๐ข ITR Filing Deadline Updated – FY 2025-26
Staying updated with Income Tax Return (ITR) deadlines is essential for every taxpayer—whether you are a salaried individual, freelancer, business owner, or professional. For the Financial Year 2025-26 (Assessment Year 2026-27), there are some important updates to the filing timelines that you should be aware of. While some deadlines remain unchanged, a few have been extended to provide relief and allow better compliance. Let’s break down these updates and understand what they mean for you. ๐งพ Understanding ITR Filing Deadlines ITR deadlines are prescribed by the Income Tax Department to ensure timely reporting of income and payment of taxes. Missing these deadlines can result in penalties, interest, and even restrictions on carrying forward losses. Each category of taxpayer has a different due date depending on the nature of income and whether audit is required. ๐ Key Changes in ITR Deadlines for FY 2025-26 ๐ ITR-1 & ITR-2 – No Change Due Date: 31st July 2026 Applicable for: Sa...