Tax Filing News

As the July 31 ITR deadline approaches, over 5 crore returns have been filed, and late filers face penalties and loss of benefits like carrying forward losses.

The Income Tax Department reminded taxpayers via an X post that July 31 is the final day to file ITR-1 and ITR-2 for AY 2026-27. Taxpayers are urged to complete

Taxpayers are awaiting clarity on whether the government will extend the July 31 deadline for filing Income Tax Returns for Assessment Year 2026-27.

The government has addressed concerns regarding the ITR portal's capacity to handle the rush of tax filings before the July 31 deadline.

The ITR forms for Assessment Year 2026-27 have been revised, impacting ITR-1, ITR-4, and ITR-2, with a filing deadline of July 31, 2026, for individuals and non

The Income Tax Department is sending SMS alerts encouraging taxpayers to file early to avoid last-minute stress.