Archive · 28 Jul 2026

Over 4 crore ITRs filed for AY 2026-27

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.

Sources