Archive · 30 Jul 2026
Over 5 Crore ITRs Filed, Taxpayers Urged to File Early
The Indian tax office says that more than 5 crore people have already sent in their tax returns for the year that ends in 2026.
The deadline to file is July 31, 2026.
They want people to finish early so the online system isn’t too busy and there are no computer problems.
The forms have new rules about capital gains and share‑buyback losses.
If you wait until the last day, you could get extra fees or lose the chance to carry forward losses.
More than 5 crore income tax returns have been filed for AY 2026‑27.
The July 31, 2026 deadline applies to individuals filing ITR‑1 and ITR‑2.
Taxpayers are urged to reconcile documents early to avoid portal traffic and technical issues.
Revised ITR forms for AY 2026‑27 include new disclosure rules for long‑term capital gains, share‑buyback losses, and certain trading transactions.
In FY 2024‑25, over 9 crore taxpayers filed returns, 8.64 crore were e‑verified, and refunds of ₹4.35 trillion were issued.
- Who
- Income Tax Department of India
- What
- Advises taxpayers to file ITR‑1 and ITR‑2 early for AY 2026‑27
- When
- July 31, 2026 deadline; advisory issued late July 2026
- Where
- India, via the e‑filing portal
- Why
- To avoid last‑minute rush, technical issues, and late‑filing penalties
- Filed ITRs
- 5 crore
- Deadline
- 31 July 2026
- Forms
- ITR-1, ITR-2
- Revised Forms
- Long‑term capital gains, share buyback losses, trading transactions
- Refunds FY 2024‑25
- ₹4.35 trillion
Sources
Over 5 crore ITRs filed for AY 2026-27; I-T Dept cautions taxpayers against last-minute rush
ITR Filing Deadline Nears, Income Tax Department Asks Taxpayers To Reconcile Records And Avoid Last-Minute Rush
