Posted by Greetings from Classic Associates ! Tuticorin
Check Income Tax Refund Status at Classic Associates now
Income Tax Refund (#ITR) Status: The Central Board of Direct Taxes (#CBDT) informed that it has issued #ITR refunds of more than Rs 1,73,139 crore to more than 1.57 crore taxpayers between 1-April-2020 to 11-January-2021.
Taxpayers have done the ITR filing four to 5 months ago. In that case, it is important for the income taxpayers to know the ITR refund time, which is just seven working days. If a person doesn’t get an ITR refund in 7 working days, then there are some common mistakes that they need to check:
1] Wrong bank account (A/c) information/data
2] Non pre-verification of bank account (A/c)
3] Non verification of #ITR
4] Income Tax Refund (#ITR) status check
If it’s already been verified, then the reason for not receiving your refund can be:
1. Your ITR status is still under processing.
2. You have received a notice/ communication from the IT
department regarding your filed ITR. For e.g., Defective notice
u/s 139(9) or notice for proposed adjustments u/s 143(1)(a).
3. Your ITR has been processed but the Income Tax Department
determined: No Refund Due.
4. The Return has been processed after determining the refund, but
refund could not be credited due to reasons like incorrect bank
account number, incorrect postal address etc.
5. Your ITR has been processed after adjusting it with outstanding
demand (if any).
We would #love to assist you regarding any queries
Contact us at: www.classicassociate.com | support@classicassociate.com | 93444 17156
Auditing Office at : #Tuticorin (HO) | #Coimbatore (BO) | #Chennai (BO)
How to get Income Tax Refund | How to check Income Tax Refund Status in thoothukudi | How to get Income Tax Returns in tuticorin | How to file ITR in Tuticorin