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Financial Year Calculator

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Indian financial year, assessment year, quarter and ITR due date for any date

Estimates only, not financial advice. What you type stays on your device. Checked against sources on 30 Oct 2026.

India's financial year runs from 1 April to 31 March, and the assessment year is the year after it. Pick any date to see its FY, AY, quarter and days left until 31 March: 30 September 2026 falls in FY 2026-27, Q2, with 182 days left and the return due 31 July 2027.

Next:
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  • HRA Exemption Calculator How much of your HRA is tax-free, with the least-of-three rule shown
  • India Income Tax Calculator Old regime against new regime, side by side, with the slab-wise working shown

Rates and rules read from the sources listed on this page (the earliest on 30 Oct 2026); they may have changed since.

How to find the financial year for a date in India

1

Pick a Date, or leave it on today; the Today button brings it back.

2

Press One year back or One year on to move the date by a year.

3

Read the Financial year with its start and end, the Quarter and Days left to 31 March.

4

Check the return due dates for that year; they follow the Income-tax Act and Finance Bill 2026 under Sources.

About the Financial Year Calculator

Indian accounts, tax and most company reporting run on a financial year from 1 April to 31 March. January to March therefore belong to the year that started the April before, which is where most mix-ups happen. Enter a date, or leave it on today, and the calculator shows the financial year it falls in, the assessment year, the quarter, the day number and how many days are left until 31 March. It runs in your browser and nothing is sent anywhere.

Assessment year. Income earned in a financial year is assessed in the following year: FY 2025-26 is AY 2026-27. Returns, challans and notices under the Income-tax Act 1961 are labelled by assessment year.

Tax year from April 2026. The Income-tax Act 2025 applies to income from 1 April 2026 and drops the words "previous year" and "assessment year". Income of FY 2026-27 is "tax year 2026-27", and incometax.gov.in says its returns are due in July 2027. The calculator shows both names, because forms and software will use each for some time.

Return due dates. The Finance Act 2026 set three dates, confirmed on incometax.gov.in for AY 2026-27:

Who files Due date in the year after the FY
Salaried, pension, house property, capital gains (ITR-1, ITR-2) 31 July
Business or profession with no audit, from FY 2025-26 31 August
Accounts that must be audited 31 October

Before FY 2025-26, business cases without audit also had 31 July. The Central Board of Direct Taxes (CBDT) has extended the date by order in some years, so check incometax.gov.in before relying on it.

Quarters. Q1 is April to June, Q2 July to September, Q3 October to December and Q4 January to March, the same quarters used for TDS returns and company results.

What it does not do. It does not work out tax, interest or late fees, and it does not cover advance-tax instalments or a company's own accounting year.

Frequently asked questions

What is the current financial year in India?

India's financial year runs from 1 April to 31 March. On 30 September 2026 the current financial year is FY 2026-27, which ends on 31 March 2027. January, February and March always belong to the year that began the April before, so 15 February 2027 is still FY 2026-27.

What is the difference between financial year and assessment year?

The financial year is when income is earned; the assessment year is the next year, when that income is assessed and the return is filed. FY 2025-26 is AY 2026-27. Under the Income-tax Act 2025, which applies from April 2026, the earning year is called the tax year and the assessment year label is no longer used.

What is the last date to file ITR?

For salaried people and others without business income, filing ITR-1 or ITR-2, the due date is 31 July after the financial year ends. Business or professional income that needs no audit has 31 August from FY 2025-26, and audited accounts have 31 October. CBDT sometimes extends a date, so check incometax.gov.in.

Which quarter of the financial year is it?

Quarters of the Indian financial year start in April. Q1 is April to June, Q2 is July to September, Q3 is October to December and Q4 is January to March. These are the quarters used for TDS returns, GST quarterly filing and company results. A date in August is in Q2.

What is tax year under the new Income-tax Act?

Tax year is the Income-tax Act 2025 name for the twelve months from 1 April to 31 March in which income is earned, replacing previous year and assessment year. Income from April 2026 to March 2027 is tax year 2026-27, and incometax.gov.in says its returns are due in July 2027.

Financial year kaise pata kare kisi date ka?

Look at the month. From April to December the financial year starts in that same calendar year; from January to March it started the year before. So 10 March 2027 is FY 2026-27. To see the financial year kaise pata kare automatically, enter the date here and read the FY, AY and quarter.

Sources

  • Income Tax Department, Income Tax Returns help page
  • Memorandum to the Finance Bill, 2026 (return due dates)

Applies to: India. Last verified 30 October 2026.

Figures from Income Tax Department, Income Tax Returns help page and Memorandum to the Finance Bill, 2026 (return due dates), read 30 October 2026. Built by Saifuddin, Omnikit.

Rates and rules change; check the source before you rely on a figure.

Still stuck? Ask about Financial Year Calculator and anybody who knows can answer. No account needed.

Also works as: Assessment Year Calculator · FY and AY Calculator · Which Financial Year Is It?.

Same job, other tools: Old vs New Tax Regime Calculator – Which regime costs you less this year, and by how much.

On the related tools: GST Inclusive Calculator – Split a price that already includes GST into value and tax · TDS on FD for Senior Citizens – Whether a bank deducts TDS on a senior citizen’s FD interest under the ₹1 lakh limit.

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