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Friday, 31 July 2026

Tax Compliance Tracker – August, 2026

 As we enter August 2026, tax professionals, corporate finance teams, and individual taxpayers face a dense compliance calendar under both the Income Tax Act and Goods and Services Tax (GST) framework. Timely adherence to these statutory deadlines is essential to avoid interest, penalties, and procedural complications.

1.      Compliance requirement under Income Tax act, 1961

 

Sl.

Compliance Particulars

Due Dates

 

1

Due date for deposit of Tax deducted/collected for the month of July, 2026. However, all sum deducted/collected by an office of the government shall be paid to the credit of the Central Government on the same day where tax is paid without production of an Income-tax Challan

 

 

07.08.2026

 

2.

Uploading of declarations received in Form No. 127 (Income-tax Rules, 2026) from the buyer in the month of July, 2026

07.08.2026

3

Issue of certificate in Form No. 132 (Income-tax Rules, 2026) under section 395(4) of the Income-tax Act 2025 for tax deducted at source under section 393(1) [Table Sl. No. 2(i), 3(i), 6(ii) & 8(vi)] of the Income-tax Act 2025 in the month of June, 2026

 

 

14.08.2026

4

Issuance of TCS certificate in Form No. 133 (Income-tax Rules, 2026) under section 395(4) of the Income-tax Act, 2025 for tax collected at source for the quarter ending June 30, 2026

 

15.08.2026

 

5

Issuance of TDS certificate in Form No. 131 (Income-tax Rules, 2026) for TDS other than on salary, pension or interest income of specified senior citizen under section 393(1) of the Income-tax Act, 2025 for the quarter ending June 30, 2026

 

 

15.08.2026

6

Due date for furnishing Form No. 137 (Income-tax Rules, 2026) by an office of the Government where TDS/TCS for the month of July, 2026 has been paid without the production of a challan

 

15.08.2026

7

Statement in Form 1 (Income-tax Rules, 2026) by the stock exchange for the month of July, 2026, in respect of transactions in which client codes have been modified after registering in the system.

 

15.08.2026

8

Furnishing of challan-cum-statement in Form No. 141 (Income-tax Rules, 2026) in respect of deduction of tax under section 393(1) [Table Sl. No. 2(i), 3(i), 6(ii) & 8(vi)] of the Income-tax Act, 2025 for the month of July, 2026

 

30.08.2026

9

Furnishing of statement in Form No. 10-EE (Income-tax Rules, 1962) for exercising the option to claim relief under section 89A (Income-tax Act, 1961) for income arising from retirement benefit account maintained in a notified country at the time of withdrawal or redemption (if the assessee is required to submit the return of income on or before August 31, 2026)

 

 

31.08.2026

10

Furnishing of Form No. 10BBD (Income-tax Rules, 1962) reporting details of funds received from eligible persons, directly or through an Alternative Investment Fund, during the Previous Year 2025-26 (if the assessee is required to submit return of income on or before August 31, 2026)

31.08.2026

11

Furnishing of declaration in Form No. 10BA (Income-tax Rules, 1962) by an assessee claiming deduction under Section 80GG (Income-tax Act, 1961) in respect of the rent paid for residential accommodation (if the assessee is required to submit the return of income on or before August 31, 2026)

 

 

31.08.2026

12

Due date for furnishing the return of income for the Assessment Year 2026–27 by the following assessees:

         An assessee having income from business or profession whose accounts are not required to be audited, and to whom the provisions of Section 92E of the Income-tax Act, 1961 do not apply; and

·         A partner of a firm whose accounts are not required to be audited, or the spouse of such partner (where Section 5A of the Income-tax Act, 1961 applies), to whom the provisions of Section 92E of the Income-tax Act, 1961 do not apply.

 

 

 

 

31.08.2026

13

Furnishing of Form No. 10E (Income-tax Rules, 1962) by an employee claiming relief under section 89 (Income-tax Act, 1961) when salary is paid in arrears or in advance, etc. (if the assessee is required to submit the return of income on or before August 31, 2026)

 

 

31.08.2026

14

Furnishing of certificate in Form No. 10CCD (Income-tax Rules, 1962) by a resident individual being an author (including a joint author) claiming deduction under section 80QQB (Income-tax Act, 1961) in respect of royalty income (if the assessee is required to submit return of income on or before August 31, 2026)

 

 

31.08.2026

15

Furnishing of certificate in Form No. 10CCE (Income-tax Rules, 1962) by a resident individual being a patentee claiming deduction under section 80RRB (Income-tax Act, 1961) in respect of royalty income on patents (if the assessee is required to submit return of income on or before August 31, 2026)

 

 

31.08.2026

16

Furnishing of certificate of foreign inward remittance in Form No. 10H (Income-tax Rules, 1962) by a resident individual being an author/patentee claiming deduction under Section 80QQB/80RRB (Income-tax Act, 1961) in respect of income earned from any source outside India (if the assessee is required to submit the return of income on or before August 31, 2026)

 

 

31.08.2026

17

Furnishing of the certificate in Form No. 10-IA (Income-tax Rules, 1962) from the medical authority certifying ‘person with disability’, ‘severe disability’, ‘autism’, ‘cerebral palsy’ or ‘multiple disability’ for the purposes of sections 80DD and 80U (Income-tax Act, 1961). (If the assessee is required to furnish the return of income on or before August 31, 2026)

 

 

 

31.08.2026

18

Furnishing of Form No. 3CT (Income-tax Rules, 1962) by the transferor of shares or interests in, a company or an entity that derives its value substantially from assets located in India, duly certified by an accountant for apportionment of income attributable to assets located in India (if the assessee is required to submit the return of income on or before August 31, 2026)

 

 

 

31.08.2026

19

Application in Form No. 9A (Income-tax Rules, 1962) for exercising the option available under Explanation to Section 11(1) (Income-tax Act, 1961) to apply income of previous year in the next year or in future (if the assessee is required to submit return of income on October 31, 2026).

 

Note: The benefit of a deemed application will not be denied to a trust, even if Form No. 9A is not filed at least two months before the due date for filing the income tax return. However, Form 9A must be submitted on or before the due date for filing the return to avail of this benefit [Circular No. 6/2023, dated 24-5-2023]

 

31.08.2026

20

Statement in Form No. 10 (Income-tax Rules, 1962) to be furnished to accumulate income for future application under Section 10(21) or Section 11(1) (Income-tax Act, 1961) (if the assessee is required to submit return of income on October 31, 2026)

 

Note: The benefit of accumulation will not be denied to a trust, even if Form 10 is not filed at least two months before the due date for filing the income tax return. However, Form 10 must be submitted on or before the due date for filing the return to avail of this benefit [Circular No. 6/2023, dated 24-5-2023

 

 

 

 

 

31.08.2026

21

Furnishing of statement in Form No. 3CFA (Income-tax Rules, 1962) for exercising the option to pay tax at a concessional rate under section 115BBF (Income-tax Act, 1961) for income in the nature of royalty arising from patent developed and registered in India (if the assessee is required to submit return of income by August 31, 2026)

 

 

 

31.08.2026

22

Furnishing of Form No. 3CT (Income-tax Rules, 1962) by the transferor of shares or interests in, a company or an entity that derives its value substantially from assets located in India, duly certified by an accountant for apportionment of income attributable to assets located in India (if the assessee is required to submit the return of income on or before August 31, 2026)

 

 

31.08.2026

 

2. Compliance Requirement under GST, 2017

 

A. Filing of GSTR –3B / GSTR 3B QRMP

 

Taxpayers having aggregate turnover > Rs. 5 Cr. in preceding FY

 

Tax period

Due Date

Particulars

July, 2026

20th August,

2026

Due Date for filling GSTR - 3B return for the month of July, 2026 for the taxpayer with Aggregate turnover exceeding INR 5 crores during previous year.

 

B. Filing Form GSTR-1:

 

Tax period

Due Date

Remarks

Monthly return

(July, 2026)

11.08.2026

1. GST Filing of returns by registered person with aggregate turnover exceeding INR 5 Crores during preceding year.

 

2. Registered person, with aggregate turnover of less then INR 5 Crores during preceding year, opted for monthly filing of return under QRMP.

 

C. Non Resident Tax Payers, ISD, TDS & TCS Taxpayers

 

Form No.

Compliance Particulars

 

Timeline

Due Date

GSTR-5 & 5A

Non-resident ODIAR services provider file Monthly GST Return

20th of succeeding month           

20.08.2026

 

GSTR -6

Every Input Service Distributor (ISD)

13th of succeeding month

 

13.08.2026

 

GSTR -7

Return for Tax Deducted at source to be filed by Tax Deductor

10th of succeeding month

 

10.08.2026

 

GSTR -8

E-Commerce operator registered under GST liable to TCS

 

10th of succeeding month

10.08.2026

 

D. GSTR - 1 QRMP monthly / Quarterly return (IFF – Optional)

 

Form No.

Compliance Particulars

Timeline 

Due Date

Details of outward supply-IFF &

 

Summary of outward supplies by taxpayers who have opted for the QRMP scheme.

 

a)      GST QRMP monthly return due date for the month of July, 2026 (IFF). Applicable for taxpayers with Annual aggregate turnover up to Rs. 1.50 Crore.

 

b)      Summary of outward supplies by taxpayers who have opted for the QRMP scheme.     

 

 

13th of succeeding month  - Monthly

 

Quarterly Return

 

13.08.2026

 

E. GST Refund:

 

Form No.

Compliance Particulars

Due Date

 

RFD -10

Refund of Tax to Certain Persons

2 years from the last day of the quarter in which supply was received

 

 

 

F. Monthly Payment of GST – PMT-06:

 

Compliance Particular

 

Due Date

Due Date of payment of GST for a taxpayer with Aggregate turnover up to INR 5 crores during the previous year and who has opted for Quarterly filing of return under QRMP.

 

25.08.2026

 

G. GSTR 11: Statement of inward supply of goods or services or both received by UIN holders – due date 28.08.2026

 

GSTR-11 is the return to be filed by the persons who have been issued a Unique Identity Number and claims a refund of the taxes paid on their inward supplies.

Due date: Must be filed by the 28th of the month following the month in which inward supply is received by the UIN holders. 

In case of any query/suggestion, please connect cslalitrajput@gmail.com

Disclaimer: Every effort has been made to avoid errors or omissions in this material. In spite of this, errors may creep in. Any mistake, error or discrepancy noted may be brought to our notice which shall be taken care of in the next edition. In no event the author shall be liable for any direct, indirect, special or incidental damage resulting from or arising out of or in connection with the use of this information.

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Tax Compliance Tracker – August, 2026

  As we enter August 2026, tax professionals, corporate finance teams, and individual taxpayers face a dense compliance calendar under both ...