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The compliance process has changed — timelines or procedures may differ. The substantive law remains the same, but you should update your filing procedures for AY 2026-27 onwards.
Section 139 (1961 Act — AY 2026-27): 31 July 2026 — Other taxpayers (non-audit, no business/profession); 31 August 2026 — Non-audit business / profession cases and qualifying partners; 21 November 2026 — Covered companies, audit cases and qualifying partners (Table Sl. 2); 30 November 2026 — Transfer-pricing report cases. Belated return by 31 December 2026; revised return by 31 March 2027 (or before assessment completes, if earlier). Base dates: Explanation 2 to s.139(1), as amended by Finance Act 2026. For Table Sl. 2 taxpayers only, CBDT Circular No. 07/2026 dated 28 Sep 2026 extends the 31 October return deadline to 21 November 2026; consequently the 30 September tax-audit report deadline becomes 21 October 2026. CBDT Circular No. 07/2026 dated 28 September 2026 formally grants this extension. The e-Filing portal posted it on 29 September 2026; the circular was source-checked on 2 October 2026. Updated-return rules were not re-checked.
Section 263 (2025 Act, as amended by Finance Act 2026; from Tax Year 2026-27): 263(1)(c) due-date table — 31 July / 31 August / 31 October / 30 November, subject to exact conditions. Belated return within 9 months from end of the tax year (263(4), retained); revised return within 12 months, or before assessment completes if earlier (263(5), amended).
139 → 263. For AY 2026-27 the old-Act dates were amended by Finance Act 2026 (non-audit business/profession: 31 Aug; revised: 31 Mar 2027). Under s.263 the revised window was amended to 12 months; the 9-month belated window was retained. Other sub-rules: not checked.
Compliance process, forms, or timelines changed; substantive rights/obligations unaffected.