ITR filing deadline: What happens if you don’t file your income tax return by July 31, 2026? Penalty, consequences explained
Missing the due date or failing to file altogether can have far-fetched consequences, including losing certain tax benefits also. ITR filing FY 2025-26: For individuals who have still not filed their income tax return for AY 2026-27 – the clock is ticking as the July 31, 2026 deadline approaches. Those with professional or business income…