I-T Dept asks taxpayers to reconcile documents, file ITRs before deadline
New Delhi, July 29
With the July 31 deadline for filing income tax returns for Assessment Year 2026-27 just two days away, the Income Tax Department has issued a reminder to taxpayers, urging them not to delay filing and avoid last-minute complications.
In a post on social media platform X, the department cautioned taxpayers against postponing the process, saying the common phrase 'I will do it tomorrow' often turns into deadline-day panic.
The department advised eligible taxpayers to complete the filing of ITR-1 and ITR-2 at the earliest to avoid technical glitches, heavy portal traffic and unnecessary stress near the due date.
"'I'll Do It Tomorrow' often turns into deadline-day panic. Don't wait for July 31, 2026 to file your ITR-1 & ITR-2 for AY 2026-27. Reconcile your documents and file ITR-1 & ITR-2 for AY 2026-27 today!" the department said in its X post.
Moreover, the tax authority also advised taxpayers to carefully reconcile their documents before submitting returns.
The checks include matching details in Form 16, Annual Information Statement (AIS), Form 26AS, bank statements and other income records to ensure accuracy in the information reported in the ITR.
The advisory comes days after the department said more than 4 crore ITRs had already been filed for AY 2026-27, urging remaining taxpayers to complete their returns before the deadline.
Additionally, more than 9 crore taxpayers filed income tax returns during the financial year 2024-25, as of March 31, 2025.
Of these, 8.64 crore returns were e-verified during the period. The Income Tax Department also issued refunds amounting to Rs 4,35,008 crore during FY 2024-25 up to March 31, 2025.
The Central Board of Direct Taxes (CBDT) had earlier notified the revised ITR forms for AY 2026-27, incorporating updated disclosure requirements related to areas such as long-term capital gains, losses from share buybacks and certain trading transactions.
— IANS
Reader Comments
The reconciliation part is important! I had a mismatch in Form 26AS last year and got a notice. It's good they are reminding people to check AIS and Form 16 before filing. Takes an hour but saves months of headache later. 👌
I appreciate the reminder but the ITR forms keep getting more complicated every year. New rules for LTCG, share buybacks... For a salaried person like me, it's getting harder to file without a CA. The government should simplify the process, not make it more complex.
Already filed my ITR-1 on the 20th and got the acknowledgement within minutes. The portal experience is much smoother this year compared to previous years. Good to see the department being proactive with reminders on social media instead of just sending notices later. 🤞
Filing taxes is a civic duty, but the deadline stress is real. Many salaried people don't have all their documents ready by this time. Banks and employers sometimes delay issuing Form 16 or interest certificates. Maybe the government should consider extending the deadline by two weeks given the complexities. Just a thought.
Great to see the efficiency! 4 crore returns already filed and Rs 4.35 lakh crore refunds issued in FY25. That's a lot of money going back to taxpayers. Kudos to the department for digital transformation - no more standing in queues at the I-T office. 🙏
We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.