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ITR Filing Last Date: There is good news for taxpayers. The deadline for filing ITR, originally July 31, has now been extended to August 31 for certain categories of people. Let’s look at the details.

ITR Filing Last Date: If you haven't filed your income tax return yet, there is welcome news for some taxpayers. The government has extended the ITR filing deadline from July 31 to August 31, 2026, for specific categories of taxpayers this year. Yes, some individuals will now have an extra month. However, this relief does not apply to all taxpayers.

Who gets the extra time?

Under the new arrangement, taxpayers earning income from a business or profession—and who are not required to undergo a tax audit—can now file their ITR by August 31, 2026. This primarily covers eligible taxpayers filing ITR-3 and ITR-4 forms. Additionally, certain trusts will also benefit from this extended deadline.

What is the deadline for salaried individuals?

If you are a salaried employee filing ITR-1 or ITR-2, there is no change for you. Such taxpayers must still file their returns by July 31, 2026. Filing after this date may attract late fees and other applicable regulations.

Why was the change made?

The government states that this change was made to provide non-audit business entities and trusts with more time to prepare their accounts and necessary documents. This move aims to simplify the return filing process and reduce the last-minute rush.

What happens if there is a delay?

If you file your ITR after the deadline prescribed for your category has passed, you may face late fees, interest charges, and the loss of certain tax benefits. Therefore, it is advisable to file your return before the due date applicable to your category.