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ITR filing deadline: What happens if you don’t file your income tax return by July 31, 2026? Penalty, consequences explained

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ITR filing FY 2025-26: Many individuals are unsure about whether they are required to file their income tax return or not at a particular income level.

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ITR filing deadline: What happens if you don’t file your income tax return by July 31, 2026? Penalty, consequences explained

ITR filing FY 2025-26: Many individuals are unsure about whether they are required to file their income tax return or not at a particular income level. An income tax return needs to be filed if your taxable income is more than the basic exemption limit.

ITR filing deadline 2026: 5 days left for salaried taxpayers

Taxpayers have just five days left to file their Income Tax Returns (ITR) for the financial year 2025-26, with the deadline set for July 31. The filing applies to salaried individuals, pensioners, and investors, with authorities urging timely submission to avoid penalties. The Income Tax Department has outlined key due dates, verification steps, and a filing checklist to prevent last-minute errors and refund delays. Taxpayers are advised to complete e-verification and submit all required documents before the deadline to ensure smooth processing.

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