Return of income for companies, other assessees whose accounts must be audited under the Income-tax Act or another law, and partners of audited firms (and clubbed spouses), where no transfer pricing report is required. Due 31 October.
- Who files
- Sl. No. 2 of the due-date table, including audited trusts and other non-profit organisations.
- Applies to
- Companies, Partnership firms, LLPs, Trusts and NGOs, Audit and transfer-pricing cases
- When
- Annually, by the 31st of the 7th month after the financial year
- Form
- ITR-3 / ITR-5 / ITR-6 / ITR-7 (as applicable)
- Law
- Section 139(1) and Explanation 2, Income-tax Act, 1961 (AY 2026-27; Explanation 2 substituted by section 5, Finance Act, 2026); section 263(1)(c), Income-tax Act, 2025 (tax year 2026-27 onward; substituted by Finance Act, 2026)
Chain
Later filings run from this one. Shown for FY 2025-26; record the real date in the overview and they follow it.
- ITR AUDIT ITR - companies and audit cases (31 October) Due 21 Nov 2026
- 1 month before the ITR AUDIT due date 10B/10BB Trust audit report 10B/10BB (1961 Act) Due 21 Oct 2026
- 1 month before the ITR AUDIT due date 3CA-3CD Tax audit report 3CA/3CB/3CD (1961 Act) Due 21 Oct 2026
Cost of a delay
CA$14.93 (Rs 1,000)
- Plus interest 1% a month on the unpaid amount.
- Business and capital losses not carried forward if filed late.
Legal basis of the penalty
Late fee Rs 5,000 (Rs 1,000 where total income does not exceed Rs 5 lakh) under section 234F (1961 Act) / section 428(a) (2025 Act); interest at 1% per month or part on unpaid tax under section 234A / section 423; business, speculation and capital losses cannot be carried forward if the return is late.
Notes and recent changes
Circular 07/2026 covers Sl. No. 2 only; transfer pricing cases (30 November 2026) were not extended. For tax year 2026-27 the date is 31 October 2027 unless extended.