ITR refund: The deadline for filing ITR for the financial year 2022-23 without penalty has ended on 31 July. According to the figures of the IT department, a total of 6.5 crore people have filed ITR till the deadline.
ITR refund for FY 2022-23: Many people have received refund money after filing income tax return, but there are many taxpayers who have not received refund yet.
In such a situation, the question is arising in the minds of the people that why there is a delay in getting the refund. If you also want to get the answer to this question, then we are telling you the reason behind it.
First of all, know that all those people who have deposited TDS or tax more than their tax liability will get income tax refund.
Keep in mind that income tax return will be received only by those people who have completed the process of e-verification. ITR will not be considered complete without e-verification.
Along with this, it is also necessary to complete the pre-validation of the bank account. Without this you will have to face difficulties in getting the refund. Keep in mind that the name in the bank account must match with the PAN number.
According to the official website of Income Tax, usually after filing the income tax return, the taxpayer will receive the refund money in 4 to 5 weeks.
If you have not received the refund yet, check the mail of the Income Tax Department. Along with this, you can also check the refund status by visiting the e-filing website.
