Archive · 28 Jul 2026
Over 4 crore ITRs filed for AY 2026-27
The Income Tax Department in India has announced that over 4 crore income tax returns (ITRs) have been filed for the assessment year 2026-27.
They are encouraging taxpayers to file their returns early to avoid the last-minute rush.
The department has seen a significant increase in the number of returns filed, with more than 15 lakh returns filed in a single day.
The deadline for filing ITRs is July 31.
The department has also updated the ITR forms to include new disclosure requirements, such as reporting long-term capital gains and losses from share buybacks.
Experts advise against waiting for a possible extension of the deadline, as the chances are slim this year.
Over 4 crore income tax returns filed for AY 2026-27.
Department advises early filing to avoid last-minute rush.
More than 15 lakh returns filed in a single day.
Deadline for filing ITRs is July 31.
Revised ITR forms include updated disclosure requirements.
- Who
- Income Tax Department
- What
- Over 4 crore income tax returns filed for AY 2026-27
- When
- As of the latest update
- Where
- India
- Why
- To ensure timely filing and avoid last-minute rush
Early Filing Advocates
Last-Minute Filers
Timing of Filing
Early Filing Advocates
Taxpayers should file their returns as early as possible to avoid last-minute rush and ensure smoother processing.
Last-Minute Filers
Some taxpayers prefer to file their returns closer to the deadline, possibly due to pending financial details or procrastination.
- Total ITRs filed
- Over 4 crore
- Assessment Year
- 2026-27
- ITR-1 Applicability
- Resident individuals with income up to Rs 50 lakh from salary, one house property, and other sources
- ITR-2 Applicability
- Individuals and HUFs with income from capital gains but not from business or profession
- Deadline for Filing
- July 31
- Recent Milestone
- More than 15 lakh returns filed in a single day
- Revised ITR Forms
- Includes updated disclosure requirements for long-term capital gains and share buybacks
- Total Returns Verified
- 38,592,086
- ITRs Processed
- 23,377,962
- Individual Registered Users
- Over 14.08 crore
Sources
ITR filing last date July 31: Will the deadline be extended? Here’s what we know
ITR filing deadline 2026: Over 4.1 crore returns filed so far; experts advise taxpayers not to wait for an extension
ITR filings cross 40 million mark as 31 July deadline nears