ITR Refund Status: Is your Income Tax Refund Delayed? Know Why And What Taxpayers Should Do
To process an Income Tax Return (ITR) refund, e-verification of the return is essential. The refund is typically transferred to the taxpayer's account within four to five weeks after the ITR is e-verified.
Aug 05, 2024, 16:53 PM ISTITR Penalty Alert: What Happens If You Miss July 31 ITR Deadline Date For FY 2023-24?
Individual taxpayers not requiring audits must file ITRs for FY 2023-24 by July 31, 2024, to avoid penalties. Belated returns can be filed by December 31, 2024.
Jul 28, 2024, 18:39 PM IST