ITR filing due dates for AY 2027-28 (FY 2026-27) follow the same structure as previous years: July 31 for non-audit individuals and HUFs, October 31 for companies and audit cases, November 30 for transfer pricing. Planning ahead for 2027 lets CA firms distribute workload and avoid the last-week rush.
ITR Due Dates for AY 2027-28 at a Glance
| Taxpayer Category | Due Date | ITR Form |
|---|---|---|
| Individual / HUF (no audit, no TP) | 31 July 2027 | ITR-1, ITR-2, ITR-3, ITR-4 |
| Partnership Firm (no audit) | 31 July 2027 | ITR-5 |
| Company (domestic or foreign) | 31 October 2027 | ITR-6 |
| Business / Professional requiring tax audit | 31 October 2027 | ITR-3 / ITR-5 / ITR-6 |
| Taxpayer with transfer pricing report (3CEB) | 30 November 2027 | All relevant forms |
| Belated return (if original missed) | 31 December 2027 | All forms |
| Revised return | 31 December 2027 | All forms |
What Changed for AY 2027-28 vs Previous Years
As of publication, no major changes to ITR due dates have been announced for AY 2027-28. The structure remains the same as AY 2026-27. CA firms should:
- Watch for Budget 2027 announcements (typically February) for any structural changes
- Monitor CBDT circulars between April and July 2027 for any extensions
- Plan workload distribution from April 2027 — do not start ITR season in July
ITR Forms Reference for FY 2026-27
| Form | Who Files | Key Requirement |
|---|---|---|
| ITR-1 (Sahaj) | Resident individual with salary, one house property, other sources; income up to ₹50L | No business income; no capital gains (except LTCG up to ₹1.25L under 112A) |
| ITR-2 | Individuals/HUF with capital gains, multiple properties, foreign income | No business/professional income |
| ITR-3 | Individuals/HUF with business or professional income | Includes proprietors, freelancers |
| ITR-4 (Sugam) | Individuals/HUF/firms under presumptive scheme (44AD, 44ADA, 44AE) | Business income under ₹2 crore / Professional income under ₹50L |
| ITR-5 | Partnership firms, LLPs, AOPs, BOIs | Excludes companies |
| ITR-6 | All companies (except Section 11 exempted) | Mandatory digital filing; DSC required |
| ITR-7 | Trusts, political parties, research institutions under Section 139(4A)–(4F) | Exemption-claiming entities |
Penalty for Missing ITR Due Date
Under Section 234F, late ITR filing after the due date attracts a fee:
- ₹5,000 if ITR is filed after the due date but before 31 December 2027
- ₹10,000 if filed after 31 December 2027 (up to 31 March 2028)
- ₹1,000 if total income does not exceed ₹5 lakh (concessional fee)
Additionally, if there is outstanding tax, Section 234A interest at 1% per month applies from the due date until actual payment date.
How CA Firms Should Plan for the 2027 Season
| Month | Action |
|---|---|
| April 2027 | Begin collecting Form 16, Form 16A, AIS/26AS for salaried clients; start non-audit individual ITRs |
| May–June 2027 | File simple ITRs (ITR-1/2) for salaried and investment clients; begin audit planning for audit clients |
| July 1–25, 2027 | Prioritise all non-audit returns; file before July 28 to avoid portal load |
| August–September 2027 | Complete tax audit reports (Form 3CD) for all 44AB-liable clients |
| October 2027 | File company and audit-case ITRs; complete GSTR-9C preparation |
TaxZeo's compliance calendar tracks every client's ITR due date, audit status, and document collection progress—so your team starts early and files on time.
Start Free TrialFrequently Asked Questions
Can the ITR due date be extended beyond July 31?
Yes, CBDT has extended the July 31 due date in several years—including FY 2019-20 (COVID) and some other years citing portal technical issues. However, extensions are not guaranteed. CA firms should plan to file all non-audit ITRs by July 25 to avoid the last-minute rush and portal congestion regardless of whether an extension comes.
What is the consequence of filing ITR-1 when ITR-2 was required?
Filing under the wrong ITR form is considered a defective return under Section 139(9). The income tax department will issue a defect notice (under Section 139(9)), and the taxpayer has 15 days to file the correct ITR. If not corrected, the original return may be treated as invalid—potentially triggering belated return status and Section 234F fees.
Is there a penalty for using belated return to claim a refund?
No penalty specifically for claiming refund in a belated return. However, refund with interest under Section 244A is calculated from April 1 of the AY (for TDS refunds) or from the date of payment of excess tax—so filing early maximizes the interest period on refund. Late filing fee under Section 234F applies regardless of refund or payable status.