The Income Tax Return (ITR) filing deadline for FY 2025–26 (AY 2026–27) is 31 July 2026 for most individual taxpayers. Missing this date triggers late fees, loss of carry-forward benefits, and potential notices from the Income Tax Department.
ITR Due Date Calendar FY 2025–26 (AY 2026–27)
| Category | Due Date |
|---|
| Individuals, HUF, AOP, BOI (non-audit) | 31 July 2026 |
| Businesses requiring tax audit (Sec 44AB) | 31 October 2026 |
| Transfer pricing cases (Sec 92E) | 30 November 2026 |
| Belated / Revised Return | 31 December 2026 |
Late Filing Penalty under Section 234F
| Filed Before | Penalty (income > ₹5L) | Penalty (income ≤ ₹5L) |
|---|
| 31 July 2026 | NIL | NIL |
| 31 December 2026 | ₹5,000 | ₹1,000 |
| 31 March 2027 | ₹10,000 | ₹1,000 |
Other Consequences of Late Filing
- Interest under Section 234A: 1% per month on unpaid tax
- Loss of carry-forward: Business loss, capital loss cannot be carried forward
- Delayed refunds: Late filers get refunds later and may miss interest on refunds
- Prosecution risk: Willful non-filing for 5+ years can attract prosecution
- Notice exposure: Late filers are more likely to receive scrutiny notices
Documents Required to File ITR
- Form 16 / Form 16A from employer / deductor
- AIS and 26AS from Income Tax portal (always reconcile!)
- Bank statements and interest certificates
- Capital gains statements (broker/mutual fund CAS)
- Rental income proofs and housing loan certificate
- Investment proofs for 80C, 80D deductions
- Foreign income and asset details (Schedule FA/FSI)
Which ITR Form Should You File?
| Form | Who Should File |
|---|
| ITR-1 (Sahaj) | Salaried, one house property, interest income ≤ ₹50L |
| ITR-2 | Capital gains, foreign income, more than one property, NRIs |
| ITR-3 | Business/profession income with books of accounts |
| ITR-4 (Sugam) | Presumptive income under Sec 44AD, 44ADA, 44AE |
| ITR-5 | Partnership firms, LLPs, AOPs |
| ITR-6 | Companies (except claiming Sec 11 exemption) |
Note: IndUs Tax offers CA-reviewed ITR filing starting from a clear, upfront price. WhatsApp us to get the document checklist and quote for your specific case.
