LatestAccounting And Audit 20 July 2026
ITR Filing Deadline Not July 31
The deadline for filing income tax returns for individuals who have engaged in intraday or F&O trading is not July 31, but rather August 31, if their turnover exceeds the tax audit threshold, it is crucial to check your turnover first before assuming the deadline
For F&O traders, there is one crucial step before assuming the August 31 deadline. *Check your turnover first* to determine if you exceed the tax audit threshold.
Some key points to consider:
- The tax audit threshold is a crucial factor in determining the ITR filing deadline
- F&O traders must check their turnover before assuming the deadline
- The deadline for filing ITR is August 31 for those who exceed the tax audit threshold
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