As per the Income Tax Department guidelines, it generally takes 4 weeks to 5 weeks to credit a refund to a taxpayers account.
Income tax refunds usually get delayed because often times the returns are not fully processed, or the I-T Department finds mismatches or non-compliance in your tax filing.
Many taxpayers are taking to social media with the same concern: months after filing their Income Tax Returns (ITRs), refunds are still nowhere in sight. While this can be frustrating, the delay isn’t ...
● If you have business or professional income and you want the old regime, you must file Form 10-IEA within the due date under section 139 (1), as per the Income Tax Department guidance. On the portal ...