Economy · India
Income Tax Return Filing Deadline Nears, Taxpayers Advised on Verification
The deadline for filing Income Tax Returns (ITR) for the assessment year 2026-27 is July 31. Over 5 crore ITRs have been filed so far, with the Income Tax Department cautioning taxpayers against a last-minute rush. Filing ITRs is mandatory for many, and failure to meet the deadline can result in penalties, including a late fee of up to ₹5,000. Additionally, taxpayers are reminded that filing the return is not sufficient; it must be verified within 30 days of submission to be considered valid, otherwise the return will be invalidated.
How outlets across the spectrum covered it
L 0 C 8 R 3
- Centre (8): Business Standard, Hindustan Times, Jansatta, Patrika, Telangana Today, The Free Press Journal, The Lallantop, The Times of India
- Right (3 votes, 4 outlets): Aaj Tak · India Today (India Today Group — 1 vote), Dainik Jagran, Zee News (Hindi)