ITR Filing Online for AY 2026-27 – Prepared & Reviewed by CAs

For FY 2025-26, the due date was 31 July 2026 for ITR-1 and ITR-2 filers and 31 August 2026 for business or professional income without tax audit. For tax audit cases, CBDT has extended the date from 31 October to 21 November 2026 (Circular 07/2026); transfer pricing cases have till 30 November 2026. A belated return can be filed till 31 December 2026.

Yes. You can file a belated return till 31 December 2026 with a late fee of ₹5,000 (₹1,000 if total income is up to ₹5 lakh) and interest on any unpaid tax. Losses other than house property loss cannot be carried forward, and the old regime is not available to those without business income. After 31 December 2026, only an updated return (ITR-U) can be filed.

ITR-1 for resident individuals with income up to ₹50 lakh from salary, up to two house properties and interest; ITR-2 if you have capital gains, foreign assets or are an NRI or director; ITR-3 for business or professional income including F&O; ITR-4 for presumptive income under 44AD, 44ADA or 44AE up to ₹50 lakh. Our CA confirms the right form before filing.

Under section 234F, the late fee is ₹5,000, reduced to ₹1,000 if your total income does not exceed ₹5 lakh. No fee applies if your income is below the basic exemption limit. Interest under section 234A at 1% per month is also charged on any tax still unpaid.

The new regime is the default and makes income up to ₹12 lakh tax-free (₹12.75 lakh for salaried) through the 87A rebate. The old regime can be better if your deductions, such as 80C, 80D, HRA and home-loan interest, are large. We calculate tax under both and file under the cheaper one where the law allows: without business income you can choose each year in a return filed by the due date; with business income, opting out needs Form 10-IEA by the due date and switching back to the new regime is allowed only once.

Usually not, but filing is compulsory in some cases even below the limit — for example deposits over ₹1 crore in current accounts or ₹50 lakh or more in savings accounts, foreign travel spend over ₹2 lakh, electricity bills over ₹1 lakh, or TDS/TCS of ₹25,000 or more (₹50,000 for senior citizens). You must also file to claim a TDS refund.

The refund is processed by CPC, Bengaluru after your return is e-verified and is credited to a pre-validated bank account linked to your PAN. Many refunds arrive within a few weeks, but the timing is decided by the department. A delayed refund usually earns interest under section 244A.

Yes. For AY 2026-27 a revised return can be filed till 31 March 2027 to correct mistakes or missed income. Under the Finance Act 2026, a fee may apply to revisions made after 31 December 2026, so it is best to correct errors early. If the error was ours, we revise free; revisions for new information are quoted separately.

An updated return lets you report income you missed within 48 months from the end of the assessment year, by paying additional tax of 25%, 50%, 60% or 70% of the extra tax and interest depending on the delay. It cannot be used to claim or increase a refund or to file during assessment or search proceedings.

No. The Income-tax Act, 2025 applies from 1 April 2026, but returns for FY 2025-26 (AY 2026-27) are filed under the Income-tax Act, 1961 and the existing ITR forms. Income earned from 1 April 2026 falls under the new Act and will be reported in 2027.

You send your documents, our CAs prepare and file the return, and you e-verify it with an Aadhaar OTP.

PAN, Aadhaar, Form 16 or salary slips, Form 26AS / AIS, bank statements and investment proofs.

Plans start at ₹699 + GST. The final fee depends on your income sources.

Yes. We check which ITR form applies to you and which tax regime saves you more tax.