Income Tax Return Filing Last Date FY 2025-26 (AY 2026-27)

Income Tax Return filing last date for Financial Year FY 2025-26 (AY 2026-27) is on 31st July for ITR-1 and ITR-2 filers, and 31st August, 2026 for ITR-3 or ITR-4 filers (not subject to tax audit). Missing the due date can lead to consequences like late fees, restriction on choice of regime and carry forward of certain losses to future assessment years.

Income Tax Filing (ITR) FY 2025-26 (AY 2026-27)

• The Income Tax Department has released offline utility and enabled online filing of ITR-1, ITR-2, ITR-3 and ITR-4 for AY 2026-27.
• Taxpayers missing the initial deadline can file a belated return before 31st December 2026 by paying additional late fees and interest.

Income Tax Return (ITR) Filing Last Dates for FY 2025-26

The due date to file Income Tax Return for different types of taxpayers for FY 2025-26 (AY 2026-27) is as follows:

• ITR-1 and ITR-2 (Salary and capital gains income): 31st July 2026
• ITR-3 and ITR-4 (Business income – Non-audit cases): 31st August 2026
• ITR-3 and ITR-4 (Business income – Cases requiring audit): 31st October 2026
• Businesses requiring transfer pricing reports (international transactions or specified domestic transactions): 30th November 2026
• Belated (Late) Return: 31st December 2026
• Revised Return: 31st March 2027
• Updated Return (ITR-U): 31st March 2031 (within 4 years from the end of the relevant Assessment Year)

*Due dates are applicable unless extended by the Income Tax Department.

ITR After Due Date?

Yes, if you failed to file ITR within the due date, you can still file a belated return before 31st December of the relevant assessment year. In case you fail to file a belated return, you can still file an updated return within 48 months (4 years) from the end of the relevant assessment year.

The following table explains the purpose and due dates for belated and updated returns.

Basis of Differentiation	Belated Return	Updated Return
Used by	Taxpayers who have missed the original return filing due date	Taxpayers who have missed both original and belated return due dates
Due Date	31st December of the assessment year	31st March of 4 years from the end of assessment year
Due Date for return FY 2025-26	31st December , 2026	31st March 2031

What if ITR Filing has Errors?

Worried that you have already filed ITR and made some mistakes in it? You can easily revise the return that is already filed.

1. Revised Return

• Revised returns allows the assessee to rectify the errors made in the original return filed by the him.
• The due date for filing revised returns is 31st March of the next year.
• Lets understand this with an example. Mr. X has filed his income tax return for the financial year 2025-26 on 30th June, 2026. 
• But on August 1st, he realized that he has not claimed certain deductions in his returns. Therefore, he now has the option to revise the return until 31st March 2027.

2. Updated Return

• If you have missed the last date to file revised return, then you can still file updated return within 48 months from the end of the relevant assessment year.
• You can file an updated return whether or not you have filed an ITR already or not.
• But, in updated return, you cannot claim additional benefits which is not furnished in your original or revised return.
• An updated return cannot be revised further.

Consequences of Missing the ITR Filing Deadline

1. Interest

If you submit your return after the deadline, you will be liable to pay interest at a rate of 1% per month or part month on the unpaid tax amount as per Section 234A.

2. Late Fee

In case of late filing, Section 234F imposes a late fee of

• Rs.5,000, if your total income exceeds Rs. 5 Lakh.
• Rs.1,000, if your total income is within Rs.5 lakh

3. Carry Forward of Losses

• As per the provisions of the Income Tax Act, you can carry forward the losses of the current year to future periods, offset against future profits, thereby reducing the total tax liability.
• These losses include loss on sale of capital assets like properties, stocks, mutual funds, etc, and also business losses.
• If you miss the due date for ITR, you will not be able to carry forward the losses to the future periods.

4. Loss of Reputation

• Delayed filing of return can also affect other facets of your financial reputation. 
• You loan processing and approval might be affected because of delayed tax filing, since it indicates lack of financial discipline. 
• Also, filing ITR after the due date may affect your VISA processing, etc.

ITR Filing Last Date – Income Tax Act 2025 Updates

Though the Income Tax Act 2025 takes effect from 01st April 2026, the provisions of the 1961 act applies for AY 2026-27, as it pertains to income earned up to 31st March 2026. 

Below is the table  comparing sections from Income Tax Act 1961 to those with Income Tax Act 2025. 

Topic	Income Tax Act 1961	Income Tax Act 2025
Interest for late/ non-filing of return	Section 234A	Section 423
Late filing fee	Section 234F	Section 428
Belated  return	Section 139 (4)	Section 263 (4)
Revised return	Section 139 (5)	Section 263 (5)