ITR refund News: You have filed your Income Tax Return (ITR) on time. Have you got the tax refund claimed while filing ITR for FY 2020-21, was the refund amount less than what you claimed? If yes, don’t panic, you are not alone. Many taxpayers have got less tax refund in their bank accounts.
Income Tax Department is refunding the money in a phased manner. But some such cases have also come to the fore in which people did not get as much money as they had claimed. This is because due to technical glitch in the new income tax portal, taxpayers are getting less tax refund.
According to Tax2win.in CEO Abhishek Soni, there have been some cases in which the return form of taxpayers is correct but less refund has come as compared to the claim. He expressed confidence that the Income Tax Department will soon remove this problem and people will be able to get their correct refund.
Due to the problems being faced on the income tax portal, the date for filing ITR has been extended till February 15, 2022.
