New Delhi- Over 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.
This article has been automatically published using a syndicated feed. The content is sourced externally and may not have been reviewed by The Freelancers Team.
