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The Economic Times
The Economic Times
Sneha Kulkarni

Rs 1,000 or Rs 5,000 late filing fee for missing ITR filing deadline of July 31? How much fine you may need to pay and why

The July 31, 2026, deadline for filing income tax returns is crucial for salaried individuals, pensioners, students and other taxpayers who are not required to get their accounts audited. Missing this deadline does not mean you can no longer file your return, but you have to pay a late filing fee. The amount you pay depends on your total income, with the Income Tax Act, 2025, prescribing a fee.

Here's how the late filing fee is calculated and the deadlines you should keep in mind if you miss the July 31 due date.

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