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Don't wait until last minute as late ITR filing risks delayed refunds and extra charges: Details
['Raghwendra Shukla']
News in English: Latest News, Breaking News, Live Updates
New Delhi:Only a few hours remain before the ITR filing deadline for salaried taxpayers.
According to the Income Tax Department, more than five crore returns have already been filed for Assessment Year 2026–27.
As the annual deadline for Income Tax Return (ITR) submission approaches, tax authorities and financial planners are urging taxpayers not to wait until the final hours.
Impact on Tax RefundsOne of the biggest consequences of delayed ITR filing is the postponement of tax refunds.
If a taxpayer is eligible for a refund, filing the return late generally means waiting longer to receive that money.