July 2026 is a crucial month for income tax compliance, with multiple deadlines covering Income Tax Return (ITR) filing, Tax Deducted at Source (TDS) payments, certificates, quarterly statements and prescribed forms. While eligible taxpayers filing ITR-1 and ITR-2 are required to file their returns by July 31, different due dates now apply to other taxpayer categories. The revised filing calendar also extends timelines for non-audit business taxpayers, audit cases and transfer pricing cases.
Key Takeaways: July 2026 Income Tax Deadlines
- July 2026 includes several important income tax compliance deadlines.
- July 31, 2026 is the ITR filing deadline for eligible taxpayers filing ITR-1 and ITR-2.
- Non-audit taxpayers filing ITR-3 and ITR-4 have time until August 31, 2026.
- Multiple TDS-related payments, certificates and statutory forms fall due on July 7, July 15, July 30 and July 31.
- Belated returns can be filed until December 31, 2026, while revised returns are permitted until March 31, 2027.
July 2026 Becomes a Key Month for Income Tax Compliance
July is one of the most important months in the income tax calendar, with several compliance deadlines scheduled throughout the month. These include TDS payments, quarterly statements, certificates, declarations and Income Tax Return (ITR) filing obligations.
The filing schedule for Assessment Year (AY) 2026-27, relating to income earned during Financial Year (FY) 2025-26, now depends on the applicable ITR form instead of following a single filing deadline for all taxpayers.
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ITR Filing Deadlines for AY 2026-27
The revised filing calendar provides different due dates depending on the taxpayer category.
| Category | Due Date |
| ITR-1 & ITR-2 | July 31, 2026 |
| ITR-3 & ITR-4 (Non-Audit) | August 31, 2026 |
| Tax Audit Cases | October 31, 2026 |
| Transfer Pricing Cases | November 30, 2026 |
| Belated Return | December 31, 2026 |
| Revised Return | March 31, 2027 |
The July 31 deadline applies to salaried individuals, pensioners and non-business individual investors required to file ITR-1 (Sahaj) or ITR-2.
Taxpayers having business or professional income who are not subject to audit and file ITR-3 or ITR-4 have an additional month until August 31, 2026.
July 7 Deadlines: TDS Payments and Declaration Uploads
Several compliance requirements fall due on July 7.
These include:
- Deposit of TDS for the April-June 2026 quarter where quarterly payment has been permitted by the Assessing Officer.
- Deposit of tax deducted or collected during June 2026.
- Uploading declarations received in Form 127 (Income-tax Rules, 2026) from buyers during June 2026.
- Uploading declarations received in Form 121 (Income-tax Rules, 2026) during the quarter ending June 2026.
Government offices are required to credit tax deducted or collected to the Central Government on the same day the tax is paid without producing an Income-tax Challan.
July 15 Compliance Requirements
Several statutory filings are scheduled for July 15, 2026.
These include:
- Submission of Form 1 by stock exchanges for client code modification transactions during June 2026.
- Issue of Form 132 certificates for specified taxes deducted in May 2026.
- Filing of Form 147 by authorised dealers reporting foreign remittances made during the April-June 2026 quarter.
- Filing of Form 148 by eligible IFSC units for foreign remittances during the April-June 2026 quarter.
- Filing of Form 92 by specified funds and stock brokers for eligible non-resident investors for the April-June 2026 quarter.
- Submission of Form 137 by government offices that deposited June 2026 TDS/TCS without a challan.
July 30 Deadline for Challan-cum-Statement
July 30, 2026 is the due date for filing the challan-cum-statement in Form 141 relating to specified TDS deducted during June 2026.
July 31: ITR Filing and Other Important Forms
Apart from ITR filing for eligible taxpayers, July 31 also serves as the deadline for several prescribed forms and statements.
These include:
- Form 10E for employees claiming relief under Section 89 of the Income-tax Act, 1961 where salary has been paid in arrears or advance.
- Form 10-EE for exercising the option under Section 89A relating to retirement benefit accounts maintained in a notified country.
- Quarterly TDS statement in Form 144 relating to payments other than salary made to non-residents for the quarter ending June 30, 2026.
- Form 175 by pension funds reporting investments made in India during the quarter ending June 2026.
- Form 10-IA issued by the medical authority for persons with disability, severe disability, autism, cerebral palsy or multiple disability for Sections 80DD and 80U.
- Form 10CCE for resident patentees claiming deduction under Section 80RRB.
- Certificate of foreign inward remittance in Form 10H for eligible authors or patentees claiming deduction under Sections 80QQB or 80RRB.
- Quarterly statement in Form 142 relating to tax deposited on transfer of virtual digital assets under Section 393(1) of the Income-tax Act, 2025.
- Quarterly statement in Form 140 for TDS deducted on non-salary payments including commission, brokerage, professional fees and rent paid to residents.
- Quarterly statement in Form 138 by employers responsible for salary TDS or specified banks in respect of eligible senior citizens.
- Form 3CT relating to transfer of shares or interests in entities deriving substantial value from assets located in India.
- Form 5C relating to attribution of capital gains under Section 45(4).
- Form 10BBD reporting eligible funds received during Previous Year 2025-26.
- Form 10CCD by resident authors claiming deduction under Section 80QQB.
Form 3AF containing particulars of expenditure specified under Section 35D(2)(a) is also required to be furnished where applicable.
Revised Return Window Extended
The filing calendar also provides a longer period for revising returns.
A revised return can now be filed until March 31, 2027. The extended timeline allows taxpayers additional time to correct reporting errors, mismatches or missed claims after filing.
Belated returns may be filed until December 31, 2026.
According to the filing provisions, a belated return attracts a late fee under Section 234F of ₹5,000, or ₹1,000 where total income is below ₹5 lakh, along with interest on unpaid tax wherever applicable.
The filing schedule also notes that filing after the prescribed due date results in the taxpayer being moved to the new tax regime by default and the loss of the ability to carry forward certain losses.
Filing Season Under the Existing Income-tax Act
Assessment Year 2026-27 is the last filing season under the Income-tax Act, 1961. The new Income-tax Act, 2025 took effect from April 1, 2026 and will govern future returns, while the forms used for the current filing season continue under the existing framework.
Taxpayers are advised to reconcile Form 16 with Form 26AS and AIS, compare both tax regimes before filing and complete e-verification within 30 days after submission.
What the July Filing Calendar Means for Taxpayers
The July 2026 compliance calendar brings together ITR filing, TDS obligations, statutory certificates, quarterly statements and prescribed forms within a structured filing schedule. Taxpayers covered under different ITR categories are required to follow their respective due dates while ensuring that all applicable forms and compliance requirements are completed within the prescribed timelines.
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FAQs on July 2026 Income Tax Deadlines
1. Who must file ITR by July 31, 2026?
Eligible salaried individuals, pensioners and non-business taxpayers filing ITR-1 or ITR-2.
2. What is the due date for ITR-3 and ITR-4 (non-audit)?
The due date is August 31, 2026.
3. When is the deadline for filing a belated return?
A belated return can be filed until December 31, 2026.
4. Until when can a revised return be filed?
A revised return may be filed until March 31, 2027.
5. What is the due date for filing Form 141?
Form 141, the challan-cum-statement for specified TDS deducted during June 2026, is due on July 30, 2026.
