For those who filed their Income Tax Return before July 31, 2024, your return is underway. Out of 7 crore ITRs filed this year, the Income Tax Department of India processed over 5 crore until August 23, 2024. The rest that remains will soon be initiated. Meanwhile, if you are curious about your tax refund, here is how to check ITR refund status at home.
An Income Tax Return (ITR) is a document an employed individual submits to the Income Tax Department of India at the end of each financial year. It comprises the individual’s income and the taxes to be paid. The information added to your ITR form only includes the numbers between April 1 and March 31 of the following year.
It takes between 15 and 45 days to process your Income Tax Return to the Income Tax Department. However, in special cases, it may extend up to 9 months.
If you have filed your ITR, check your tax refund status via the income tax e-filing or TIN NSDL website.
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If your ITR refund has been credited to your account, here is how you can initiate the process. You can request the department to reconsider your request by following these steps:
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