Are you planning to file your ITR right now?

Wait...!








Although ITR-1 and ITR-4 have been enabled by the Income Tax Department for A.Y. 2026-27, taxpayers are advised not to file their Income Tax Returns immediately and should preferably wait at least until 10th June 2026.

Why should you wait before filing your ITR?

  1. TDS/TCS details may not yet be fully reflected in Form 26AS and AIS/TIS.

  2. Banks, employers, and financial institutions may still be updating data relating to interest income, salary, dividends, and other transactions.

  3. Form 16 may not yet have been issued by all employers.

  4. AIS/TIS data may continue to get updated during the initial weeks.

  5. The Income Tax Department may release updates, corrections, or changes in ITR utilities and validations.

  6. Early filing without proper reconciliation may lead to defective returns, mismatch notices, or the need to file Revised Returns later.

Therefore, it is advisable to wait until complete tax information is properly updated and reconciled before filing your ITR.

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