π ITR filings hit 78 million mark for AY27
Over 78 million income-tax returns were filed for Assessment Year 2026-27 as of August 31st. This milestone was achieved across the country by the income tax department. The deadline for non-audited taxpayers with business income was August 31st, with other deadlines being July 31st. This growth reflects increased compliance and outreach efforts from the department. Belated returns are still possible until December 31, 2026, subject to a late-filing fee. π