Income-tax returns, Aug. 31 -- It is tax season again, and particularly for salaried and business taxpayers, please note that these are the last few days to file your income tax returns or ITR without incurring a late penalty.

The I-T department in May announced that it is this year extending the due date to file ITR for Assessment Year 2025-26 (i.e. FY 2024-25) to September 15, 2025, from July 31, 2025.

This is a bigger extension than the usual extension granted till August 31, 2025 in previous financial years.

In a notification issued by the Central Board of Direct Taxes (CBDT) on May 27, the department said that the extension was introduced due to the "extensive changes introduced in the notified ITRs and considering the time requir...