New Delhi, July 27: More than 40 crore Income Tax Returns (ITRs) have been filed so far for the financial year 2025-26, the Income Tax Department said today as the deadline of July 31 approaches.
The Income Tax Department of the Finance Ministry has appealed to taxpayers not to wait for the deadline to file their income tax returns and to file them as soon as possible.
The deadline for filing ITR-1 (Sahaj) and ITR-2 for income generated in the financial year 2025-26 is July 31.
ITR-1 (Sahaj) is a relatively simple form designed for a large number of small and medium taxpayers.
This form can be filed by taxpayers with annual income up to Rs 50 lakh and who have salary income, one housing property, and up to Rs 5,000 annual income from agriculture.
On the other hand, the ITR-2 form is for taxpayers and Hindu Undivided Families (HUFs) who do not have income from business or profession but have income from capital gains.
Earlier, Parliament was informed that the Income Tax Department is running short of 26,997 officers and support staff as of January 1, 2026. (BVI)
