Don't risk a 'hefty' penalty: Why you shouldn't wait for a tax deadline extension that might never come.

The July 31, 2026, deadline for ITR filing remains unchanged for most taxpayers. CA Abhishek Soni said, "As of now, there is no indication that the Income Tax Department will extend the July 31 ITR filing deadline." Experts suggest filing early to avoid portal congestion and potential late fee penalties.