If you are a salaried taxpayer planning to file your Income Tax Return (ITR) for AY 2026-27, experts say it may be smarter to wait until at least June 15.
Filing too early could lead to missing income details, incorrect TDS credits, refund delays, or even tax notices later.
This happens because important tax documents like AIS, Form 26AS, and TIS continue to get updated during the first few weeks of June.
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Why Waiting Till June 15 Can Help
Employers, banks, mutual funds, and other financial institutions usually submit their TDS returns and financial transaction details by May 31.
After that, the Income Tax Department takes time to process and update this information in your tax records.
Because of this, new entries related to:
Salary income
Bank interest
Dividend income
Capital gains
TDS credits
Mutual fund transactions
may continue appearing in AIS and Form 26AS until mid-June.
Tax experts say filing your return before these updates are complete can create mismatches between your ITR and official tax records.
What Problems Can Happen If You File Too Early?
Many salaried taxpayers rush to file their returns as soon as the ITR portal opens.
But experts warn this can cause several issues.
If all data is not updated, taxpayers may:
Miss reporting some income
Claim incorrect TDS credit
Forget bank interest or dividends
Face refund delays
Receive tax notices later
Need to file a revised return
Even small mismatches between your return and the Income Tax Department’s records can trigger unnecessary complications.
Form 16 Is Also Usually Available by Mid-June
Another important reason to wait is Form 16.
Most employers issue Form 16 by June 15 after completing quarterly TDS filings.
This document helps salaried employees verify salary details, deductions, exemptions, and tax paid during the financial year.
Without Form 16, there is a higher chance of errors while filing the return.
Important Checks You Should Do Before Filing ITR
Tax experts suggest that salaried taxpayers should carefully verify all financial details before submitting their returns.
Here are some important checks:
Match AIS, Form 26AS, and TIS details with personal records
Verify salary details using Form 16
Check bank interest, dividends, and capital gains properly
Ensure all TDS credits are reflected correctly
Review old tax regime vs new tax regime benefits
Add all bank accounts in the ITR form
Pre-validate the refund bank account
Verify disclosures related to shares, foreign assets, or directorship if applicable
Experts also advise checking AIS or TIS for duplicate or incorrect entries and correcting them online if needed.
Filing Carefully Can Save Trouble Later
Tax professionals say waiting a few extra days can help taxpayers avoid notices, refund delays, and unnecessary revisions later.
Since tax records continue updating in early June, filing after proper verification is considered the safer and smarter option for salaried employees.