The Income Tax Department has released the utility for filing Income Tax Returns (ITR) for the Assessment Year 2026-27, with a due date of July 31, 2026. Individuals eligible to file ITR-1 include residents whose total income does not exceed ₹50 lakh and who have simple income sources such as salary, pension, or interest income. Taxpayers can report agricultural income up to ₹5,000 and long-term capital gains (LTCG) under Section 112A up to ₹1.25 lakh, provided no capital losses are carried forward. However, those with complex income sources, multiple properties, or higher capital gains are ineligible for ITR-1. Common mistakes to avoid include using unverified Aadhaar numbers, failing to disclose all active bank accounts, and not cross-checking income details with Form 26AS. Additionally, taxpayers should be aware of technical issues with the online filing system, especially concerning Form 146, which is causing submission delays. Addressing these issues is crucial for ensuring compliance and ease of filing.