Bhubaneswar, Aug. 22 -- https://images.odishatv.in/uploadimage/library/16_9/16_9_0/recent_photo_1735648411.jpg
The government has extended the deadline for filing Income Tax Returns (ITRs) for Assessment Year (AY) 2025-26, even as less than 40% of the verified returns have been processed so far.
The Income Tax Department began accepting ITR filings on May 29, 2025, following the delayed release of Excel utilities for ITR-1 and ITR-4, almost two months later than usual. Since then, 3.29 crore returns have been filed, with 3.19 crore verified. However, only about 1.13 crore verified returns, less than 40%, have been processed till now.
To provide relief to taxpayers, the finance ministry announced on May 27 that individuals whose accounts ...