New Delhi, June 6 -- Income tax return (ITR) filing season is currently underway and all tax return forms for financial year 2025-26 (AY 2026-27) have been notified by the income tax department. However, many taxpayers tend to postpone filing until the last few days before the deadline.

Waiting until the last minute to file your ITR can lead to unnecessary stress, technical glitches on the income tax portal, increasing the chances of overlooking important details or furnishing incorrect information. Filing early gives taxpayers time to review their returns, rectify errors, and ensure all disclosures are made accurately. Here are three key reasons why submitting your ITR well before the due date can work in your favour.

If you miss filin...