It has been observed that taxpayers are always keen to know when they will receive their income tax refunds after filing their Income Tax Returns (ITR). Many are curious about the exact timeline and how long the Income Tax Department takes to process and issue the refunds.
The Income Tax Department normally begins processing within 7 to 21 working days once taxpayers verify their ITR.
As per the Income Tax Department, it takes around 4–5 weeks to credit the refund to the taxpayer’s bank account. Notably, the refund process starts only after the taxpayer e-verifies the return. The process is much swifter for taxpayers whose bank accounts are pre-validated.
Delays in refunds generally occur if the taxpayer’s account or bank details do not match the information provided.
The Income Tax Department also advises taxpayers to check their email for any discrepancy notices if they do not receive their refunds within 4–5 weeks.
Here is the process of ITR refund:
The individual has to file their Income Tax Return (ITR).
The return must be e-verified after filing.
The IT Department then begins processing.
If all details match correctly, the taxpayer receives the refund.
