The Income Tax Department says more than 1.7 crore income tax returns have been filed for Assessment Year (AY) 2026-27 for income earned in the 2025-26 financial year. The department notes that over 10 lakh returns were filed on Friday alone. It states that the last date to file ITR Form 1 and ITR Form 2 for the 2025-26 income year is July 31. The department’s figures come through updates on social media, describing the filings as an “already taken” step by taxpayers. ITR Form 1 (Sahaj) is described as a simpler return for resident individuals with annual income up to Rs 50 lakh, with income that includes salary, one house property, and agricultural income up to Rs 5,000 a year. ITR-2 is for individuals and Hindu Undivided Families (HUFs) that do not have income from profits and gains from business or profession but may have income from capital gains. The reports collectively provide the filing count and key deadline and eligibility details for the two forms.
Over 1.7 crore ITRs filed for AY 2026-27 ahead of July 31 deadline
The Income Tax Department says more than 1.7 crore income tax returns have been filed for Assessment Year (AY) 2026-27 for income earned in the 2025-26 financial year. The department notes that over 1...
- The Income Tax Department reports that over 1.7 crore ITRs have been filed for AY 2026-27 so far.
- The last date to file ITR Forms 1 and 2 for 2025-26 income is July 31.
- More than 10 lakh returns were filed on Friday, according to the department.
- ITR Form 1 (Sahaj) is for resident individuals with annual income up to Rs 50 lakh with specified income sources.
- ITR-2 applies to individuals and HUFs without business or profession income but with capital gains income.
The last date to file ITRs 1 and 2 for income earned in 2025-26 fiscal year is July 31
4 hours agoOver 1.7 crore I-T returns have been filed for 2025-26 financial year so far, the Income Tax Department said on Saturday. The last date to file ITRs 1 and 2 for income earned in 2025-26 fiscal year is July 31. "Over 1.7 Crore taxpayers have already taken the smart step and filed their ITRs for A.Y. 2026-27," the department said on X. Of this, more than 10 lakh returns were filed on Friday. ITR Form 1 (Sahaj) is a simpler form that caters 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 Hindu Undivided Families (HUFs) not having income from profits and gains in business or profession, but having income from capital gains.
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