Over 7 crore income tax returns filed ahead of August 31 deadline for ITR-3, 4, 5 and 7
More than 7 crore income tax returns have already been filed for Assessment Year 2026-27, reflecting strong participation from taxpayers ahead of the deadline.
Tag: income tax return filing
Rs 1.33 crore cash deposit, no ITR filing, yet senior citizen wins income tax case; ITAT Bangalore explains why
When Mr Marathikyathanahalli, a retired teacher from Mysore, deposited Rs 1.33 crore in cash into his bank account, it triggered the red flag risk management strategy (RMS) established by the Central Board of Direct Taxes (CBDT).
Over 5.9 crore income tax returns filed by July 31 for AY27 as deadline closes
More than 5.9 crore income tax returns (ITRs) were filed by taxpayers for the assessment year (AY) 2026-27 by July 31, marking the close of the due date for individuals and Hindu Undivided Families (HUFs) not requiring an audit of their accounts.
ITR filing 2026: What happens if you miss the July 31 deadline
taxpayers who are yet to submit their returns need to act before the July 31 deadline. Missing the due date can lead to additional costs, including late filing fees and interest liabilities.
ITR filing mistake: ITAT deletes ₹17.41 lakh penalty after CA firm’s affidavit proves clerical error
A Mumbai taxpayer has secured relief from a ₹17.41 lakh penalty after the Income Tax Appellate Tribunal (ITAT) held that an inadvertent filing mistake by a chartered accountant’s office, backed by a sworn affidavit, did not amount to misreporting of income.
ITR processing picks up pace: 60% of 3.2 crore returns already processed
The Income Tax Department has processed around 60% of the more than 3.2 crore Income Tax Returns filed so far this season, reflecting faster processing under the first filing cycle of the new Income Tax Act, 2025. The government also highlighted improvements in refund processing, taxpayer services and digital infrastructure.
Gujarat floods: GCCI requests 15-day ITR filing extension
Citing severe monsoon disruptions, the GCCI has written to the CBDT requesting at least a 15-day extension for filing non-audit income tax returns (ITR-1 and ITR-2) for assessment year 2026-27 beyond the July 31 deadline.
Income tax Returns Form
The last date to file your income tax return (ITR) for FY 2025-26 (AY 2026-27) is July 31, 2026.
ITR filing 2026: CBDT takes these steps to prevent portal glitches before July 31 deadline
As the income tax return (ITR) filing deadline of July 31 approaches, concerns over slow response times and login issues on the income tax e-filing portal have resurfaced.