Running a business in India means keeping track of multiple tax deadlines every month. Missing a due date can lead to interest, penalties, unnecessary notices, and compliance issues.

To help businesses, accountants, and tax professionals stay on track, we've compiled the major Income Tax and GST compliance deadlines for July 2026 in one place.

Whether you're a salaried taxpayer, business owner, GST-registered entity, deductor, or tax professional, this guide will help you plan your tax compliance well in advance.

Income Tax Compliance Due Dates – July 2026

7 July 2026

Deposit of TDS/TCS for June 2026

Businesses that deducted or collected tax during June must deposit the amount with the Central Government by 7 July 2026.

Government offices depositing TDS/TCS without an income tax challan must credit the amount on the same day the tax is deducted.

Upload of Form 121 Declarations

Declarations received in Form 121 during the quarter ending June 2026 must also be uploaded by this date.

Quarterly TDS Deposit (Where Quarterly Permission Exists)

Taxpayers who have been permitted by the Assessing Officer to deposit TDS quarterly must deposit TDS for the period April–June 2026 by 7 July 2026.

Upload of Form 127

Declarations received from buyers in Form 127 during June must also be uploaded by 7 July 2026.

15 July 2026

Several quarterly reporting requirements fall due on this date.

These include:

1. Issue of TDS certificates in Form 132
2. Quarterly remittance statement by authorised dealers in Form 147
3. Client Code Modification statement by Stock Exchanges in Form 1
4. Quarterly remittance statement by IFSC units in Form 148
5. Statement by specified funds or stock brokers relating to eligible non-residents in Form 92
6. Government offices filing Form 137 where TDS/TCS has been deposited without challans

Businesses involved in international transactions or financial market operations should pay special attention to these compliances.

30 July 2026

Challan-cum-Statement – Form 141

Entities responsible for deducting tax under specified provisions must file the monthly challan-cum-statement in Form 141 for deductions made during June 2026.

31 July 2026 – The Most Important Compliance Date

For many taxpayers, 31 July is the biggest compliance deadline of the month.

Income Tax Return Filing

The due date for filing the Income Tax Return (AY 2026-27) is 31 July 2026 for eligible taxpayers whose accounts are not required to be audited and who are not covered under transfer pricing provisions.

Quarterly TDS & TCS Statements

The following quarterly statements for the quarter ending 30 June 2026 are also due:

• Form 140 – TDS on payments made to residents
• Form 143 – Quarterly TCS Statement
• Form 144 – TDS on payments made to non-residents
• Form 142 – Reporting of tax deposited on transfer of Virtual Digital Assets (VDA)

Other Important Forms Due on 31 July

Depending on the taxpayer's eligibility, several additional forms are also due, including:

1. Form 10CCD – Royalty income deduction under Section 80QQB
2. Form 10CCE – Patent royalty deduction under Section 80RRB
3. Form 10H – Foreign inward remittance certificate
4. Form 10E – Relief for salary received in arrears or advance
5. Form 10-IA – Disability certificate for deductions under Sections 80DD and 80U
6. Form 5C – Capital gains attribution after reconstitution of firms, AOPs, or BOIs
7. Form 10BBD – Reporting eligible funds received through Alternative Investment Funds
8. Form 3CT – Reporting transfer of shares deriving value from Indian assets
9. Form 3AF – Statement of specified preliminary expenditure under Section 35D
10. Form 175 – Investment intimation by eligible pension funds

Taxpayers should verify whether any of these forms apply to their specific situation before filing their return.

GST Compliance Due Dates – July 2026

10 July 2026

GSTR-7

Return for entities deducting Tax Deducted at Source (TDS) under GST.

GSTR-8

Return for E-commerce operators required to collect Tax Collected at Source (TCS).

11 July 2026

GSTR-1 (Monthly)

Businesses filing monthly GST returns must submit GSTR-1 for June 2026 by 11 July.

This applies to:

1. Taxpayers with turnover above ₹5 crore.
2. Taxpayers with turnover below ₹5 crore who have opted for monthly filing.

13 July 2026

GSTR-6

Input Service Distributors (ISDs) must file GSTR-6.

Invoice Furnishing Facility (IFF)

Taxpayers under the QRMP Scheme who wish to upload invoices for June may use the Invoice Furnishing Facility (IFF) by 13 July.

18 July 2026

CMP-08

Composition Scheme taxpayers must submit CMP-08 for the quarter April–June 2026, declaring self-assessed tax payable.

20 July 2026

GSTR-3B

Businesses with aggregate turnover exceeding ₹5 crore during the previous financial year must file GSTR-3B for June 2026.

GSTR-5 & GSTR-5A

Non-resident taxable persons and OIDAR service providers must also file their monthly GST returns by this date.

25 July 2026

PMT-06

Taxpayers under the QRMP Scheme with turnover up to ₹5 crore must make their monthly GST payment using Form PMT-06.

28 July 2026

GSTR-11

Persons holding a Unique Identity Number (UIN) must file GSTR-11 to claim refunds of GST paid on inward supplies.

GST Refund

Form RFD-10

Specified eligible persons can apply for GST refunds using Form RFD-10 within two years from the end of the quarter in which the eligible supplies were received.

Quick Compliance Calendar

Final Thoughts

July is one of the busiest months for tax compliance, with important deadlines under both the Income Tax Act and GST law. Businesses should prepare their books, reconcile transactions, verify tax deductions, and complete all required filings before the due dates.

Maintaining a proactive compliance calendar not only helps avoid penalties and late fees but also ensures smoother financial operations and better regulatory compliance.

If you're unsure about any filing or need assistance with Income Tax, GST, TDS, bookkeeping, or business compliance, the team at WiseBooks is here to help you stay compliant accurately and on time.