What is the ITR-2 due date for AY 2026-27?

31 July 2026 for ITR-1 and ITR-2 filers not subject to audit. A belated or revised return can generally be filed up to 31 December 2026.

Is the ITR-3 due date the same as ITR-2 for AY 2026-27?

No. From AY 2026-27 the non-audit calendar is split: ITR-1 and ITR-2 are due 31 July 2026, while ITR-3 and ITR-4 filers not liable to a 44AB tax audit are due 31 August 2026. This is a statutory amendment to section 139(1) by the Finance Act, 2026, not a CBDT extension. If you hold US RSUs or ESPP and also have business or professional income — freelancing, consulting, or F&O/intraday trading — you file ITR-3 and have until 31 August 2026.

Is there a penalty for filing Schedule FA late?

A late return attracts a late-filing fee under Section 234F, but the bigger risk is the Black Money Act: non-disclosure of a foreign asset can attract a flat ₹10 lakh penalty per year, so file Schedule FA even if late.

Schedule FA Deadline for AY 2026-27 (FY 2025-26)

Q: Can I add Schedule FA in a revised return?

Yes. If you already filed but missed Schedule FA, file a revised return before the revised-return deadline (normally 31 December of the assessment year) to add it.

4 min read · Updated July 2026

Schedule FA is part of your income tax return, so its deadline is the ITR filing deadline. For US RSU / ESPP / Fidelity holders that means ITR-2 — or ITR-3 if you also have business or professional income.

New for AY 2026-27: the two forms no longer share a date. The Finance Act, 2026 amended section 139(1) to split the non-audit calendar — ITR-1 / ITR-2 are due 31 July 2026, but ITR-3 / ITR-4 filers not liable to a 44AB audit are due 31 August 2026. This is a permanent statutory change, not a CBDT extension. If you hold RSUs and have freelance, consulting, proprietorship or F&O income, 31 July is not your date.

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Key dates — AY 2026-27

Return	Who	Normal due date
ITR-1 / ITR-2 (no audit)	Salaried, capital gains, foreign assets — no business income	31 July 2026
ITR-3 / ITR-4 (no audit)	Business or professional income — freelancing, consulting, proprietorship, F&O / intraday	31 August 2026
Cases requiring a 44AB audit	Turnover / profit thresholds crossed	31 October 2026
Belated return — s.139(4)	Anyone who missed their date above	31 December 2026
Revised return — s.139(5)	Filed on time, but Schedule FA missing or wrong	31 December 2026

These are the statutory dates and can be extended by CBDT notification. Always confirm on incometax.gov.in before filing.

Already filed but forgot Schedule FA?

File a revised return before the revised-return deadline and add Schedule FA. This is far better than leaving it out — a missing foreign-asset disclosure is what the Black Money Act penalises, regardless of whether your tax was paid.

Penalties for being late

Section 234F late fee: up to ₹5,000 for a belated return (₹1,000 if total income is up to ₹5 lakh).
Section 234A/B/C interest on any unpaid tax.
Black Money Act: the real risk — a flat ₹10 lakh per year for failing to disclose a foreign asset. File Schedule FA even if you are late.

₹10 lakh is a steep price for a late upload — do it now, takes 2 minutes. Generate your Schedule FA →

Don't leave it to the last week

Schedule FA needs per-lot acquisition dates, SBI TTBR rates on each event date (exact-date rule, not Rule 115), the Dec 31 closing balance, and peak values. Gathering this in July is stressful. itrfa.in does it from your Fidelity CSVs in minutes.

FAQ

31 July 2026 for non-audit ITR-1 / ITR-2 filers (FY 2025-26), unless extended. Belated/revised generally up to 31 December 2026.

No — not from AY 2026-27. Non-audit ITR-3 / ITR-4 filers are due 31 August 2026, a month after ITR-1 / ITR-2, under the Finance Act, 2026's amendment to section 139(1). Schedule FA itself is identical in both forms.

Yes — file a revised return before the deadline (normally 31 December of the AY) to add it.

Section 234F late fee applies, but the bigger risk is the Black Money Act's ₹10 lakh/year for non-disclosure — so file Schedule FA even if late.

Beat the deadline — Schedule FA in 2 minutes

Upload your Fidelity CSVs. ITRFA.in computes Table A2, A3, F with correct SBI TTBR rates and exports ITR-ready JSON + Excel.

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Related guides

Informational only. Statutory dates may be extended by CBDT; confirm on incometax.gov.in. Consult a chartered accountant for your situation.