Taxpayers Rush Before Deadline Key Highlights The Income Tax Department has announced that more than 5.5 crore Income Tax Returns (ITRs) have been filed for the Assessment Year (AY) 2026–27, reflecting a sharp rise in submissions as taxpayers rushed to complete the process before the July 31 deadline. According to...
Government is reviewing requests to extend the July 31 income tax return filing deadline amid technical and compliance concerns. Key Highlights New Delhi: The Central Government is considering requests from tax professionals and industry bodies to extend the Income Tax Return (ITR) filing deadline beyond July 31, 2026, although no...
Taxpayers filing returns after the due date may have to pay a late fee, interest and face other consequences. Key Highlights New Delhi: The deadline for filing Income Tax Returns (ITRs) for most individual taxpayers for the financial year 2025-26 is July 31, 2026. Taxpayers who miss the due date...
July 31 and August 31 are the most important deadlines for taxpayers; delayed filing can attract penalties. News Story: New Delhi, June 17, 2026: Taxpayers filing Income Tax Returns (ITR) for Assessment Year (AY) 2026-27 should keep a close watch on key deadlines to avoid penalties, interest charges, and delays...
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