The July 31 ITR deadline for AY 2026–27 is approaching. This ET Wealth explainer covers nine common filing mistakes, from selecting the wrong form and missing interest income to AIS mismatches, incorrect deductions, capital gains, exempt income and delayed verification—and explains how taxpayers can avoid errors and possible notices.

Delays, errors, or non-compliance in ITR filing for AY 2026-27 can lead to financial penalties, including fees and interest, as outlined by income tax authorities.

Any delays past the July 31 deadline, omissions, errors, incorrect disclosures or non-compliance can result in additional financial liabilities. | India News

Taxpayers must file income tax returns by the July 31 deadline to avoid penalties. Accuracy is paramount, and mismatches in the Annual Information Statement require careful…

The July 31 ITR deadline for AY 2026–27 is approaching. This ET Wealth explainer covers nine common filing mistakes, from selecting the wrong form and missing interest income to…

Rushing to file your ITR before July 31? From choosing the wrong form and leaving out bank accounts to missing taxable interest, AIS mismatches and deduction records, this Short…

Over 4 crore ITRs filed for AY 2026-27; taxpayers advised to file early before the July 31 deadline to avoid stress.