ITR Filing for Businesses & Individuals: Forms & Due Dates 2026

Filing your Income Tax Return (ITR) correctly and on time keeps you penalty-free, speeds up refunds, and builds the financial record banks and investors look for. The right form depends on your income sources and taxpayer type.

Which ITR Form Applies?

• ITR-1 (Sahaj): Salaried individuals with income up to ₹50 lakh from salary, one house property, and other sources.
• ITR-2: Individuals/HUFs with capital gains or more than one house property, no business income.
• ITR-3: Individuals/HUFs with income from business or profession.
• ITR-4 (Sugam): Presumptive income under Sections 44AD/44ADA/44AE.
• ITR-5: Firms, LLPs, and associations of persons.
• ITR-6: Companies (other than those claiming exemption under Section 11).

Due Dates for 2026

• 31 July: Individuals and non-audit taxpayers.
• 31 October: Businesses requiring a tax audit and companies.
• 30 November: Taxpayers with transfer-pricing obligations.
• 31 December: Belated or revised returns (with late fee).

Penalties for Late Filing

• Late fee up to ₹5,000 under Section 234F (₹1,000 if income is below ₹5 lakh).
• Interest at 1% per month on unpaid tax under Section 234A.
• Loss of the ability to carry forward certain losses.

Filing Tips

Reconcile your Form 26AS and AIS before filing, report all bank interest and capital gains, and e-verify within 30 days — an unverified return is treated as not filed.

Statura's tax team files accurate ITRs for individuals, firms and companies and manages TDS reconciliation so nothing is missed.