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Income Tax Refund: When taxpayers file income tax returns, they eagerly await their refund. The question remains in their minds as to when they will get the refund amount. Actually, the refund process starts after the date on which e-verification is done by the taxpayers. It has generally been observed that after e-verification, it can take from two weeks to two months for the refund to arrive.
Why is there a delay in refund?
If taxpayers have made any mistakes in the refund, they may have to file a revised return. As per the guidelines of the Income Tax Department, the refund process starts as soon as the ITR is filed. In case of e-verification, the refund is received quickly. However, in some cases the refund gets stuck. Most of the cases are those where e-verification has not been done within 30 days of filing the ITR or the bank details have been entered incorrectly.
Therefore, it is important that ITR is filed correctly and e-verification is done within 30 days. If this is not done, the return may be invalid. The Income Tax Department starts the refund process only after e-verification.
What to do if you don’t get a refund?
- Those who file ITR-1 usually get their refund within 10 to 15 days.
- Those filing ITR-2 may take 20 to 45 days.
- It may take about two months for those filing ITR-3 to receive their refund.
If there is a delay in the permit, one can call the Income Tax Department’s passport number 1800-103-4455. Apart from this, officials can also be contacted through mail by emailing at Ask@incometax.gov.in.
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