5 Crore ITRs Filed for AY 2026-27; July 31 Deadline
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Over 5 crore Income Tax Returns filed for AY 2026-27. Income Tax Department urges filers to submit ITR 1 & 2 before the July 31 deadline.
Illustration: Dominic Xavier/Rediff.com
New Delhi, Jul 29 (PTI) More than 5 crore income tax returns have been filed so far in the2026-27 assessment year, the income tax department said on Wednesday.
In a post on X, the tax department asked filers to file ITR 1 and 2 before the July 31 deadline.
"Over 5 crore ITRs have already been filed for A.Y. 2026-27," it said.
ITR Form 1 (Sahaj) is a simpler forms that cater to a large number of small and medium taxpayers.
Sahaj can be filed by a resident individual having annual income up to Rs 50 lakh and who has salary income, one house property, and agricultural income up to Rs 5,000 a year. ITR-2 is filed by individuals and HUFs not having income from profits and gains in business or profession, but having income from capital gains.
In a post on X, the tax department asked filers to file ITR 1 and 2 before the July 31 deadline.
"Over 5 crore ITRs have already been filed for A.Y. 2026-27," it said.
ITR Form 1 (Sahaj) is a simpler forms that cater to a large number of small and medium taxpayers.
Sahaj can be filed by a resident individual having annual income up to Rs 50 lakh and who has salary income, one house property, and agricultural income up to Rs 5,000 a year. ITR-2 is filed by individuals and HUFs not having income from profits and gains in business or profession, but having income from capital gains.
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