7 Crore ITRs Filed: What Indian Crypto Investors Must Check Before August 31
- Over 7 Crore ITRs have already been filed for A.Y. 2026-27, with August 31, 2026, as the due date.
- The new Schedule VDA requires crypto acquisition date, transfer date, cost and consideration received.
- Failing to file ITR correctly or missing the relevant window could trigger severe financial penalties.
The Income Tax Department has announced that over 7 crore Income Tax Returns (ITRs) have already been filed for the Assessment Year (AY) 2026-27. While individual taxpayers filing ITR-1 and ITR-2 faced a July 31, 2026 deadline, August 31, 2026, is the critical deadline for non-audit business entities, professionals and crypto traders filing ITR-3 or ITR-4.
7 Crore ITRs Filed: Why August 31 Matters as New VDA Rules Change Crypto Tax Filing
On 28 August 2026, the Income Tax Department announced that over 7 crore ITRs have already been filed for AY 2026-27. The sa…
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