# tax refunds
4 posts in `tax refunds` tag
No Penalties Not Reporting Interest Tax Refunds
The ITAT bench emphasized in their judgment that the interest portion of the refund should not be evaluated until it is actually received.
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.
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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