Income Tax Calendar for FY 2026-27: Essential Deadlines to Monitor
Income Tax Deadlines for FY 2026–27: A Comprehensive Calendar
The new financial year, FY 2026–27, has begun, bringing with it a fresh set of income tax deadlines that taxpayers should keep in mind to avoid penalties and last-minute stress.
From TDS deposits and advance tax payments to reporting obligations and income tax return filing, the year involves several key statutory deadlines for individuals, businesses, and financial institutions. Understanding these deadlines is crucial for taxpayers to plan their finances efficiently and make timely investments.
Here is a comprehensive income tax calendar for FY 2026–27:
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
| Deadline | Description |
|---|---|
| April 14, 2026 | Deductors are required to deposit TDS and TCS for deductions made during May 2026 by this monthly deadline. |
| April 30, 2026 | Deductors are required to deposit TDS and TCS for deductions made during April 2026 by this monthly deadline. |
| May 7, 2026 | Deductors are required to deposit TDS and TCS for deductions made during April 2026 by this monthly deadline. |
| May 15, 2026 | Deductors are required to deposit TDS and TCS for deductions made during May 2026 by this monthly deadline. |
| May 30, 2026 | Deductors are required to deposit TDS and TCS for deductions made during May 2026 by this monthly deadline. |
| May 31, 2026 | Deductors are required to deposit TDS and TCS for deductions made during May 2026 by this monthly deadline. |
| June 7, 2026 | Deductors are required to deposit TDS and TCS for deductions made during May 2026 by this monthly deadline. |
| June 15, 2026 | Deductors are required to deposit TDS and TCS for deductions made during May 2026 by this monthly deadline. |
| June 30, 2026 | Deductors are required to deposit TDS and TCS for deductions made during May 2026 by this monthly deadline. |
| July 31, 2026 | All deductors must file quarterly TDS returns for Q1 (April-June 2026) covering all transactions in the period. |
| August 15, 2026 | Assessees must pay the third advance tax instalment bringing cumulative payment to 75 percent of total liability. |
| August 31, 2026 | Business professionals and those with business income (non-audit) can file ITR-3 or ITR-4 by this extended deadline. |
| September 15, 2026 | Assessees must pay the second advance tax instalment bringing cumulative payment to 45 percent of total liability. |
| September 30, 2026 | Quarterly TDS returns for Q2 (July-September 2026) must be filed by all deductors who have made payments. |
| October 31, 2026 | Quarterly TDS returns for Q3 (October-December 2026) must be filed by all deductors who have made payments. |
| November 30, 2026 | Assessees having international transactions must file transfer pricing report in Form 3CEB by this deadline. |
| December 15, 2026 | Assessees must pay the third advance tax instalment requires cumulative payment of 75 percent of estimated tax liability for the year. |
| December 31, 2026 | This is the last date for filing belated ITR for FY 2025-26 (AY 2026-27) with applicable late fees. |
| January 31, 2027 | Salaried employees should submit investment proofs and tax declarations to their employer for FY 2026–27 |
| February 15, 2027 | Employers must deposit PF and ESI contributions for January 2027. |
| March 15, 2027 | Assessees must pay the final advance tax instalment to reach 100 percent of total estimated liability. |
| March 31, 2027 | Last date for tax-saving investments under old regime. Final opportunity for revised/belated filings (as applicable for earlier years). |
This calendar helps taxpayers plan their taxes efficiently, avoid penalties, and make timely investments throughout the financial year.
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