ITR deadline 2026: Govt says portal can handle 1 cr returns daily; experts explain why you shouldn't wait until July 31
· livemint.com
The government says the income tax e-filing portal can process up to 1 crore ITRs a day, but experts say taxpayers should not mistake higher capacity for a risk-free last-day filing experience. Here's why they don't expect an extension yet, and why waiting until July 31 could still be costly.
With just a day left before the July 31 deadline for filing income tax returns (ITRs) for Assessment Year (AY) 2026-27, the government has sought to reassure ta...