Income Tax Return Due Dates under Income Tax
[Section 263(1)(c)] |
|
Tax Year 2026-27 [Financial Year ending on 31-03-2027]
|
Sr No |
Class of Assessees |
Due Date |
| 1. |
An assessee, corporate or non-corporate including partners of the firm or the spouse of such partner, if section 10 applies to such spouse, who is required to furnish a report under section 172 |
30-11-2027 |
| 2. |
Any company, other than covered in (1) above |
31-10-2027 |
| 3. |
Any assessee, other than covered in (1) and (2) above,- whose accounts are to be audited under this Act or any other Act,
- who is a partner of the firm whose accounts are required to be audited,
- who is a spouse of a partner of the firm whose accounts are required to be audited, if the provisions of section 10 applies.
|
31-10-2027 |
| 4. |
Any assessee, other than covered in (1), (2) and (3) above,- having income from profits and gains of business or profession and whose accounts are NOT required to be audited under this Act or any other Act,
- who is a partner of the firm whose accounts are NOT required to be audited,
- who is a spouse of a partner of the firm whose accounts are NOT required to be audited, if the provisions of section 10 applies.
|
31-08-2027 |
| 5. |
Any assesee, other than covered in (1), (2), (3) and (4) above |
31-07-2027 |
| 6. |
Belated return of income |
31-12-2027 or before completion of assessment, whichever is earlier |
| 7. |
Revised return of income |
31-12-2027 or before completion of assessment, whichever is earlier |
Between 01-01-2028 to 31-03-2028 or before completion of assessment, whichever is earlier,
subject to payment of late fee of- Rs.1,000/-, if the total income of such person does not exceed five lakh rupees;
- Rs.5,000/-, in any other case.
|
| 8. |
Updated return of income
with additional income-tax @25% |
31-03-2029 or before any proceeding for assessment or reassessment or recomputation or revision of income under this Act is initiated or has been completed, whichever is earlier |
Updated return of income
with additional income-tax @50% |
31-03-2030 or before any proceeding for assessment or reassessment or recomputation or revision of income under this Act is initiated or has been completed, whichever is earlier |
Updated return of income
with additional income-tax @60% |
31-03-2031 or before any proceeding for assessment or reassessment or recomputation or revision of income under this Act is initiated or has been completed, whichever is earlier |
Updated return of income
with additional income-tax @70% |
31-03-2032 or before any proceeding for assessment or reassessment or recomputation or revision of income under this Act is initiated or has been completed, whichever is earlier |