit Cap (from 1 April 2026) and Tighter Form 3CD MSME Reporting

Updated 2026-08-03 · By KyaTax · 6 min read · expert-explainer
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Two audit-side developments matter for FY 2025-26 filings.

1. The 60 tax-audit cap (from 1 April 2026)

ICAI guidance keeps a limit of 60 tax audits per member per year, in individual and partnership capacities, and it cannot be shared across a firm's partners. Certain presumptive audits (44AD/44ADA/44AE) are excluded from the count.

2. Tighter MSME reporting in Form 3CD

Revised Clause 22 needs structured reporting of MSME payments — tied to Section 43B(h), which disallows a deduction for amounts owed to micro/small enterprises beyond the permitted window until actually paid. Auditors now expect businesses to continuously verify MSME status of suppliers and track payment timelines.

🧮 Worked example

A CA firm has 3 partners and 200 audit clients. Under the cap, that's up to 60 × 3 = 180 tax audits — but the cap can't be pooled, so if one partner has capacity and another is full, the firm still can't exceed each member's own 60.

For clients: book your audit early — capacity is genuinely limited near the deadline.

👩‍💼 Expert view

The practical takeaway for a business isn't the cap itself — it's Clause 22. Build a simple list of which suppliers are Udyam-registered micro/small enterprises now, and pay them inside the 15/45-day window. Do that and your audit is smooth; skip it and expect disallowances.

⚠️ Please read: This article is general information based on laws and notifications current as of August 2026. It is not legal, tax, accounting or professional advice or opinion and must not be relied upon for any decision. Rules change frequently and their application depends on your specific facts. Verify the latest position and connect with a KyaTax expert or your advisor before acting.
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Not sure how this applies to you?

Rules change and the answer depends on your exact numbers. Get a qualified professional to review the ICAI audit cap and Form 3CD MSME reporting for your case — before you act.

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Frequently asked questions

Does the 60-cap affect me as a business?

Indirectly — plan your audit early, as your CA has a fixed annual limit.

What does Clause 22 now require?

Detailed reporting of MSME payment timelines linked to 43B(h). Your books must identify MSME suppliers and payment dates.

How do I know if a supplier is micro/small?

Check their Udyam registration; keep a record and ask for written confirmation if unsure.

Related: Tax Audit Services · More guides · Our expert panel