Skip to content
Get the Balanced News app for a better experience!
The Balanced News Logo
Analytics
The Balanced News Logo

Stay Balanced, Stay Informed

Menu
  • Browse News
  • Underreported Stories
  • Curated Feeds
  • Insights
  • Analytics
  • Our Writers
  • About Us
  • Download App
Learn
  • How It Works
  • Bias Detection
  • Lens Score
  • Source Bias Checker
  • Accountability
  • Custom Feeds
Newsroom
  • Writers & Analysts
  • About TBN
  • Editorial Standards
  • Corrections Policy
  • Our Partners
  • Insights
Socials
  • Youtube
  • Instagram
  • X
  • Facebook
News Categories
  • Trending
  • Politics
  • Sports
  • Business
  • Tech
  • Entertainment
  • Health
  • Science
  • Crime
  • Lifestyle
  • National
  • International
  • Good News
  • Crypto

Get Our App

Available for iOS and Android


LensFeedsInsightsAnalyticsTrendingGood NewsSportsPoliticsBusinessCrimeTechEntertainmentHealthNationalInternational

© 2026 The Balanced News. All rights reserved.

About UsEditorial StandardsCorrectionsHelp & SupportPrivacy PolicyTerms & Conditions
Income Tax Department Clarifies No Dual ITR Filing Required After Tax Year Shift

Categories

Categories

Related Coverage

Select a news story to see related coverage from other media outlets.

Related Coverage

Select a news story to see related coverage from other media outlets.

  1. Home
  2. /
  3. Business

Income Tax Department Clarifies No Dual ITR Filing Required After Tax Year Shift

Analysed 2 Jul 2026·2 sources analysed·Business
Income Tax Department Clarifies No Dual ITR Filing Required After Tax Year ShiftPreviousNext

The Income Tax Department has clarified that taxpayers will not need to file two income tax returns following the shift from the Assessment Year (AY) system to the Tax Year framework under the Income-tax Act, 2025, effective April 1, 2026. Income earned between April 1, 2025, and March 31, 2026, will be reported under AY 2026-27 as per the existing law. The new Tax Year terminology does not change the filing process or deadlines for this period.

TBN's observations

First-hand measurement across 2 sources

We measured how 2 outlets covered this story. Coverage leans balanced overall (Left 0%, Centre 100%, Right 0%). Overall sentiment is neutral (60/100). Lens Score 30/100 — low public interest.

Outlets analysed (first-hand measurement by TBN's Bias Engine):

  • timesnow— balanced framing, neutral sentiment
  • mint— balanced framing, neutral sentiment
Political Bias
0%100%0%
Sentiment
60%
AI analysis of 2 sources · Published under editorial oversight by The Balanced News
Analysed 2 Jul 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Political bias across 2 sources
● Left 0%● Center 100%● Right 0%

The articles present a straightforward explanation from the Income Tax Department without political framing. Both sources focus on clarifying procedural changes in tax filing, reflecting an official government perspective. There is no evident partisan viewpoint or critique, and the coverage centers on informing taxpayers about regulatory updates.

Sentiment — Neutral (60/100)

The tone across the articles is neutral and informative, aiming to resolve taxpayer confusion. There is no positive or negative sentiment expressed toward the tax law change; instead, the coverage emphasizes clarity and reassurance regarding filing obligations under the new framework.

How 2 sources covered this story

Each source's own headline, political lean, and sentiment — so you can see framing differences at a glance.

Reviewed byMrunal Wange· Business & Economy Editor· Edited byOjas Kale
← Previous
India Implements Stricter Emission Norms for Tractors and Construction Equipment
Next →
Silver Futures Show Volatility with Price Drop and Subsequent Rise in Early July
SourceTheir headlineBiasSentiment
timesnowWill You Need To File Two ITRs Under New Tax Year? Income Tax Department Clears The AirCenterNeutral
mintITR filing 2026: Do taxpayers need to file two ITRs? The tax department answers MintCenterNeutral

Coverage timeline

mint broke this story on 2 Jul, 02:23 am. Other outlets followed.

  1. 1
    mint2 Jul, 02:23 am
    ITR filing 2026: Do taxpayers need to file two ITRs? The tax department answers Mint
  2. 2
    timesnow2 Jul, 07:18 am
    Will You Need To File Two ITRs Under New Tax Year? Income Tax Department Clears The Air

Lens Score breakdown

30/100
Public interest0/100
Coverage gap100%

Well-covered story — coverage matches public importance.

Who's involved

Institutions and figures named across source coverage.

Government
Income Tax Department

Story context

Category
Business
Sources analysed
2
Last analysed
2 Jul 2026
Key entities
Income Tax DepartmentIncome taxFiscal yearThe Income-tax Act, 1961