On the last day, July 31, over 6.5 million ITR were filed by 11 PM, according to the Income Tax Department
If the income is above Rs 2.5 lakh per annum, not filing the income tax return (ITR) can even land a person in jail
For people with an annual income of over Rs 2.5 lakh, filing an ITR is mandatory. Failing to do so may attract fines and penalties
Filing returns after the due date can have repercussions even if there are no pending liabilities