FinanceMint

ITR filing deadline 2026: Over 4.1 crore returns filed so far; experts advise taxpayers not to wait for an extension

in5points
  1. The ITR filing deadline for AY 2026-27 remains 31 July, with tax experts expecting no extension.

  2. Over 4.1 crore returns have been filed as of 26 July, with 38.6 crore verified and 23.4 crore processed.

  3. The compliance calendar has been restructured, deferring some reporting to August, reducing the burden and making an extension unlikely.

  4. Taxpayers who delay filing risk penalties, interest, and loss of key tax benefits.

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Who owns this?

Shobhana Bhartia

HT Media

Shobhana Bhartia (KK Birla family)

Business daily owned by HT Media; majority-controlled by the KK Birla family, chaired by Shobhana Bhartia.

Wikipedia: Shobhana Bhartia