LatestIncome Tax 2 August 2026
ITR Filing Deadline Updates
Over 5.9 crore income tax returns were filed for AY 2026-27 by the July 31 deadline, highlighting growing tax compliance in India. The Income Tax Department has reported a significant increase in the number of returns filed, with many taxpayers taking advantage of the deadline to file their returns on time. However, some taxpayers have been denied exemptions due to delays in construction projects, and there are concerns about the extension of the filing deadline.
Over 5.9 crore income tax returns were filed for AY 2026-27 by the July 31 deadline.
The Income Tax Department has reported a significant increase in the number of returns filed, with many taxpayers taking advantage of the deadline to file their returns on time.
Some key points to note include:
- Over 5.9 crore income tax returns were filed for AY 2026-27 by the July 31 deadline
- The Income Tax Department has reported a significant increase in the number of returns filed
- Some taxpayers have been denied exemptions due to delays in construction projects
- There are concerns about the extension of the filing deadline
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