With the new financial year 2026–27 underway, salaried individuals are once again preparing for income tax compliance. While most taxpayers focus only on filing their Income Tax Return (ITR), several other important deadlines—like TDS, advance tax, and reporting obligations—also play a crucial role.
Missing these dates can lead to penalties and unnecessary stress. Here’s a complete, easy-to-understand guide to all the major tax deadlines you must remember for FY 2026–27.
Filing your ITR on time is just one part of tax compliance. There are multiple timelines throughout the year that ensure smooth tax management.
If you miss deadlines:
Planning in advance helps you stay stress-free and financially organized.
The financial year begins with several important tasks:
These early steps set the tone for the rest of the year.
Missing this deadline may attract penalties and late fees, so it’s crucial to file on time.
These months are critical for businesses and individuals with additional income sources.
The last quarter is all about optimizing your tax savings.
This is your final chance to reduce taxable income under the old tax regime.
| Date | Task |
|---|---|
| June 15 | First advance tax installment |
| July 31 | ITR filing (non-audit cases) |
| September 15 | Second advance tax (45%) |
| October 31 | ITR filing (audit cases) |
| December 15 | Third advance tax (75%) |
| December 31 | Revised/belated ITR |
| March 15 | Final advance tax (100%) |
| March 31 | Tax-saving investment deadline |
Tax compliance is not a one-day activity—it’s a year-round process. By keeping track of all key deadlines, you can avoid penalties, maximize savings, and manage your finances more effectively.
Make sure to mark these dates on your calendar and plan ahead. A little discipline today can save you money and stress tomorrow.
