Don’t miss the New ITR Filing Deadline 2026
ITR Filing Last Dates for FY 2025-26
The due date to file ITR 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)
| ITR Type | ITR Old Deadlines | ITR New Deadlines |
| ITR 1 | 31 July 2026 | 31 July 2026 (No change) |
| ITR 2 | 31 July 2026 | 31 July 2026 (No change) |
| ITR 3 (Non-Audit) | 31 July 2026 | 31 August 2026 |
| ITR 4 (Non-Audit) | 31 July 2026 | 31 August 2026 |
| Audit Cases | 31 October 2026 | 31 October 2026 (No change) |
| Revised Filing Deadline | 31 December 2026 | 31 March 2027 |
| Belated Returns | 31 December 2026 | 31 December 2026 (No change) |
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.
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) |
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