Filing your Income Tax Return (ITR) on time is essential to stay compliant with tax laws and avoid penalties. The ITR filing last date for FY 2025–26 (Assessment Year 2026–27) is an important deadline for all taxpayers. Missing this due date can lead to late fees, interest charges, and loss of certain tax benefits.

In this article, we cover the ITR filing deadlines for FY 2025–26, due dates for different taxpayers, consequences of late filing, and the benefits of filing your return on time or within the extended deadline.

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ITR Filing Deadlines for FY 2025–26 (AY 2026–27)

The ITR filing due date depends on the type of taxpayer. In most cases, individual taxpayers must file their ITR by 31st July 2026. However, businesses, professionals requiring audit, and certain other categories get an extended timeline.

Here’s a detailed overview of the ITR due dates for different taxpayers:

ITR Filing Due Dates – Category-wise

Category

ITR Filing Due Date

Description

Individuals (without audit)

31st July 2026

Salaried individuals and taxpayers without audit requirements

Individuals (with audit)

30th September 2026

Individuals with business/profession requiring audit

Companies

30th September 2026

Applicable to all companies

Trusts

30th September 2026

Trusts and similar entities

Partnership Firms (including LLPs)

30th September 2026

Includes LLPs and partnership firms

Taxpayers with foreign income

30th September 2026

Individuals having foreign income or assets

Small taxpayers (income up to ₹5 lakh)

31st July 2026

No late fee if filed on time

Missing the applicable due date may attract penalties and interest.

Consequences of Missing the ITR Filing Deadline

Failing to file your ITR within the due date can lead to the following consequences:

Late Filing Penalty: A penalty ranging from ₹1,000 to ₹10,000, depending on delay and income level.
Interest on Tax Due: Interest is charged on outstanding tax for every month of delay.
Delay or Loss of Refund: Tax refunds may be delayed or forfeited if filed too late.
Issues in Loans & Visas: ITR is often required for loan approvals, credit cards, and visa applications.
Loss of Carry Forward of Losses: Capital losses and business losses cannot be carried forward if the return is filed late.
Legal Action: In extreme cases, non-filing may lead to legal consequences.

Can I File ITR after the due date?

Yes, you can still file your ITR after the due date under the following options:

Belated Return

If you miss the original deadline, you can file a belated return by 31st December 2026 for FY 2025–26. Late filing penalties and interest will apply.

Extended Deadline

The Income Tax Department may extend the due date for specific categories or all taxpayers in special circumstances.

Revised Return

If you’ve already filed your return but later notice an error, you can file a revised ITR before 31st March 2027.

What if there are errors in my ITR?

If you discover mistakes after filing your ITR:

File a Revised Return: Correct errors before 31st March 2027.
Minor Errors: Small mistakes like bank details can be corrected easily.
Major Errors: Omitted income or wrong deductions may invite scrutiny or penalties.

Filing a revised return at the earliest helps avoid complications.

Benefits of the extended ITR Filing deadline

The extended deadline offers several advantages:

Extra time to collect documents (Form 16, TDS certificates, etc.)
Helps avoid late filing penalties
Reduces last-minute stress
Improves accuracy of income and deductions
Allows better planning for tax-saving investments like PPF, ELSS, and NPS

Conclusion

Being aware of the ITR filing last date for FY 2025–26 (AY 2026–27) is crucial to avoid penalties and loss of tax benefits. While 31st July 2026 is the standard deadline for most individuals, extended timelines apply to audited cases and belated returns.

Filing your ITR on time ensures compliance, faster refunds, and smooth financial documentation. Always keep an eye on official notifications from the Income Tax Department for any deadline extensions.

Frequently Asked Questions (FAQs)

What is the ITR filing deadline for FY 2025–26?

The due date is 31st July 2026 for most individual taxpayers.

Can I file ITR after the deadline?

Yes, you can file a belated return by 31st December 2026, subject to penalties.

What is the penalty for late ITR filing?

The penalty can range from ₹1,000 to ₹10,000, depending on income and delay.

Can I revise my ITR after filing?

Yes, a revised return can be filed before 31st March 2027.

Will I get a refund if I file late?

Yes, but the refund may be delayed.

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