ITR 2026-27: 3 Deadlines — Which One Is Yours?
For AY 2026-27, there are three different ITR deadlines depending on your income type. Salaried people must file by July 31. Business owners without audit have until August 31. Those needing a tax audit get until October 31. Missing any deadline means penalties.
₹5,000 fine = 50 cups of cutting chai at your favourite tapri. File on time.
Missing your ITR deadline costs you this much in late filing fees
Key Takeaways
Check which ITR form applies to you — salaried (ITR-1/2), freelancer/business (ITR-3/4) — and mark the correct deadline in your calendar today.
Collect your Form 16, AIS statement, bank interest certificates, and capital gains statements now so you are not scrambling in July.
File before the deadline to avoid a ₹5,000 late filing fee under Section 234F, plus interest on any tax due under Sections 234A, 234B, and 234C.
For AY 2026-27, there are three different ITR deadlines depending on your income type. Salaried people must file by July 31. Business owners without audit have until August 31. Those needing a tax audit get until October 31. Missing any deadline means penalties.
Here's what happened: The Income Tax Department has set July 31, 2026 as the deadline for salaried individuals filing ITR-1 or ITR-2 for AY 2026-27.. Self-employed and small business owners filing ITR-3 or ITR-4 without an audit requirement must file by August 31, 2026.. Taxpayers whose accounts require a statutory tax audit — typically businesses above ₹1 crore turnover — have until October 31, 2026..
What you should do: Check which ITR form applies to you — salaried (ITR-1/2), freelancer/business (ITR-3/4) — and mark the correct deadline in your calendar today.. Collect your Form 16, AIS statement, bank interest certificates, and capital gains statements now so you are not scrambling in July.. File before the deadline to avoid a ₹5,000 late filing fee under Section 234F, plus interest on any tax due under Sections 234A, 234B, and 234C..
Even if you have no tax to pay, a belated ITR filed after July 31 locks in a ₹5,000 penalty and bars you from carrying forward capital loss to next year — file early to protect both.
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- [1]“ITR filing deadline for AY 2026-27: July 31, August 31 or October 31? Check which date applies for you” mint - money · 17 Jun 2026
This article is reported by GoCredit's Editorial Team based on the source above. GoCredit synthesises, contextualises, and adds India-borrower-relevant analysis. We are not the original publisher.