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Tax & Budgetmint - money
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ITR Deadline July 31: 5 Groups Who Must File

July 31 is the last day to file your Income Tax Return for FY2025-26. Even if you earn below the taxable limit, you may still be legally required to file. No extension is expected this year.

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Did you know?

A ₹5,000 late fee is roughly 50 cups of chai — gone just for filing late.

Impact on You
July 31, 2026

Miss this ITR deadline and you pay ₹5,000 in late fees instantly

Key Takeaways

1

Log in to incometax.gov.in today and verify your pre-filled ITR form — correct any mismatches in salary, TDS, or interest income before submitting.

2

Check your Form 26AS and AIS (Annual Information Statement) to ensure all income sources — FD interest, dividends, freelance income — are captured accurately.

3

File before midnight July 31 even if you expect a refund — late filing delays your refund by several months and can attract scrutiny.

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July 31 is the last day to file your Income Tax Return for FY2025-26. Even if you earn below the taxable limit, you may still be legally required to file. No extension is expected this year.

Here's what happened: July 31, 2026 is the ITR filing deadline for salaried individuals and non-audit cases for FY2025-26.. Tax experts have repeatedly warned that no deadline extension is likely this year, unlike 2025 when portal glitches caused a delay.. Missing the deadline triggers a late filing fee of up to ₹5,000 under Section 234F, plus interest on any tax due..

What you should do: Log in to incometax.gov.in today and verify your pre-filled ITR form — correct any mismatches in salary, TDS, or interest income before submitting.. Check your Form 26AS and AIS (Annual Information Statement) to ensure all income sources — FD interest, dividends, freelance income — are captured accurately.. File before midnight July 31 even if you expect a refund — late filing delays your refund by several months and can attract scrutiny..

Even if your income is zero or below ₹2.5 lakh, file a NIL return if you hold foreign assets, have spent over ₹2 lakh on foreign travel, or paid electricity bills above ₹1 lakh in the year — the law mandates filing in these cases.

For readers weighing their credit and loan options, our personal loan guide and CIBIL score resources put this update in context.

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References

  1. [1]
    ITR due date extension 2026 LIVE: Who must file tax return even if their income is not taxable? mint - money · 30 Jul 2026

This article is reported by GoCredit's Editorial Team based on the source above. GoCredit synthesises, contextualises, and adds India-borrower-relevant analysis. We are not the original publisher.

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