Answer

1. F

   Facts

   From AY 2026-27, non-audit business returns are due on 31 August. For audit cases, CBDT extended the tax audit report date to 21 October 2026 and the ITR date to 21 November 2026.

2. P

   Provisions and law

   • Sec 139(1) (now Sec 263(1))Due dates of return; 31 August for non-audit business from AY 2026-27 (Finance Act 2026)
   • Sec 44AB (now Sec 63)Tax audit if business turnover exceeds ₹1 crore, or ₹10 crore where cash receipts and payments are each within 5%
3. A

   Analysis

   A trader with ₹2 crore turnover and no audit had 31 August 2026; a belated return is possible till 31 December 2026. A trader needing audit can still file by 21 November 2026 if the audit report was filed by 21 October 2026. A salaried person with F&O also falls in the business category, so 31 July is not the date.

4. C

   Conclusion

   1. 1Decide whether audit applies
   2. 2Note 31 August or 21 November as your due date
   3. 3File the audit report first if needed
   4. 4File ITR-3 by the due date

Extended dates come from a CBDT announcement; check the latest notification before relying on them.

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.