ITR Filing: July 31 Deadline Approaches, Penalties for Late Submissions Detailed

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taxation

27 July 2026 at 11:22 am

ITR Filing: July 31 Deadline Approaches, Penalties for Late Submissions Detailed

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Summary

With only four days left until the July 31 deadline for ITR filing, individuals can still file a belated ITR if they miss it. However, filing late incurs penalties, interest, and the loss of certain tax benefits.

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