📞 +91 88022 54567 WhatsApp ✉ gaurav@skagandassociates.com
Mon – Sat | 10:00 AM – 7:00 PM
SKAG and Associates
Chartered Accountants

New 31 August return date and a longer window to revise

Taxpayers with business or professional income not liable to audit, and anyone revising a return.

Income tax

What changed

Taxpayers with business or professional income that is not subject to audit now have until 31 August to file their return (31 August 2026 for AY 2026-27). A return for AY 2026-27 can be revised up to 31 March 2027, with a fee under Section 234-I for revisions made after 31 December 2026.

Who is affected

Taxpayers with business or professional income not liable to audit, and anyone revising a return.

Source

Finance Act, 2026. The notification text is on the CBDT website.

Effective: Finance Act 2026 · Note published · Last reviewed 26 September 2026

Related on this site

This note summarises a public notification for general information. It is not professional advice and does not cover every condition or exception, and the rule can change again by a later notification. Read the notification itself before acting on it, or contact the firm with a question on your own facts.

Published by SKAG and Associates, Chartered Accountants, New Delhi · Proprietor CA Gaurav Singh (ICAI M.No. 539050). General information only, not professional advice.

This website is intended solely for the dissemination of basic information regarding SKAG and Associates and is in compliance with the guidelines issued by the Institute of Chartered Accountants of India (ICAI). It is not intended to be a source of advertisement, solicitation or inducement of professional work. The information provided here is general in nature and should not be construed as professional advice. By using this website, the visitor acknowledges that there has been no advertisement, personal communication, solicitation or inducement of any sort whatsoever from the firm or any of its members.