Income tax return filings surpass 40 million ahead of July deadline

The record

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Income tax returns filed for assessment year 2026-27 crossed 40 million on 26 July, with over 2 million filed in the previous five days as taxpayers rushed to meet the 31 July deadline for individual filers using ITR-1 and ITR-2.
The Income Tax Department has urged taxpayers to file early rather than wait until the last minute, citing potential congestion on the e-filing portal.
The department attributes growing filings to technology-driven compliance measures like pre-filled returns and annual information statements.
The report also notes record portal traffic this season and continued growth in direct tax collections, which experts see as signs of a broadening taxpayer base and better compliance.

Whether total filings for AY2026-27 approach or exceed last year's 73 million by the extended deadlines
Any last-minute congestion or technical issues on the e-filing portal before 31 July
Processing and refund timelines following the filing rush

1 report

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All filed from India

Named India · Annual Information Statements · E-filing portal · Income Tax Department · Income Tax Returns · Subhash · X

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