The deadline for filing income tax returns (ITR) for students, pensioners, salaried folks and anyone else not subject to a tax audit is July 31, 2026. There are about three ITR forms (ITR-1, ITR-2, ITR-3) that most students, salaried individuals, and pensioners will need to use depending on their source of income.
For instance, a salaried person with no income other than salary can file ITR-1 if the salary is up to Rs 50 lakh. If it exceeds that, then they need to file ITR-2. However, if the salaried individual also dabbles in some future and options (F&O) trading, then ITR-3 needs to be filed, regardless of whether he made a profit or loss in F&O.
