What happens if you miss July 31, 2026, ITR filing deadline? Why you should not miss this due date

July 31, 2026, is the deadline for filing Income Tax Returns for AY 2026-27. Missing this date leads to penalties up to Rs 5,000. Abhishek Soni said, "If you miss the original ITR filing due date, you can still file a belated return." You must file by December 31, 2026.