Income Tax Act 2025 · Tax Year 2026-27
Tax Calendar 2026-27
Every income tax deadline for Tax Year 2026-27 in one place — advance tax instalments, TDS/TCS return dates, ITR filing deadlines, Form 16 issuance, and audit report submissions. Countdowns update automatically.
July 2026
2 deadlinesTDS / TCS Return — Q1 (Apr–Jun 2026)
File quarterly TDS/TCS statement (Form 24Q / 26Q / 27Q / 27EQ) for deductions/collections during April–June 2026.
ITR Filing — Non-Audit Cases (AY 2026-27)
Last date to file Income Tax Return for Tax Year 2025-26 for individuals, HUFs, and firms not subject to tax audit. Miss this and you pay late filing fees.
August 2026
2 deadlinesTDS / TCS Payment — July 2026 Deductions
Deposit TDS/TCS deducted/collected during July 2026 to the government account.
Form 16A Issue — Q1 (Apr–Jun 2026)
Issue Form 16A (non-salary TDS certificate) to deductees for Q1 of Tax Year 2026-27, within 15 days of the Q1 return due date.
September 2026
3 deadlinesTDS / TCS Payment — August 2026 Deductions
Deposit TDS/TCS deducted/collected during August 2026.
Advance Tax — 2nd Instalment (45% Cumulative)
Total advance tax paid so far must be at least 45% of your estimated full-year tax liability. Shortfall attracts interest under Section 431.
Tax Audit Report (AY 2026-27)
Submit tax audit report (Form 3CA/3CB with 3CD annexure) for Tax Year 2025-26 on the income tax portal. Penalty for non-compliance: 0.5% of turnover (max ₹1.5L).
October 2026
3 deadlinesTDS / TCS Payment — September 2026 Deductions
Deposit TDS/TCS deducted/collected during September 2026.
ITR Filing — Audit Cases (AY 2026-27)
Last date to file ITR for Tax Year 2025-26 for taxpayers whose accounts are required to be audited under the Income Tax Act or any other law.
TDS / TCS Return — Q2 (Jul–Sep 2026)
File quarterly TDS/TCS statement for deductions/collections during July–September 2026.
November 2026
2 deadlinesTDS / TCS Payment — October 2026 Deductions
Deposit TDS/TCS deducted/collected during October 2026.
Form 16A Issue — Q2 (Jul–Sep 2026)
Issue Form 16A to deductees for Q2 of Tax Year 2026-27, within 15 days of the Q2 return due date.
December 2026
3 deadlinesTDS / TCS Payment — November 2026 Deductions
Deposit TDS/TCS deducted/collected during November 2026.
Advance Tax — 3rd Instalment (75% Cumulative)
Total advance tax paid so far must be at least 75% of your estimated full-year tax liability. Three-quarters of the year has passed — check your liability carefully.
Belated / Revised ITR — Last Date (AY 2026-27)
Last chance to file a belated return (if the original was missed) or revise a filed return for Tax Year 2025-26. After this date, no belated or revised return can be filed.
January 2027
2 deadlinesTDS / TCS Payment — December 2026 Deductions
Deposit TDS/TCS deducted/collected during December 2026.
TDS / TCS Return — Q3 (Oct–Dec 2026)
File quarterly TDS/TCS statement for deductions/collections during October–December 2026.
February 2027
2 deadlinesTDS / TCS Payment — January 2027 Deductions
Deposit TDS/TCS deducted/collected during January 2027.
Form 16A Issue — Q3 (Oct–Dec 2026)
Issue Form 16A to deductees for Q3 of Tax Year 2026-27, within 15 days of the Q3 return due date.
March 2027
3 deadlinesTDS / TCS Payment — February 2027 Deductions
Deposit TDS/TCS deducted/collected during February 2027.
Advance Tax — 4th & Final Instalment (100%)
All remaining advance tax must be paid in full. 100% of estimated tax liability must be deposited. Also the single-instalment due date for taxpayers under the presumptive taxation scheme.
Updated ITR (ITR-U) — Last Date for AY 2025-26
Last date to file an Updated Return for Tax Year 2024-25 (AY 2025-26). Updated returns attract an additional tax of 25%–50% on the tax payable but allow disclosure of omitted income.
April 2027
1 deadlineTDS / TCS Payment — March 2027 (Extended Deadline)
Extended deadline for depositing TDS/TCS on deductions/collections made during March 2027. Regular 7th-of-month rule is relaxed for March deductions.
May 2027
2 deadlinesTDS / TCS Return — Q4 (Jan–Mar 2027)
File the final quarterly TDS/TCS statement for January–March 2027. This is the last return for Tax Year 2026-27.
SFT Filing — Statement of Financial Transactions
File Statement of Financial Transactions for high-value transactions during Tax Year 2026-27. Applicable to banks, mutual funds, registrars of property, and other specified entities.
June 2027
2 deadlinesForm 16 Issue to Employees (TY 2026-27)
Employers must issue Form 16 (Parts A & B — annual salary TDS certificate) to all employees for Tax Year 2026-27. Employees need this to file their ITR.
Form 16A Issue — Q4 (Jan–Mar 2027)
Issue Form 16A to deductees for Q4 of Tax Year 2026-27. This is the final quarterly TDS certificate for TY 2026-27.
July 2027
1 deadlineITR Filing — Non-Audit Cases (TY 2026-27)
Primary ITR filing deadline for Tax Year 2026-27 (AY 2027-28). Covers salaried individuals, non-audit businesses, capital gains, house property income. File by this date to avoid late fee of ₹5,000.
September 2027
1 deadlineTax Audit Report (TY 2026-27)
Submit tax audit report for Tax Year 2026-27 on the income tax portal. Required if turnover exceeds ₹1 crore (business) or ₹50 lakh (profession), or where audit is mandated under the Act.
October 2027
1 deadlineITR Filing — Audit & Transfer Pricing Cases (TY 2026-27)
Last date to file ITR for Tax Year 2026-27 for taxpayers subject to tax audit or transfer pricing documentation requirements.
December 2027
1 deadlineBelated / Revised ITR — Last Date (TY 2026-27)
Last chance to file a belated return (if the original was missed) or revise an already-filed return for Tax Year 2026-27. After this date the window closes permanently.
March 2029
1 deadlineUpdated ITR (ITR-U) — Last Date for TY 2026-27
Last date to file an Updated Return for Tax Year 2026-27. ITR-U can be filed up to 2 years from the end of the Assessment Year, with additional tax of 25–50% on incremental liability.