ITR refund Update: ITR refund will not be coming for these reasons, check immediayley

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ITR Refund: Income Tax Department has issued important information for taxpayers, do not make this mistake even by mistake.
ITR Refund: Income Tax Department has issued important information for taxpayers, do not make this mistake even by mistake.

If there is a delay in getting your refund, then you should know about it. Explain that after filing ITR, it is mandatory for you to e-verify it. The e-verification should be completed within 30 days. If you have not e-verified your ITR, then your ITR will not be considered as filed. Without this the filing process is considered incomplete and your ITR becomes invalid

People who have filed Income Tax Return (ITR) are now waiting for their returns. But if there is a delay in getting your refund, then you should know about it. Explain that after filing ITR, it is mandatory for you to e-verify it. The e-verification should be completed within 30 days. If you have not e-verified your ITR, then your ITR will not be considered as filed. Without this the filing process is considered incomplete and your ITR becomes invalid.

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What do experts say

Tax experts say that you will get your refund once your ITR is processed. Experts say that the refund does not come immediately and the refund will be issued to you after verifying the details of the tax already filed with the income tax department as per the information available with it.

Already processed so many ITRs

According to the website of the Income Tax Department, 61 per cent ITRs have already been processed. That is, after this, intimation and refund information would have been sent to those taxpayers through SMS. Generally, it takes 20-45 days for the refund to reach you after you file and verify your ITR. However, in this financial year 2022-23, the tax department has accelerated the processing of income tax returns using modern technology. After which the average time to get refund has come down to only 16 days.

have to keep these things in mind

While filing ITR, you should take utmost care of some things. First of all, you have to keep in mind that whatever information you are entering while filing ITR should be absolutely accurate. This will make it easier for you to get a refund. In such a situation, you should also know how you can check your refund status.

This is how you can check your refund status

First of all go to the website of Income Tax India. There login by entering your user ID which is PAN number, password and captcha code. After that go to the return form. Click on the Choose One option and then click on Income Tax Return from the drop-down menu. Fill the assessment year and then submit. After this, click on the acknowledgment number of ITR to know the status of your refund.

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