{"id":29922,"date":"2025-09-13T11:55:03","date_gmt":"2025-09-13T06:25:03","guid":{"rendered":"https:\/\/carajput.com\/blog\/?p=29922"},"modified":"2026-07-05T23:51:53","modified_gmt":"2026-07-05T18:21:53","slug":"itr-deadline-sept-15-taxpayers-face-glitches","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/itr-deadline-sept-15-taxpayers-face-glitches\/","title":{"rendered":"ITR Deadline AY 2026-27: Taxpayers Face Glitches"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a6010e222451\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a6010e222451\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/itr-deadline-sept-15-taxpayers-face-glitches\/#CBDT_Extends_Tax_Exemption_Window_for_SWFs_Pension_Funds\" title=\"CBDT Extends Tax Exemption Window for SWFs &amp; Pension Funds\">CBDT Extends Tax Exemption Window for SWFs &amp; Pension Funds<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/itr-deadline-sept-15-taxpayers-face-glitches\/#Background_of_the_Scheme\" title=\"Background of the Scheme\">Background of the Scheme<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/itr-deadline-sept-15-taxpayers-face-glitches\/#Focus_Areas_for_Investment\" title=\"Focus Areas for Investment\">Focus Areas for Investment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/itr-deadline-sept-15-taxpayers-face-glitches\/#Impact_on_Retail_Investors\" title=\"Impact on Retail Investors\">Impact on Retail Investors<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/carajput.com\/blog\/itr-deadline-sept-15-taxpayers-face-glitches\/#ITR_Filing_Deadline_Amid_Portal_Glitches\" title=\"ITR Filing Deadline Amid Portal Glitches\">ITR Filing Deadline Amid Portal Glitches<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/carajput.com\/blog\/itr-deadline-sept-15-taxpayers-face-glitches\/#ITR_Filing_Due_Dates_for_AY_2026-27\" title=\"ITR Filing Due Dates for AY 2026-27\">ITR Filing Due Dates for AY 2026-27<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/carajput.com\/blog\/itr-deadline-sept-15-taxpayers-face-glitches\/#ITR_Filing_Applicability\" title=\"ITR Filing\u00a0Applicability\">ITR Filing\u00a0Applicability<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/carajput.com\/blog\/itr-deadline-sept-15-taxpayers-face-glitches\/#Before_Filing_Your_ITR\" title=\"Before Filing Your ITR\">Before Filing Your ITR<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/carajput.com\/blog\/itr-deadline-sept-15-taxpayers-face-glitches\/#ITR_Deadline_Taxpayers_Face_Glitches_I-T_Dept_Issues_Filing_Advisory\" title=\"ITR Deadline: Taxpayers Face Glitches, I-T Dept. Issues Filing Advisory\">ITR Deadline: Taxpayers Face Glitches, I-T Dept. Issues Filing Advisory<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/carajput.com\/blog\/itr-deadline-sept-15-taxpayers-face-glitches\/#Portal_Slowdowns_Technical_Issues\" title=\"Portal Slowdowns &amp; Technical Issues\">Portal Slowdowns &amp; Technical Issues<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/carajput.com\/blog\/itr-deadline-sept-15-taxpayers-face-glitches\/#I-T_Departments_Tech_Advisory\" title=\"I-T Department\u2019s Tech Advisory\">I-T Department\u2019s Tech Advisory<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/carajput.com\/blog\/itr-deadline-sept-15-taxpayers-face-glitches\/#Penalties_for_Missing_Deadlines%E2%80%94Important_Reminder\" title=\"Penalties for Missing Deadlines\u2014Important\u00a0Reminder\">Penalties for Missing Deadlines\u2014Important\u00a0Reminder<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/carajput.com\/blog\/itr-deadline-sept-15-taxpayers-face-glitches\/#What_are_mandatory_ITR_filing_scenarios_for_Indian_taxpayers\" title=\"What are mandatory ITR filing scenarios for Indian taxpayers?\">What are mandatory ITR filing scenarios for Indian taxpayers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/carajput.com\/blog\/itr-deadline-sept-15-taxpayers-face-glitches\/#In_Summary\" title=\"In Summary,\u00a0\">In Summary,\u00a0<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-32330\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/09\/ITR-Filing-due-dates-announced.jpg\" alt=\"ITR Filing due dates announced\" width=\"1536\" height=\"980\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/09\/ITR-Filing-due-dates-announced.jpg 1536w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/09\/ITR-Filing-due-dates-announced-300x191.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/09\/ITR-Filing-due-dates-announced-1024x653.jpg 1024w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/09\/ITR-Filing-due-dates-announced-768x490.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/09\/ITR-Filing-due-dates-announced-800x510.jpg 800w\" sizes=\"(max-width: 1536px) 100vw, 1536px\" \/><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"CBDT_Extends_Tax_Exemption_Window_for_SWFs_Pension_Funds\"><\/span><span style=\"color: #000080;\"><strong>CBDT Extends Tax Exemption Window for SWFs &amp; Pension Funds<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Central Board of Direct Taxes (CBDT) has officially extended the timeline for income tax exemptions under Section 10(23FE) of the Income Tax Act for Sovereign Wealth Funds (SWFs) and Pension Funds. The new deadline for qualifying investments is now March 31, 2030, up from the earlier March 31, 2025.<\/p>\n<ul>\n<li>This extension was formalized via Notification No. 113\/2025, issued on July 11, 2025, and is effective retrospectively from April 1, 2025.<\/li>\n<li>The move aims to attract long-term foreign capital into India&#8217;s infrastructure, logistics, and power sectors.<\/li>\n<li>It provides fiscal certainty to global investors and aligns with India\u2019s goal of becoming a $5 trillion economy.<\/li>\n<li>Retail investors may benefit indirectly through InvITs, REITs, and mutual funds that channel investments into these sectors.<\/li>\n<\/ul>\n<p data-start=\"460\" data-end=\"566\">This exemption, provided under Section 10(23FE) of the Income Tax Act, covers income in the form of dividends, Interest, long-term capital gains. Extending the tax exemption window till 2030 cements India\u2019s position as a long-term hub for global infrastructure investments. While sovereign wealth and pension funds directly benefit, retail investors also gain access through mutual funds, InvITs, and REITs. The move is expected to Attract greater foreign capital, Improve transparency, Strengthen India\u2019s infrastructure financing ecosystem<\/p>\n<h3 data-start=\"623\" data-end=\"657\"><span class=\"ez-toc-section\" id=\"Background_of_the_Scheme\"><\/span><span style=\"color: #000080;\">Background of the Scheme<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"658\" data-end=\"926\">The scheme was first introduced in April 2020 to attract patient global capital into India\u2019s long-term infrastructure projects. Since then, several global funds from Saudi Arabia, Singapore, Kuwait, and Norway have actively participated in the Indian market.<\/p>\n<h3 data-start=\"928\" data-end=\"964\"><span class=\"ez-toc-section\" id=\"Focus_Areas_for_Investment\"><\/span><span style=\"color: #000080;\">Focus Areas for Investment<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"965\" data-end=\"1061\">The extended policy is expected to channel more foreign capital into priority sectors such as Commercial real estate, logistics parks, data centers, and Urban infrastructure. These inflows lower financing costs for long-gestation projects and ensure steady, predictable capital for India\u2019s infrastructure growth.<\/p>\n<h3 data-start=\"1293\" data-end=\"1329\"><span class=\"ez-toc-section\" id=\"Impact_on_Retail_Investors\"><\/span><span style=\"color: #000080;\">Impact on Retail Investors<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"1330\" data-end=\"1438\">While large foreign funds are the direct beneficiaries, retail investors stand to gain indirectly through mutual funds, InvITs (Infrastructure Investment Trusts), and REITs (Real Estate Investment Trusts). With higher foreign participation, these instruments become more attractive, giving retail investors access to global-grade infrastructure assets.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"ITR_Filing_Deadline_Amid_Portal_Glitches\"><\/span><span style=\"color: #000080;\"><strong>ITR Filing Deadline Amid Portal Glitches<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div>\n<h3><span class=\"ez-toc-section\" id=\"ITR_Filing_Due_Dates_for_AY_2026-27\"><\/span><span style=\"color: #000080;\">ITR Filing Due Dates for AY 2026-27<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The uploaded infographic highlights the due dates for filing Income Tax Returns (ITRs) for <strong>Assessment Year (AY) 2026-27<\/strong> and certain important compliance points.\u00a0Key Due Dates are mention here under<\/p>\n<div class=\"___1dmoc29 f10pi13n ftgm304 f1enuhaj fdclmfp f1nbblvp fat0sn4 f1ov4xf1 fekwl8i f1lmfglv f1oz7aqm f1abmfm4 f1w619qj f16h0jq8\">\n<table class=\"___10xk7zk f1ddd56o f16vktn6 f1ahpp82 f1w6jmik f1uinfot fibjyge fvueend f9yszdx f1fu4s3n f3l3pb3 f1s2k7dp f8fmt76 fjvbh62 fysh76l fic4ptz f1yenhzu f1yn6nvh f14tj6oe f1aoyrul f1el8yx3 f1pymoxg f1ofu761 fe6itr f7coize f1794535 f70r78m f4zgifc fk1v6el f16pyhcb fo436u6 fzy4j18 fc43013 f1hmrcvb fc4t9fq fgp09rh fjnyn6r\">\n<tbody>\n<tr>\n<th>Due Date<\/th>\n<th>Category<\/th>\n<\/tr>\n<tr>\n<th style=\"text-align: left;\" scope=\"row\"><strong>31 July 2026<\/strong><\/th>\n<td style=\"text-align: left;\">ITR-1 (Sahaj) and ITR-2<\/td>\n<\/tr>\n<tr>\n<th style=\"text-align: left;\" scope=\"row\"><strong>31 August 2026<\/strong><\/th>\n<td>ITR-3 and ITR-4 (Sugam)<\/td>\n<\/tr>\n<tr>\n<th style=\"text-align: left;\" scope=\"row\"><strong>31 October 2026<\/strong><\/th>\n<td>Tax Audit Cases (ITR-3, ITR-5 &amp; ITR-6 where audit under section 44AB is applicable)<\/td>\n<\/tr>\n<tr>\n<th style=\"text-align: left;\" scope=\"row\"><strong>30 November 2026<\/strong><\/th>\n<td style=\"text-align: left;\">Transfer Pricing Cases covered under Section 92E<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h3><span class=\"ez-toc-section\" id=\"ITR_Filing_Applicability\"><\/span><span style=\"color: #000080;\">ITR Filing\u00a0Applicability<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"color: #000080;\"><strong>ITR-1 (Sahaj) &amp; ITR-2<\/strong><\/span><\/p>\n<ul>\n<li>Applicable to resident individuals and HUFs having income from salary\/pension, up to two house properties, other sources (excluding lottery income), and capital gains.<\/li>\n<li>The infographic notes that ITR-1 can now be used where long-term capital gains under section 112A do not exceed INR 1.25 lakh and there is no brought-forward or carried-forward capital loss.<\/li>\n<\/ul>\n<p><span style=\"color: #000080;\"><strong>ITR-3 &amp; ITR-4 (Sugam)<\/strong><\/span><\/p>\n<ul>\n<li>Applicable to Individuals, HUFs and Firms (other than LLPs) having business or professional income and not liable to tax audit under section 44AB.<\/li>\n<li>LLPs are required to file ITR-5 and are not eligible to file ITR-4.<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"Before_Filing_Your_ITR\"><\/span><span style=\"color: #000080;\">Before Filing Your ITR<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>The infographic recommends:<\/p>\n<ul>\n<li>Reconciling Form 26AS, AIS and TIS with books and records.<\/li>\n<li>Verifying TDS\/TCS credits and tax payments.<\/li>\n<li>Keeping all supporting documents ready, including Form 10E wherever applicable<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"ITR_Deadline_Taxpayers_Face_Glitches_I-T_Dept_Issues_Filing_Advisory\"><\/span><strong style=\"color: #000080;\" data-start=\"126\" data-end=\"208\">ITR Deadline: Taxpayers Face Glitches, I-T Dept. Issues Filing Advisory<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/div>\n<p>With just days left before the September 15, 2025 deadline for filing income tax returns (ITRs) for FY 2024-25, taxpayers are facing mounting challenges due to portal glitches, delayed utility releases, and a compressed filing window. With the deadline for filing ITRs fast approaching, taxpayers are facing significant technical issues across multiple platforms:<\/p>\n<h3 data-start=\"458\" data-end=\"503\"><span class=\"ez-toc-section\" id=\"Portal_Slowdowns_Technical_Issues\"><\/span><span style=\"color: #000080;\"><strong data-start=\"462\" data-end=\"501\">Portal Slowdowns &amp; Technical Issues<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"504\" data-end=\"576\">Taxpayers have reported difficulties accessing key e-filing platforms: the Annual Information Statement, Form 26AS, and the Taxpayer Information Summary. These platforms have been intermittently down because of heavy traffic. The TRACES portal, vital for Form 26AS, TDS certificates, and tax credit verification, has been unavailable, adding to the stress of last-minute compliance.<\/p>\n<h3 data-start=\"1767\" data-end=\"1807\"><span class=\"ez-toc-section\" id=\"I-T_Departments_Tech_Advisory\"><\/span><span style=\"color: #000080;\"><strong data-start=\"1771\" data-end=\"1805\">I-T Department\u2019s Tech Advisory<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"1808\" data-end=\"1882\">To minimize disruptions, the department has advised using the following:<\/p>\n<ul data-start=\"1883\" data-end=\"2193\">\n<li data-start=\"1883\" data-end=\"1975\">\n<p data-start=\"1885\" data-end=\"1975\">Browsers: Microsoft Edge (v88+), Chrome (v88+), Firefox\/Mozilla (v86+), Opera (v66+)<\/p>\n<\/li>\n<li data-start=\"1976\" data-end=\"2041\">\n<p data-start=\"1978\" data-end=\"2041\">Operating Systems: Windows 7.x or above, Linux, or Mac OS<\/p>\n<\/li>\n<li data-start=\"2042\" data-end=\"2193\">\n<p data-start=\"2044\" data-end=\"2193\">Other Requirements: Enable CSS &amp; JavaScript, allow cookies, and use a valid Class 2\/3 Digital Signature Certificate (DSC) where applicable.<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"2492\" data-end=\"2532\"><span class=\"ez-toc-section\" id=\"Penalties_for_Missing_Deadlines%E2%80%94Important_Reminder\"><\/span><span style=\"color: #000080;\"><strong data-start=\"2496\" data-end=\"2530\">Penalties for Missing Deadlines\u2014Important<\/strong>\u00a0Reminder<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li><strong>Belated Return Due Date:<\/strong> 31 December 2026.<\/li>\n<li>Late filing may attract:\n<ul>\n<li>Late fee under section 234F.<\/li>\n<li>Interest under section 234A.<\/li>\n<li>Possible impact on carry forward of losses and certain deductions.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>Tax professionals urge taxpayers to check system\/browser compatibility in advance and gather all necessary documents and file ITRs at the earliest possible time, avoiding the final-day rush. Missing the deadline can be costly:<\/p>\n<ul data-start=\"2571\" data-end=\"2711\">\n<li data-start=\"2571\" data-end=\"2647\">\n<p data-start=\"2573\" data-end=\"2647\">Late fee: Up to INR 5,000 (capped at INR 1,000 if total income &lt; INR 5 lakh).<\/p>\n<\/li>\n<li data-start=\"2648\" data-end=\"2711\">\n<p data-start=\"2650\" data-end=\"2711\">Interest: 1% per month (or part thereof) on unpaid tax.<\/p>\n<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"What_are_mandatory_ITR_filing_scenarios_for_Indian_taxpayers\"><\/span><span style=\"color: #000080;\"><strong>What are mandatory ITR filing scenarios for Indian taxpayers?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-30033\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/09\/SITUATIONS-WHERE-ITR-FILING-BECOMES-MANDATORY.jpg\" alt=\"SITUATIONS WHERE ITR FILING BECOMES MANDATORY.\" width=\"956\" height=\"1452\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/09\/SITUATIONS-WHERE-ITR-FILING-BECOMES-MANDATORY.jpg 843w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/09\/SITUATIONS-WHERE-ITR-FILING-BECOMES-MANDATORY-198x300.jpg 198w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/09\/SITUATIONS-WHERE-ITR-FILING-BECOMES-MANDATORY-674x1024.jpg 674w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/09\/SITUATIONS-WHERE-ITR-FILING-BECOMES-MANDATORY-768x1166.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2025\/09\/SITUATIONS-WHERE-ITR-FILING-BECOMES-MANDATORY-800x1215.jpg 800w\" sizes=\"(max-width: 956px) 100vw, 956px\" \/><\/p>\n<p data-start=\"157\" data-end=\"227\">Situations Where Filing of Income Tax Return (ITR) is Mandatory :\u00a0 Even if your income is below the basic exemption limit, in certain cases filing of ITR is compulsory.<\/p>\n<ul>\n<li>Income exceeds basic exemption limit: INR 2.5 lakh for individuals, INR 3 lakh for senior citizens, INR 5 lakh for super senior citizens.<\/li>\n<li>Business or professional income: If you&#8217;re self-employed or running a business.<\/li>\n<li>Foreign assets or income: Holding assets or earning income outside India.<\/li>\n<li>Capital gains: From sale of property, stocks, mutual funds, etc.<\/li>\n<li>Agricultural income \u2265 INR 5,000: If combined with other income exceeding exemption limits.<\/li>\n<li>To claim a refund: If TDS is deducted or excess advance tax is paid.<\/li>\n<li>Advance tax obligations: If liable to pay advance tax during the year.<\/li>\n<li>Income from multiple sources: Salary, interest, rental income, etc., exceeding exemption limits.<\/li>\n<li>Resident with foreign assets\/income: Even if income is below exemption limit.<\/li>\n<li>Other official requirements: For loans, visa applications, or government mandates.<\/li>\n<\/ul>\n<p>Even if your taxable income is below the threshold, you must file ITR in the above cases.<\/p>\n<h3 data-start=\"2737\" data-end=\"2775\"><span class=\"ez-toc-section\" id=\"In_Summary\"><\/span><span style=\"color: #000080;\"><strong>In Summary,\u00a0<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>AIS, Form 26AS, TIS, and TRACES portals have experienced intermittent outages due to high traffic.<\/li>\n<li>Several professional bodies, including BCAS, FKCCI, and tax bar associations, have requested an extension of the deadline.\u00a0Key concerns include:\n<ul>\n<li>Delayed release of ITR forms and utilities (e.g., ITR-2 and ITR-3 released in July, ITR-5 and ITR-6 in August).<\/li>\n<li>Mismatch in AIS and Form 26AS data, complicating reconciliations.<\/li>\n<li>Portal performance issues, including login failures and slow response times.<\/li>\n<li>Overlap with festive season, reducing staff availability and client coordination.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>Despite mounting pressure, CBDT has not yet announced any extension. Tax experts advise filing as early as possible to avoid penalties and last-minute issues.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CBDT Extends Tax Exemption Window for SWFs &amp; Pension Funds The Central Board of Direct Taxes (CBDT) has officially extended the timeline for income tax exemptions under Section 10(23FE) of the Income Tax Act for Sovereign Wealth Funds (SWFs) and Pension Funds. The new deadline for qualifying investments is now March 31, 2030, up from &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10055],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/29922"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=29922"}],"version-history":[{"count":4,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/29922\/revisions"}],"predecessor-version":[{"id":32334,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/29922\/revisions\/32334"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=29922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=29922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=29922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}