When will you get Income Tax Refund after filing ITR

When will you get Income Tax Refund after filing ITR

As taxpayers wait for refunds,  experts say it is difficult to predict the time by when refunds will be processed this year.

As taxpayers wait for refunds,  experts say it is difficult to predict the time by when refunds will be processed this year.

Income Tax Department is taking its time to prepare the ITR filing system for the heavy rush expected in the next few weeks till July 31.

Income Tax Department is taking its time to prepare the ITR filing system for the heavy rush expected in the next few weeks till July 31.

In past, experts say, people have received refunds within a week to 10 days of filing their ITR in the last year.

In past, experts say, people have received refunds within a week to 10 days of filing their ITR in the last year.

ITR system has become very fast in last few years. Taxpayers should not worry about refunds and processing time as of now.

ITR system has become very fast in last few years. Taxpayers should not worry about refunds and processing time as of now.

Experts say early filers usually get their refunds early.

Experts say early filers usually get their refunds early.

Therefore, it is always better to file returns early, not only for faster processing of refund but also to avoid the last-minute rush.

Therefore, it is always better to file returns early, not only for faster processing of refund but also to avoid the last-minute rush.

During the last few days before the due date, processing takes more time due to the heavy rush.

During the last few days before the due date, processing takes more time due to the heavy rush.

When the returns are processed and if there is no notice or query, refunds are automatically ready to be remitted

When the returns are processed and if there is no notice or query, refunds are automatically ready to be remitted

The Due Date for ITR filing is July 31, 2023 for taxpayers whose accounts don’t need to be audited.

The Due Date for ITR filing is July 31, 2023 for taxpayers whose accounts don’t need to be audited.