The Finance Bill, 2026 has introduced significant changes to due dates for Income Tax Return (ITR) filing — aimed at improving compliance and easing timelines for taxpayers.
📌 Key Proposed Deadlines (Assessment Year 2026–27):
💠 Original Return Filing
* Individuals & HUFs (ITR-1 & ITR-2) — 31 July (unchanged)
* Non-Audit Business Cases & Trusts — 31 August
💠 Revised Return Filing:
* Extended from the existing Dec 31 deadline to 31 March — giving taxpayers 12 months after the end of the tax year to correct returns, with a nominal fee for late revision beyond nine months.
✨ These changes are designed to bring clarity & flexibility to tax compliance timelines.
At Corporate Genie, we monitor updates in the Central Board of Direct Taxes regime so your filings are accurate, timely, and stress-free.
👉 If you’re unsure about how these changes impact your filings, now’s a good time to review your compliance calendar.
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