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Over 7.5 crore ITRs filed, tax department tells taxpayers: 'Don’t wait for the eleventh hour'

image Sangeeta Ojha

2 min read | Updated on August 31, 2026, 14:36 IST

SUMMARY

Over 7.5 crore ITRs have been filed for AY 2026-27. Check common ITR filing errors and key points taxpayers should verify before the August 31 deadline.

Over 7.5 crore ITRs filed

Filing the return is not the final step. Make sure to e-verify it within the prescribed timeframe; an unverified return cannot be processed.

With the August 31, 2026 deadline for non-audit taxpayers with business or professional income just here, the Income Tax Department has urged taxpayers to file their returns without waiting until the last minute. More than 7.5 crore ITRs for AY 2026–27 have already been filed, according to the department.

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The Income Tax Department, in a post on X, said that, "more than 7.5 crore ITRs for Assessment Year (AY) 2026–27 have already been filed. With the August 31, 2026 deadline for non-audit taxpayers with business or professional income approaching, the department urged taxpayers not to “wait for the eleventh hour” and to file their returns at the earliest. It specifically reminded taxpayers who are yet to file ITR-3, ITR-4, ITR-5 or ITR-7 (non-audit) to complete the process before the deadline."

Before hitting ‘Submit’, taxpayers should watch out for these common errors:

Incorrect personal details

Check your name, address, PAN and Aadhaar details carefully before submitting the return.

Choosing the wrong ITR form

Select the ITR form based on your income sources, nature of income and taxpayer category. Filing an incorrect form can lead to complications later.

Incorrect or incomplete bank details

Verify your account number and IFSC to avoid delays in receiving your tax refund.

Missing e-verification

Filing the return is not the final step. Make sure to e-verify it within the prescribed timeframe; an unverified return cannot be processed.

Errors in capital gains

If you sold shares, mutual funds, property or other assets, reconcile your capital gains or losses with broker statements, transaction records and the Annual Information Statement (AIS).

Ignoring high-value transactions

Review transactions such as property purchases, foreign travel, large cash deposits, significant credit-card spending and foreign remittances. These may be reported to the tax department under the Statement of Financial Transactions (SFT) framework, so discrepancies with your declared income could trigger queries.
Before submitting your ITR, take a few minutes to cross-check the return against your financial records and keep supporting documents handy. A careful review now can help prevent avoidable tax notices, mismatches and refund delays later.
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About The Author

image Sangeeta Ojha
Sangeeta Ojha is a business and finance journalist with experience across leading media platforms like Mint and India Today. She has built a reputation for covering a wide range of personal finance topics, including income tax, mutual funds, insurance, savings and investing.

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