New Delhi, Aug. 20 -- The income tax return (ITR) filing deadline for taxpayers with income from business or profession is now less than two weeks away. While missing the last date does not mean you lose all options, filing late can come with additional interest, late-filing fees and other consequences.

The August 31 deadline applies to taxpayers filing ITR-3, ITR-4, ITR-5 or ITR-7 who have income from business or profession, but are not required to get their accounts audited under the Income-tax Act, 1961.

But August 31, 2026 is not the deadline for everyone. Your due date depends on your income, whether your accounts are subject to tax audit, and the income tax return form applicable to you.

Certain taxpayers, including those whose a...