ITR Last Date for 2026
Filing your Income Tax Return (ITR) on time is very important to avoid penalties and legal issues. For most individual taxpayers in India, the last date to file ITR for FY 2025-26 (AY 2026-27) is expected to be 31st July 2026.
However, for businesses requiring audit, the deadline may be extended to 31st October 2026.
What Happens If You Miss the Deadline?
If you fail to file your ITR before the due date, you can still file a belated return, but with penalties.
Penalty for Late ITR Filing
- ₹1,000: If income is below ₹5 lakh
- ₹5,000: If income exceeds ₹5 lakh
- Interest under Section 234A may also apply
Other Consequences
- Loss of interest on refunds
- Cannot carry forward certain losses
- Possible notices from the Income Tax Department
Conclusion
To avoid unnecessary penalties and stress, always try to file your ITR before the deadline. Early filing also helps in faster refunds.
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