New Delhi, July 31 -- Have you filed and e-verified your income tax return? If not, today is the last day to do so. The Income Tax Department's portal may see a last-minute rush today, 31 July, as it is the last day to file Income Tax Returns (ITRs).

For eligible taxpayers, filing before the cut-off is essential to remain compliant. Uploading the ITR form alone is not enough; e-verification is mandatory for the return to be treated as valid under the Income Tax rules.

The good news: taxpayers filing their ITR today do not have to complete e-verification immediately. The law provides a separate timeline for verification, subject to certain conditions.

Yes, as per the rules, if a taxpayer files an ITR on or before 31 July, it will be tre...