Today is the final day to file income tax returns for the assessment year 2025-2026, with 6.69 crore returns already submitted and the total expected to reach 7.8 crore. Taxpayers are facing challenges as the income tax portal is reportedly not working properly, causing issues with downloading essential documents. Tax expert Gauri Chadha provides critical advice for last-minute filers, stating, "don’t do this mistake of filing the return without reviewing your AIS and 26AS." The discussion also clarifies who is required to file, the consequences of missing the deadline, including a penalty of up to ₹5000, and the option to file a belated return until 31st December. Further guidance is provided on how to revise returns for any mistakes and the 30-day window available to e-verify after submission. #itrdeadline #incometaxreturn #itrfiling #itwebvideos #taxseason #ay2025_26 #taxpayers #lastdaytofileitr #fileyouritr #taxupdate #indiantax #ais #26as #taxpenalty #everification #incometaxportal
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