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Waiting for Income Tax Refund? Follow These Steps to Get Your Money Fast

Income Tax Refund: According to the Income Tax Department, till July 31, the last date for filing ITR, more than 6 crore people across the country filed their income tax refund for the financial year 2022-23. Many of these are income taxpayers who also have to get refunds from the Income Tax Department. Actually, those […]

Edited By : Divya Richa | Updated: Aug 23, 2023 14:07 IST
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Income Tax Refund

Income Tax Refund: According to the Income Tax Department, till July 31, the last date for filing ITR, more than 6 crore people across the country filed their income tax refund for the financial year 2022-23. Many of these are income taxpayers who also have to get refunds from the Income Tax Department.

Actually, those who deposit more money than their income as tax with the government, get the money back from the Income Tax Department after filing ITR.

If this has happened to you, then you will get your money back ie a refund from the Income Tax Department. It has been seen many times that people have to face delays in getting an ITR refund. If you are also waiting for a refund, then there is important news for you.

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Actually, after piling the tax refund, the taxpayers also have to get it verified online. Only after the ITR is verified, the Income Tax Department starts further action and the department transfers the money to the account of those whose return i.e. refund is made.

Sometimes there is a delay in getting the refund even if there is some mistake in filling the ITR. Therefore, the income taxpayers should re-check all the data including bank details, PAN card, and mobile number.

If you also keep these things in mind, then income tax refund money can also come into your account quickly and without any hindrance.

 

First published on: Aug 23, 2023 02:07 PM IST

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