The income tax department on Monday nudged taxpayers with business or professional income who are not subject to audit to file ITRs for AY 2026-27 before August 31. Till August 20, over 2 crore ITR 3 and ITR-4 were filed on the e-filing portal, taking the total Income Tax returns filed for AY27 to over 6.5 crore. This also includes over 5.9 crore ITR-1 and ITR-2, which were filed by the due date of July 31.
“31st August 2026 is the due date for filing ITRs for AY 2026-27 for taxpayers with business or professional income who are not subject to audit. Be the tax hero who files on time,” the I-T department said in a post on X. If a taxpayer falls in the non-audit category, he/she can file the applicable ITR (ITR-3, ITR-4, ITR-5 or ITR-7).
ITR-3 is filed by individuals and Hindu Undivided Families (HUFs) with income from a proprietary business or profession.
ITR-4 is a simpler form that caters to small and medium taxpayers. ITR-5 is filed by firms, Limited Liability Partnerships, and Cooperative Societies. ITR-6 is filed by companies registered under the Companies Act, and ITR-7 by trusts and charitable institutions.