Timely filing of Income Tax Returns ensures compliance, avoids interest and penalties, and facilitates smooth processing of refunds. Here are the key due dates for FY 2025-26 (AY 2026-27).

General due date (individuals / HUF / others not requiring audit) 31 July 2026 – This is the due date for most salaried individuals and those with income from house property, other sources, and capital gains (without audit). File your return and pay any self-assessment tax by this date to avoid interest under Section 234A and late fee under Section 234F.

Due date for taxpayers requiring audit 31 October 2026 – If your accounts are required to be audited (e.g. business turnover above specified limits, or certain professional receipts), the due date for filing the return is 31 October 2026. Ensure the audit is completed and the report is uploaded before filing.

Due date for transfer pricing 30 November 2026 – For assessees covered under transfer pricing (e.g. certain international transactions), the return filing due date is 30 November 2026. This allows time for the transfer pricing report and documentation.

Consequences of missing the due date Filing after the due date attracts a late fee of up to ₹5,000 (₹1,000 for income up to ₹5 lakh). Interest under Section 234A is levied for the period of delay. Refunds may be delayed, and in some cases carry-forward of losses may be affected. It is advisable to file on or before the due date and pay any tax due in advance to minimise interest.