Miss These 2026-27 Deadlines? You Pay ₹5,000
India's 2026-27 compliance calendar has dozens of tax, GST, and MCA deadlines. Miss even one and you face penalties, interest, or a frozen account. Here's what every salaried person, freelancer, and small business owner must track.
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₹5,000/day late fee = more than most Indians spend on a full month's groceries.
Missing your ITR or GST deadline can cost you this much per day in late fees
Key Takeaways
Save these four dates in your phone right now: June 15 (advance tax Q1), July 31 (ITR for salaried), September 15 (advance tax Q2), October 31 (ITR for audit cases).
Check your Form 26AS and Annual Information Statement (AIS) on the income tax portal to confirm your employer/bank has deposited TDS correctly — mismatches delay your refund.
If you run a GST-registered business or freelance, set a monthly reminder for the 20th to file GSTR-3B — even a nil return must be filed to avoid ₹20-₹50 per day in late fees.
India's 2026-27 compliance calendar has dozens of tax, GST, and MCA deadlines. Miss even one and you face penalties, interest, or a frozen account. Here's what every salaried person, freelancer, and small business owner must track.
Here's what happened: India's 2026-27 compliance calendar covers ITR, TDS, advance tax, GST, and MCA filings — each with its own deadline and separate penalty for missing it.. The ITR deadline for most individuals (non-audit cases) is July 31, 2026; tax audit cases get October 31, 2026 — missing either costs up to ₹5,000 in late fees under Section 234F.. Advance tax is due in four instalments across the financial year; short payment triggers 1% monthly interest under Section 234B and 234C, which adds up fast on larger incomes..
What you should do: Save these four dates in your phone right now: June 15 (advance tax Q1), July 31 (ITR for salaried), September 15 (advance tax Q2), October 31 (ITR for audit cases).. Check your Form 26AS and Annual Information Statement (AIS) on the income tax portal to confirm your employer/bank has deposited TDS correctly — mismatches delay your refund.. If you run a GST-registered business or freelance, set a monthly reminder for the 20th to file GSTR-3B — even a nil return must be filed to avoid ₹20-₹50 per day in late fees..
Filing your ITR before July 31 even if you owe zero tax protects your right to carry forward capital losses — a right you permanently lose if you file late.
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- [1]“CA, CS, CMA | Compliance Calendar 2026-27: Income Tax, GST, MCA, LLP & Key Deadlines” taxguruin · 1 Nov 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.
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