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Pathak Associates
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निर्धारण वर्ष क्या है?

अन्य नाम: AY

निर्धारण वर्ष वह वर्ष है जिसमें पिछले वित्तीय वर्ष की आय पर कर का आकलन होता है — जैसे वित्त वर्ष 2025-26 की आय का निर्धारण वर्ष 2026-27।

Income earned between 1 April 2025 and 31 March 2026 falls in financial year 2025-26 and is assessed in assessment year 2026-27. The return filed in July 2026 therefore says "AY 2026-27" even though it reports the previous year's income.

Selecting the wrong year on the income tax portal is one of the most common filing errors, and it results in the payment sitting against a year with no liability while the correct year shows a demand.

क्यों मायने रखता है

Every challan, return and notice references an assessment year. Getting it wrong means your tax is paid against the wrong period.

एक उदाहरण, आँकड़ों के साथ

Income earned between 1 April 2025 and 31 March 2026, and the labels that apply to it.

आँकड़े उदाहरण के लिए हैं; आपकी स्थिति के अनुसार बदलेंगे।
Financial year (the year you earn)FY 2025-26
Assessment year (the year you file for it)AY 2026-27
Return due date, non-audit31 July 2026
Belated return deadline31 December 2026
Updated return window closes31 March 2031

Selecting AY 2025-26 on a challan for income earned in FY 2025-26 is the single commonest data-entry error in Indian tax, and it puts the payment in the wrong year where the return cannot consume it.

कानूनी स्थिति

प्रत्येक आँकड़े के साथ उसका स्रोत।
मदमानस्रोत
Financial year1 April to 31 MarchSection 3, Income-tax Act 1961
Assessment yearThe 12 months beginning immediately after the financial yearSection 2(9), Income-tax Act 1961
Updated return windowUp to 48 months from the end of the assessment yearSection 139(8A), as extended by Finance Act 2025

इसे इनसे न मिलाएँ

ये शब्द अक्सर एक-दूसरे के लिए इस्तेमाल कर लिए जाते हैं। ये अलग हैं।

Financial year

The financial year is when the income arises. The assessment year is the following year, when it is assessed. Every challan and every return asks for the assessment year, which is always the later of the two.

Calendar year

India's tax year runs April to March, not January to December. A foreign employer's payroll year rarely lines up, which is what makes a first Indian return after relocation confusing.

आम सवाल

Which one do I put on a challan?
The assessment year, always — and it is one higher than the financial year the income belongs to. A payment made in July 2026 for income earned in FY 2025-26 goes under AY 2026-27.
I picked the wrong year. Can it be corrected?
Yes. A challan correction can be requested through the bank within a short window, and afterwards through the assessing officer. Until it is corrected the payment does not reduce the demand it was meant for.

जो अक्सर ग़लत होता है

  • Selecting the financial year on a challan where the assessment year was asked for
  • Filing the wrong year's return entirely after a gap of several years
  • Assuming the updated return window is the same as the belated one — it is years longer, and it exists precisely for old years
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