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Business
ITR Filing Deadline May Extend
✍️ Amar Ujala · Madhya Pradesh
🗓 27 Jul 2026, 01:32 PM
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The deadline for filing Income Tax Return 2026 may be extended beyond 31 July, with a penalty of up to ₹5000 applicable after the due date. Taxpayers are awaiting a decision on the extension.
The Income Tax Department's deadline for filing returns is approaching, and taxpayers are anxious about meeting the 31 July deadline. If the deadline is not extended, individuals who fail to file their returns on time will be liable for a penalty of up to ₹5000. The decision to extend the deadline is crucial for many taxpayers who are still in the process of gathering necessary documents. The extension, if granted, will provide relief to those who are struggling to meet the current deadline.