# income tax refund
13 posts in `income tax refund` tag
Causes Delay Income Tax Refund Steps To Take
The deadline to file your income tax return (ITR) for the financial year 2022-2023 was July 31, and it was very crucial to meet this deadline to avoid penalties.
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By Krishna
Income Tax Department Refund Vedanta 2021-22
The income tax department will refund Rs 190 Crore to Vedanta Ltd for the 2021-22 assessment year, along with applicable interest. This decision came after a hearing in the Delhi High Court.
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By Krishna
CBDT Average Income Tax Refund Processing Time Slashed To 10 Days
The Income Tax Department is dedicated to swiftly and efficiently processing Income Tax Returns (ITRs) for taxpayers. For the Assessment Year 2023-24, a total of 6.98 crore ITRs were filed, out of which 6.84 crore ITRs have been verified.
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By Krishna
Causes Income Tax Refund Delays Understanding
To prevent these delays, it is crucial to provide all the necessary supporting documents, like investment proofs, accurately and promptly. Any missing or incomplete documents can slow down the refund process.
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By Krishna
Income Tax Refund Reduction Processing Time 10 Days
From April 1 to August 21, tax refunds amounting to Rs 72,215 crore have already been issued, out of which Rs 37,775 crore went to companies and Rs 34,406 crore to individuals.
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By Krishna
3.1 Million ITR Filers Miss Income Tax Refunds Ineligibility
Income Tax Return Update (August 24): Many people file their income tax returns on time via the Income Tax Department's e-filing portal, but often skip the crucial step of verifying their tax returns.
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By Krishna
Patience Pays: Understanding Income Tax Refund Processing Time
The response hinges on diverse elements, encompassing tax authorities' processing duration, data precision, and the selected refund method.
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By Krishna
Delayed Income Tax Refund: Reasons and Income Tax Department's Response
Income Tax Refund Update 2023: More than 6.8 crore individuals have submitted their income tax returns for the Assessment Year 2023-24. While many have already received their refunds, some are encountering delays.
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By Krishna
Accelerate Your Income Tax Refund Process with Effective Strategies
Getting your income tax refund might have its own rules, but you can speed things up. Just be proactive and follow these steps. Once your tax return is processed, the refund process will begin.
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By Krishna
Government Issues Scam Alert: New Income Tax Refund Scam Targets Taxpayers
In recent times, there is a widespread occurrence of fraudulent messages pretending to be from banks, credit cards, or KYC services, aiming to deceive individuals. The latest scam gaining popularity is targeting taxpayers and bears a striking resemblance to the hoax PAN update scam.
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By Krishna
Record Breaking Itr Filings Fast processing income tax refunds within 12 hours
ITR Filing 2023: The processing time for Income Tax Refunds has been fastened significantly. Previously, taxpayers filing their returns for AY 2023-24 had to endure a wait of several weeks for refund processing.
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By Krishna
How to Check Your Income Tax Refund For FY 2022-23 (AY 2023-24): A Step-by-Step Guide
If any request is distinguished from any earlier years with the income tax department, then the department may acclimate the due request with the current year’s refund.
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By Krishna
Filed the income tax returns but have not received the refund yet
It’s been almost 40 days since the Income Tax Returns due date have passed and if you still have not received your tax refund then it advised you to check your status on the e-filing IT portal or tin-nsdl website.
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By Krishna