Missed Jul 31st ITR due date? Know your options
Synopsis Taxpayers missing the July 31, 2026 income tax return deadline have options. A belated ITR can be filed until December 31, 2026, with a
Synopsis Taxpayers missing the July 31, 2026 income tax return deadline have options. A belated ITR can be filed until December 31, 2026, with a late fee.
Alternatively, a condonation of delay application can be submitted for acceptance. Filing after the due date incurs interest on unpaid taxes and potential loss of
benefits. This process may also lead to delayed refunds and increased compliance scrutiny.