The belated Income Tax Return filing deadline for AY 2026-27 is December 31, 2026. Missing this date can result in losing tax refunds and incurring penalties. Late filing fees of up to Rs 5,000 will apply to delayed submissions. Failure to file can impact loan and visa applications significantly. Filing before the deadline ensures tax compliance and avoids additional costs.

Over 1.7 crore ITRs filed for AY 2026-27; last date for ITR 1 and 2 is July 31.

ITR filing FY 2025-26: When filing your income tax return, full, accurate and timely reporting of your income and tax dues is important. Failure to file income tax returns within…