July 2026 Important Due Dates
July 2026 is the most critical compliance month in India's tax calendar. It marks simultaneous deadlines across Income Tax (ITR filing), GST monthly returns, TDS deposits under the new Income Tax Act 2025, and the MCA's amnesty scheme (CCFS-2026) closing on July 15. With multiple regulatory domains converging, precision planning is non-negotiable.
This guide organizes July 2026 compliance by category, with extended focus on July-specific deadlines and cross-references to broader compliance windows (belated returns until December 31, revised returns until March 31, 2027). Prepared by Shahnawaz and Associates, this tracker protects your organization from operational friction and penalties.
⚡ Critical July Deadlines at a Glance
INCOME TAX
Filing of ITR 1 and 2 for FY 2025–26 (Tax Year 2026–27) must be completed by July 31, 2026. The new Income Tax Act 2025 (effective April 1, 2026) restructures return filing frameworks, introduces "Tax Year" terminology (replacing "Previous Year/Assessment Year"), and consolidates penalties under Section 428 (formerly Section 234F). Non-compliance triggers ₹5,000 penalty (₹1,000 if income < ₹5 lakh) and restrictions on loss carry-forward.
📅 Extended Deadlines Under New Act (2025):
Original Filing (ITR-1/2): 31 July 2026
Belated Return Filing: 31 December 2026 (with applicable penalties)
Revised Return Filing: 31 March 2027 (with additional fees under Section 428)
Updated Return (ITR-U): Up to 48 months from end of Tax Year (new option under 2025 Act for voluntary disclosure)
| Due Date | Form | Category | Description |
|---|---|---|---|
| 31 Jul 2026 | ITR-1 (Sahaj) | Salaried | Individuals with salary, house property, or other income not exceeding ₹50 lakh. Simplified 3-page form. Early filing (by July 15) recommended to avoid portal congestion and secure faster refunds. |
| 31 Jul 2026 | ITR-2 | Capital Gains | Taxpayers with capital gains (equity shares, property, mutual funds), rental income, or income from sources other than business/profession. Requires detailed Schedule CG (capital transactions) and property schedules. |
| 31 Aug 2026 | ITR-3 / ITR-4 | Business (Non-Audit) | Proprietors & professionals with business/professional income not subject to statutory audit (turnover < ₹1 crore proprietors; < ₹2 crore professionals). Extended deadline by 1 month from ITR-1/2. Use July for complete documentation assembly and profit reconciliation. |
| 31 Oct 2026 | ITR-3/ITR-4/ITR-5 | Audit Cases | Entities subject to tax audit (Section 44AB) or transfer pricing compliance. Coordinate with CA for audit completion by September. October filing provides 2-month window post-audit closure. |
| 31 Dec 2026 | Belated ITR Filing | Late Filing | Last opportunity under new Act: File belated return until 31 December 2026 if missed July/August deadlines. Penalties apply (₹5,000 / ₹1,000 based on income). Loss carry-forward and certain benefits are forfeited. |
| 31 Mar 2027 | Revised Return Filing | Revision | File revised return if errors discovered after original filing. Section 428 (new Act) allows filing revised return until 31 March 2027 (extended from December 31 under old Act). Additional fees and statutory interest apply. |
1. Reconcile AIS data with personal records
2. Cross-check 26AS against all TDS certificates
3. Gather Form 16 and Form 16A from employers
4. Consolidate investment proofs (80C: LIC, PPF, NSC, ELSS)
5. Prepare capital gains documentation (share statements, conveyance deeds)
6. Compile house property schedules (rent, property tax, repairs)
7. Reconcile bank statement balances
8. Test-file return 2 days before deadline
TDS — Tax Deducted at Source (Income Tax Act 2025 Compliance)
New Income Tax Act 2025 consolidates all TDS provisions: Section 392 governs salary withholding, Section 393 covers all non-salary payments, and Section 394 manages Tax Collected at Source (TCS). The TDS deposit deadline is July 7 for Jun , 2026 and to File TDS return for Q1 (Apr-May-Jun) is July 31 . No change in rates or thresholds, but section references and reporting codes have changed entirely—use new code-based system, not old section numbers.
• Do NOT quote old sections (194C, 194J, 194H, etc.) for Q1 deposits
• Use new Section 393 (Item Code Table) for all payments from April 1, 2026 onwards
• Old section quotes trigger system validation errors and reconciliation failures
| Due Date | Form / Payment | Category | Description |
|---|---|---|---|
| 7 Jul 2026 | Challan ITNS 281N (Q1 TDS) | Salary TDS | Section 392 (New Act): Deposit salary TDS deducted April–June 2026. Covers employee deductions (tax bands) and employer contributions (12% default). Report using code-based system, not old section references. |
| 7 Jul 2026 | Challan ITNS 281N (Q1 TCS) | TCS Collection | Section 394 (New Act): Deposit TCS collected on specified transactions (e-commerce, cash withdrawals, scrap sales, alcoholic liquor—rates updated in Budget 2026). Applicable on eligible payment chains during April–June 2026. |
| 7 Jul 2026 | Form 141 (Schedule B/C/D) | Property/Rent/Contractor TDS | Section 393(1) [Table Items 6–8]: Deposit TDS on property acquisitions (>₹50 lakh), rent payments (>₹50K monthly), contractor payments (>₹50 lakh), and crypto/VDA transfers (1% TDS). Must use new section coding under Act 2025. |
| 15 Jul 2026 | Form 132 (TDS Certificate) | Certificate Issue | Section 392(11) / 393(11) (New Act): Issue TDS certificates for May 2026 withholdings to employees and payees. Replaces old Form 16/16A. Digital issue required; hardcopy optional. Late issuance attracts ₹500/day penalty. |
| 31 Jul 2026 | Form 24Q 26Q 27Q 27EQ (Q1 Statement) | Quarterly TDS Return | Section 392 (New Act): File quarterly statement of TDS deducted on salary, Non salary, Non Residents,etc for Q1 (April–June 2026). . |
• Form 121 replaces old Form 15G/15H (nil TDS declaration)
• Certificate format simplified under Section 392(11)
• Code-based reporting mandatory (table-driven system)
• TDS deposit timelines unchanged (7th of following month)
• Interest on late deposit: 1% per month from due date
GST — Goods & Services Tax (Monthly & Quarterly Filers)
July consolidates Q1 GST compliance cycles. Monthly filers track two critical dates: GSTR-1 (11th, outward supplies) and GSTR-3B (20th, liability settlement). Quarterly QRMP-registered taxpayers (turnover ≤ ₹5 crore) file GSTR-1 and GSTR-3B by state-designated deadlines (13th, 22nd/24th depending on state category). Monthly tax payment via PMT-06 challan continues even for quarterly return filers.
| Due Date | Form | Filer Type | Description |
|---|---|---|---|
| 11 Jul | GSTR-1 | Monthly | Outward transaction statement for June 2026 (B2B, B2C, exports). Applies to turnover > ₹5 crore or taxpayers not opted into QRMP. Invoice-level detail required; matches with GSTR-2B for ITC claims. |
| 13 Jul | GSTR-1 (IFF) | QRMP Quarterly | Quarterly GSTR-1 for Q1 (Apr–Jun 2026). Optional Invoice Furnishing Facility (IFF) allows early B2B invoice lock. Available only for eligible QRMP taxpayers. Deadline varies by state category (13th for most). |
| 20 Jul | GSTR-3B | Monthly | Summary return showing sales, ITC claims, adjustments, and net GST liability for June 2026. Payment settlement required. Applies to monthly filers (turnover > ₹5 crore). Late penalty: ₹50/day (₹20 for nil returns), capped at ₹10,000. |
| 13/22/24 Jul* | GSTR-3B | QRMP Quarterly | Quarterly summary for Q1. Due date: 13th (most states), 22nd (X-category: MH, KA, TN, etc.), 24th (Y-category: UP, DL, WB, etc.). State-specific filing required; follow your state grouping carefully. |
| 18 Jul | Form GST CMP-08 | Composition Tax | Quarterly statement for payment of self-assessed tax by composition taxpayers for Q1 (April–June 2026). Summarizes total value of outward supplies, inward supplies attracting reverse charge, and net tax liability payable. |
| 25 Jul | PMT-06 | QRMP Payment | Tax payment challan for QRMP-registered taxpayers. Mandatory monthly payment even if quarterly returns. Ensures tax liability is cleared monthly despite quarterly filing. |
| 20 Jul | GSTR-5, GSTR-5A | Non-Resident / OIDAR | Non-resident vendors and OIDAR operators (digital services to residents) file returns for June 2026. Tracks offshore supply chains and ensures GST compliance on international transactions. |
| 28 Jul | GSTR-11 | Embassy/UIN | Inward supplies report for UIN-registered entities and embassies. Maps beneficiary status and claim specialized exemptions under international agreements and GST law. |
• Returns cannot be filed more than 3 years past due date (permanent non-filing)
• Portal blocks GSTR-3B if negative ledger balances exist; clear via advance payment
• ITC claims rejected if GSTR-1 not matched with buyer's GSTR-2B ledger
• Late fees + 18% interest per annum on unpaid GST applied automatically
MCA — Companies Act Compliance & CCFS-2026 Amnesty Scheme
July 31, 2026 is the extended deadline for DPT-3 filing (originally June 30). More significantly, July 15, 2026 marks the final deadline for MCA's Companies Compliance Facilitation Scheme (CCFS-2026)—a one-time amnesty offering 90% waiver on accumulated late filing penalties. This is the only window to regularize multi-year defaults at a fraction of normal cost before enforcement escalates.
🎯 CCFS-2026: 90% Amnesty Scheme (April 15 – July 15, 2026)
Core Benefit: Pay only 10% of accumulated additional fees; 90% waiver on late-filing penalties
Covers: MGT-7 (Annual Return), AOC-4 (Balance Sheet), ADT-1 (Alternate Director), DIR-3 (Director Info), and other pending forms from any number of previous years
Alternative Pathways:
• Dormant Status (MSC-1): 50% of normal fees (for inactive companies)
• Voluntary Strike-Off (STK-2): 25% of normal fees (for winding up)
• Immunity Benefit: If filed before adjudication notice, no penalty; if filed within 30 days of notice, no penalty levied
⚠️ Critical: After July 15, 2026, scheme closes. Full ₹100/day additional fees + enforcement action (director disqualification, strike-off initiation) commence. NO EXTENSION expected.
| Due Date | Form | Category | Description |
|---|---|---|---|
| 15 Jul 2026 ⭐ | All Pending ROC Forms | CCFS-2026 | AMNESTY SCHEME DEADLINE: File ALL overdue MGT-7 (Annual Return), AOC-4 (Financial Statements), ADT-1, DIR-3, and other pending forms accumulated from previous years. Pay only 10% additional fees. Last opportunity before enforcement. |
| 31 Jul 2026 ⭐ | Form DPT-3 | Deposit Return | EXTENDED DEADLINE (originally 30 June). Annual return reporting outstanding deposits, exempted deposits, director loans, inter-corporate borrowings, and other outstanding receipts as of 31 March 2026. No additional fees if filed by July 31 (per MCA General Circular 02/2026). File after June 30 without extra penalty. |
| 30 Sep 2026 | Annual General Meeting | AGM Convening | Deadline to hold AGM for FY 2025–26. AGM convocation starts 30/60-day clocks for AOC-4 and MGT-7 filings. July focus: prepare financial statements and audit reports for timely AGM scheduling. |
| 30 Sep 2026 | Form BEN-2 | Beneficial Owner | Declaration mapping ultimate beneficial ownership and control structures. Aligns with PMLA (Prevention of Money Laundering Act) compliance and regulatory transparency mandates. |
Company has missed MGT-7 filings for 3 years (1,095 days × ₹100/day = ₹1,09,500 normal penalty)
Under CCFS-2026: Pay only 10% = ₹10,950
SAVINGS: ₹98,550 + immunity from prosecution if filed before adjudication notice
PT — Professional Tax (Maharashtra & Multi-State)
Professional tax filings for June 2026 payroll are consolidated with employment tax deposits. Maharashtra-based businesses and multi-state employers must file state-specific returns tracking employee earnings across applicable jurisdictions.
| Due Date | Form | Jurisdiction | Description |
|---|---|---|---|
| 15 Jul | PT Return (Monthly) | Maharashtra | Professional tax return for June 2026 payroll (aggregate monthly > ₹3 lakh quarterly threshold). Applicable to employers in Maharashtra; separate filings required for multi-state operations. Online filing on State Tax portal. |
| 15 Jul | PT Return (Monthly) | Other States | For businesses operating in states like Gujarat, Rajasthan, Karnataka, Tamil Nadu, etc., professional tax filing follows state-specific schedules and thresholds. Verify state tax portal for exact due dates and fee structures. |
| 30 Sep 2026 | Annual PT Return | All States | Annual consolidation of professional tax filings for FY 2025–26. Summary of monthly deposits, employee count, and compliance certification. File by 30 September for closure of Q2 cycle. |
OTHER CRITICAL COMPLIANCE (Miscellaneous Regulatory Domains)
Beyond primary tax and corporate filings, July carries sector-specific obligations affecting listed companies, FEMA-regulated entities, labor compliance, and specialized international reporting requirements.
EPFO Provident Fund (15 Jul)
ECR Submission: Electronic Challan for June 2026 employee contributions (12% each: employee + employer). Late deposit triggers 12% per annum interest. Repeated defaults restrict PF modifications and risk prosecution under Section 405.
ESIC (15 Jul)
ESI Premium Deposit: Insurance premium based on June payroll for qualifying establishments (payroll > ₹21,000/month threshold). DSC-authenticated portal submission required. Late payment blocks employee health benefits.
SEBI LODR (31 Jul)
Listed Company Filings: Quarterly compliance reporting of governance disclosures, related party transactions, and structural amendments per Listing Obligations and Disclosure Requirements regulations. Covers BSE/NSE-listed entities.
RBI FEMA Reporting (15–31 Jul)
Forms FC-GPR, FC-TRS, ODI, FLA: Q1 foreign exchange filings mapping FDI inflows, equity transfers, overseas investments, and foreign liabilities. Mandatory for entities with cross-border capital flows.
Form 67 — Foreign Tax Credit (31 Jul)
Double-Tax Treaty Relief: Claim relief on foreign income and overseas tax paid during Q1 under active DTAA protocols. Coordinate with international tax advisors for treaty benefit claims.
GST TRAN-1 — Transition (31 Jul)
Classic Credit Clearance: For legacy GST setups (if any pending pre-July 2017 credits), file transition balancing to clear old regimes. Applies only to entities with inherited credit from previous GST regime.
Contract Labour Annual Return (30 Sep)
Form-A Filing: Administrative verification of contracted workforce placements throughout preceding year. Applicable if contractual workforce engagement crosses statutory thresholds per Contract Labour Act, 1970.
Form 49B — TAN Registration (31 Jul)
New TAN Allocation: For fresh corporate entities requiring Tax Deduction Account Number. Lock down functional collection tracking parameters on Income Tax portal. Critical for new TDS/TCS operations.
✅ MASTER COMPLIANCE CHECKLIST — July 2026 Action Timeline
- By July 7: Deposit all Q1 TDS (Section 392/393 new Act codes, not old sections), TCS, and special transaction TDS (property, rent, contractor) via Challan ITNS 281N.
- By July 11: File GSTR-1 for June 2026 (monthly filers). For quarterly filers, file complete Q1 GSTR-1(IFF) by July 13.
- By July 15: URGENT—File ALL pending ROC forms under CCFS-2026 amnesty scheme (last date). This is ONE-TIME opportunity for 90% late-fee waiver. Deposit EPFO and ESIC contributions for June workforce.
- By July 15: Issue Form 132 TDS certificates for May 2026 withholdings to employees and payees.
- By July 18: File GST CMP-08 for April-June 2026
- By July 20: File GSTR-3B for June 2026 (monthly filers). Quarterly filers file by state-designated deadline (13th/22nd/24th based on category).
- By July 25: QRMP taxpayers deposit monthly tax via PMT-06 challan. Begin assembly of all ITR documentation.
- By July 31: FILE ITR-1 AND ITR-2 RETURNS—ABSOLUTE DEADLINE for salaried individuals and capital gains filers. File DPT-3 deposit return (extended from June 30 without additional fees). File other year-end declarations (Form 121, Form 3BB, Form 67).
- By Jul 31: TDS filing for Q1 April-June 2026
- Parallel Track: Begin audit documentation if subject to Section 44AB tax audit; coordinate with CA for September completion.
