late fees

Income Tax Return Filing Deadline Not Extended for Salaried Taxpayers; Late Fees Apply

The July 31, 2026, income tax return filing deadline for salaried taxpayers, pensioners, and students was not extended, leading to late fees of up to Rs 5,000 for those who missed it. Taxpayers with business income or requiring a tax audit have later deadlines, with the CBDT reporting over 5.5 crore ITRs filed by July 30.