Nepal changed its timezone at the beginning of 1986. The following table is copied from the tzdata package:
# Zone NAME GMTOFF RULES FORMAT [UNTIL]
Zone Asia/Kathmandu 5:41:16 - LMT 1920
5:30 - IST 1986
5:45 - NPT # Nepal Time
That means that on Jan 1 1986 the time from 00:00:00 to 00:14:59 is not valid. The following two commands show, that the first day of 1986 started with 00:15:00:
$ TZ=Asia/Kathmandu date -d '1985-12-31 23:59:59' '+%s'
504901799
$ TZ=Asia/Kathmandu date -d '1986-01-01 00:15:00' '+%s'
504901800
So the error message of date is correct. The date is invalid in this timezone. I am not sure what you are doing with the result of this command. However, you can try to use UTC because all dates are valid and unambiguous in UTC:
$ TZ=UTC date -d '1986-01-01'
Wed Jan 1 00:00:00 UTC 1986
date -d "1986-01-01" "+%Y"?TZ=Asia/Kathmandu date -d '1986-01-01'. Most likely it has something to do with the fact that Nepal changed the timezone in 1986.invalid datefrom1986-01-01to1986-01-01 00:09:59.1986-01-01 00:10:00is already OK.