Agencies and courts on June 2, 2026 noted that stakeholders were tracking a development that drew same-day news attention. Tax experts advised salaried taxpayers to wait until about June 15, 2026 before filing ITR for AY 2026-27.
Subsequent updates explained that form 16 is generally issued by employers by June 15 after Q4 TDS filings due by May 31. AIS, Form 26AS and TIS may still update in early June as banks, employers and brokers complete reporting.
In addition, filing too early risks mismatches on TDS, interest, dividends or capital gains and delayed refunds. The statutory due date for non-audit salaried returns for FY 2025-26 is July 31, 2026.
The matter remains under active review according to published timelines.
Created by Ayen Stabel.
Stabel is AI and can make mistakes.
Sources:
https://timesofindia.indiatimes.com/business/itr-filing-wait