ITR Forms for AY2026-27 Are Live — File Early?
The Income Tax department has released all ITR forms for Assessment Year 2026-27 — covering income earned in FY 2025-26. Excel utilities for ITR-1 and ITR-4 are already available. Filing early means faster refunds and fewer last-minute errors.
The ₹5,000 late fee could cover 2 months of your morning chai and breakfast runs.
Miss this ITR deadline and you pay up to ₹5,000 in late fees — every year
Key Takeaways
Visit incometax.gov.in right now, download the correct ITR form for your income type, and cross-check it against your Form 26AS and AIS.
Collect all documents — Form 16 from employer, bank interest certificates, home loan statements, and investment proofs — before you start filling the form.
If you expect a tax refund, file as early as possible — early filers typically receive refunds within 2–4 weeks versus months for last-minute filers.
The Income Tax department has released all ITR forms for Assessment Year 2026-27 — covering income earned in FY 2025-26. Excel utilities for ITR-1 and ITR-4 are already available. Filing early means faster refunds and fewer last-minute errors.
Here's what happened: All ITR forms for AY2026-27 (covering FY2025-26 income) have been officially notified by the Income Tax department.. Excel-based offline utilities for ITR-1 (salaried, income up to ₹50 lakh) and ITR-4 (small business, presumptive income) are now available on the e-filing portal.. The deadline to file without penalty remains 31 July 2025 for most individual taxpayers not subject to audit..
What you should do: Visit incometax.gov.in right now, download the correct ITR form for your income type, and cross-check it against your Form 26AS and AIS.. Collect all documents — Form 16 from employer, bank interest certificates, home loan statements, and investment proofs — before you start filling the form.. If you expect a tax refund, file as early as possible — early filers typically receive refunds within 2–4 weeks versus months for last-minute filers..
Pre-fill your ITR using the AIS (Annual Information Statement) on the portal — it already captures your salary, dividends, and interest income, so you just verify, not type.
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- [1]“ITR: Income-Tax department notifies all forms for AY27 — Here's how you can file your returns online” mint - money · 17 May 2026
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