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ITR Due Dates · AY 2026-27

ITR Filing Last Date —
31 July 2026 for Individuals

The last date to file your income-tax return for FY 2025-26 (AY 2026-27), the audit and transfer-pricing deadlines, the belated and updated-return windows, and the late fee under Section 234F if you miss it.

Updated for AY 2026-27 CA Reviewed Post Budget 2025
31 JulIndividuals / non-audit
31 OctAudit cases
31 DecBelated & revised
Rs 5,000Max late fee
Quick Answer

The last date to file ITR for AY 2026-27 (income earned 1 April 2025 – 31 March 2026) is 31 July 2026 for individuals and other non-audit taxpayers under Section 139(1). Audit cases have until 31 October 2026 and transfer-pricing cases until 30 November 2026. Miss it and you can still file a belated return by 31 December 2026 with a late fee of up to Rs 5,000 under Section 234F.

Individuals / non-audit 31 Jul 2026
Audit cases 31 Oct 2026
Belated / revised 31 Dec 2026
Late fee Rs 5,000
AY 2026-27 = FY 2025-26 = "Tax Year 2026-27"

All three refer to income earned between 1 April 2025 and 31 March 2026. "Assessment Year" and "Financial Year" are the terms under the Income-tax Act, 1961; the Income-tax Act, 2025 introduces "Tax Year". The filing deadlines are identical whichever label is used.

The calendar

ITR Filing Due Dates — AY 2026-27

Every category, its original due date under Section 139(1), the final belated/revised window under Section 139(4)/(5), and the late fee that applies.

Taxpayer / returnOriginal due dateBelated / last dateLate fee
Individuals & HUF (non-audit)31 Jul 202631 Dec 2026Rs 5,000 (Rs 1,000 if income ≤ Rs 5L)
Business / profession requiring audit31 Oct 202631 Dec 2026Rs 5,000
Companies (all)31 Oct 202631 Dec 2026Rs 5,000
Transfer-pricing cases (Form 3CEB)30 Nov 202631 Dec 2026Rs 5,000
Revised return u/s 139(5)31 Dec 2026No fee
Belated return u/s 139(4)after due date31 Dec 2026Rs 5,000 / Rs 1,000
Updated return — ITR-U u/s 139(8A)31 Mar 203125–70% extra tax

CBDT may extend dates by notification — always confirm on incometax.gov.in. The ITR-U window was extended to 48 months by the Finance Act, 2025.

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Pick the right form

Which ITR Form Should You File?

Filing the wrong form gets your return marked defective under Section 139(9). Match your income to the correct ITR form for AY 2026-27 — the scope of ITR-1 and ITR-4 was widened this year to allow small LTCG under Section 112A.

FormWho should use itWho cannot
ITR-1 (Sahaj)Resident individual, income up to Rs 50L from salary, up to two house properties, other sources, and LTCG u/s 112A up to Rs 1.25LNRI/RNOR, business income, capital loss to carry forward, foreign assets
ITR-2Individual/HUF with capital gains, more than the ITR-1 limits, foreign income/assets, director or unlisted shares — but no business incomeAnyone with business or professional income
ITR-3Individual/HUF with business or professional income, F&O / intraday, partner in a firm, books maintainedFirms, LLPs and companies
ITR-4 (Sugam)Resident individual/HUF/firm (not LLP) on presumptive tax u/s 44AD / 44ADA / 44AE, income up to Rs 50LIncome above Rs 50L, foreign assets, director / unlisted shares
ITR-5Firms, LLPs, AOP, BOIIndividuals, HUF and companies
ITR-6Companies (other than those claiming Section 11 exemption)Companies claiming charitable exemption
ITR-7Trusts, political parties, institutions filing u/s 139(4A)–(4D)Ordinary taxpayers

F&O and intraday trading is business income — report it in ITR-3, not ITR-1/ITR-2, or the return is defective.

You can use the simple ITR-1 if

  • Resident, total income up to Rs 50 lakh
  • Only salary, up to two house properties, interest/other sources
  • LTCG u/s 112A within Rs 1.25 lakh, with no losses to carry forward

You need ITR-2 / 3 / 4 if

  • You have business or professional income (ITR-3 / ITR-4)
  • Capital gains beyond the ITR-1 limit or any capital loss (ITR-2)
  • Foreign income/assets, or you are a company director (ITR-2/3)

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If you miss the date

Late Fee, Interest & Lost Benefits

Missing 31 July does not end your ability to file — but it costs money and forfeits some rights. Here is what applies, and the belated / updated-return windows that remain open.

  • Late fee — Section 234F: Rs 5,000 if total income exceeds Rs 5 lakh; Rs 1,000 if income is Rs 5 lakh or below. No fee if income is under the basic exemption limit.
  • Interest — Section 234A: 1% per month (simple) on unpaid tax from the due date until you file; 234B / 234C cover shortfalls in advance tax.
  • Loss carry-forward blocked: business, capital (STCL/LTCL) and speculation losses cannot be carried forward if the return is filed after the original due date (house-property loss is an exception).
  • Delayed refund: a belated return means your refund and the interest on it are delayed.
Belated return closes on 31 December 2026

A belated return under Section 139(4) can be filed only up to 31 December 2026 for AY 2026-27. Miss even that and your only route is an updated return (ITR-U) — which can never be used to claim a refund or reduce your tax, only to disclose more income and pay extra tax.

The last resort

Updated Return (ITR-U) — 48-Month Window

The Finance Act, 2025 extended the ITR-U window under Section 139(8A) from 24 to 48 months from the end of the assessment year. For AY 2026-27 that means ITR-U can be filed up to 31 March 2031, with additional tax under Section 140B rising the longer you wait.

Filed withinAdditional tax (on tax + interest)
12 months of AY end (by 31 Mar 2028)25%
24 months (by 31 Mar 2029)50%
36 months (by 31 Mar 2030)60%
48 months (by 31 Mar 2031)70%

ITR-U cannot be filed to claim/increase a refund or to reduce total income — only to disclose additional income and pay the tax.

Step by step

How to File Your ITR Before the Deadline

Gather documentsForm 16, 26AS, AIS/TIS, interest & capital-gains data
Pick the right formITR-1 to ITR-4 based on your income
Compute & pay taxSelf-assessment tax with any 234B/C interest
File the returnSubmit on incometax.gov.in by 31 July 2026
E-verify in 30 daysAadhaar OTP / net-banking — else return is invalid
  • PAN & Aadhaar (linked)
  • Form 16 from employer
  • Form 26AS tax-credit statement
  • AIS / TIS from the portal
  • Bank interest & FD certificates
  • Capital-gains / broker statements
  • Deduction proofs (80C, 80D, etc.)
  • Home-loan interest certificate
  • Pre-validated bank account for refund
  • E-verification within 30 days of filing
Filing is not complete until you e-verify

A return you submit but do not verify within 30 days is treated as never filed — the late fee and loss of carry-forward then apply even if you uploaded it on time. E-verify instantly with an Aadhaar OTP right after filing.

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Government sourcesDue dates & ITR forms: incometax.gov.in · Late fee: Section 234F; Interest: Sections 234A/B/C, Income-tax Act 1961 · Belated / revised: Section 139(4)/(5); Updated return: Section 139(8A) & 140B · ITR-U 48-month extension: Finance Act, 2025
People also ask

ITR Filing Last Date — Frequently Asked Questions

Due Dates
What is the last date for ITR filing for AY 2026-27?
31 July 2026 for individuals and other non-audit taxpayers filing the income-tax return for FY 2025-26 (income earned 1 April 2025 to 31 March 2026), under Section 139(1). Audit cases have until 31 October 2026 and transfer-pricing cases until 30 November 2026. Watch incometax.gov.in for any CBDT extension announced nearer the date.
What is the ITR due date for audit cases and companies?
31 October 2026 for taxpayers whose accounts must be audited under the Income-tax Act and for all companies. If a transfer-pricing report in Form 3CEB is required, the due date is 30 November 2026. The tax-audit report itself must generally be filed one month before the return due date.
Can I file ITR after 31 July 2026?
Yes. If you miss the 31 July deadline you can file a belated return under Section 139(4) up to 31 December 2026, with a late fee of Rs 5,000 (Rs 1,000 if total income is up to Rs 5 lakh). You also lose the right to carry forward most losses. After 31 December, only an updated return (ITR-U) is possible.
Does AY 2026-27 mean the same as FY 2025-26 and Tax Year 2026-27?
Yes. All three describe income earned between 1 April 2025 and 31 March 2026. "Financial Year" and "Assessment Year" come from the Income-tax Act, 1961; "Tax Year" is the term used by the Income-tax Act, 2025. The ITR filing due dates are identical regardless of the label.
Late Fee & Penalty
What is the late fee for filing ITR after the due date?
Under Section 234F, the late fee is Rs 5,000 if total income exceeds Rs 5 lakh, and Rs 1,000 if total income is Rs 5 lakh or below. There is no late fee if your total income is below the basic exemption limit. This is separate from interest under Section 234A on any unpaid tax.
Is there a penalty for late ITR filing if income is below Rs 5 lakh?
The late fee is reduced to Rs 1,000 (not Rs 5,000) when total income does not exceed Rs 5 lakh. If your income is below the basic exemption limit there is no fee at all. However, interest under Section 234A at 1% per month still applies on any tax that remains payable after the due date.
What interest applies if I file ITR late?
Interest under Section 234A at 1% per month (simple interest) runs on unpaid tax from the due date until you file, but only if tax is payable. Sections 234B and 234C separately charge interest for shortfalls or deferment of advance tax, regardless of when you file.
What happens if I do not file ITR at all?
Beyond the late fee and interest, you lose the ability to carry forward business and capital losses, and refunds are delayed. In serious cases of wilful failure to file when substantial tax is due, prosecution under Section 276CC can lead to imprisonment. Filing even a belated or updated return is far cheaper than not filing.
Belated & Updated Return
What is a belated return and by when can I file it?
A belated return under Section 139(4) is one filed after the original due date. For AY 2026-27 it can be filed up to 31 December 2026. A late fee under Section 234F applies and most losses cannot be carried forward, but you can still report income, pay tax and claim a refund.
What is an updated return (ITR-U) and when can I file it?
ITR-U under Section 139(8A) lets you file or correct a return long after the deadline. The Finance Act, 2025 extended the window to 48 months from the end of the assessment year, so for AY 2026-27 it can be filed up to 31 March 2031. Additional tax under Section 140B is 25%, 50%, 60% or 70% depending on how late you file, and ITR-U cannot be used to claim a refund.
Can I revise my ITR after filing?
Yes. A revised return under Section 139(5) can be filed to correct a mistake up to 31 December 2026 for AY 2026-27, with no late fee (provided the original was filed). You can revise both an original and a belated return within this window.
Can I file ITR for previous years now?
For AY 2026-27, a belated return is possible until 31 December 2026. For earlier years still within the ITR-U window, file an updated return under Section 139(8A) with the applicable 25–70% additional tax. For years beyond the ITR-U window, only a condonation-of-delay application to the CBDT may allow filing.
Which Form & Documents
Which ITR form should I file for AY 2026-27?
ITR-1 (Sahaj) suits a resident with income up to Rs 50 lakh from salary, up to two house properties and other sources, including LTCG u/s 112A up to Rs 1.25 lakh. Use ITR-2 for larger capital gains or foreign assets, ITR-3 for business/profession or F&O, and ITR-4 (Sugam) for presumptive income. ITR-5/6/7 are for firms, companies and trusts.
What documents do I need to file my ITR?
Keep your PAN and Aadhaar, Form 16 from your employer, Form 26AS and the AIS/TIS from the portal, bank and FD interest details, capital-gains statements, deduction proofs (80C, 80D, home-loan interest) and a pre-validated bank account for the refund. You do not attach these to the return but must produce them if scrutinised.
Do I need to e-verify my ITR, and by when?
Yes. An ITR must be verified within 30 days of filing — usually with an Aadhaar OTP or net-banking — or it is treated as never filed, which triggers the late fee. E-verification is instant, so complete it immediately after you submit the return.
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