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how much time i.t. dept. take for income tax refund of effing return itr-2
Generally within 6 months, the assessee will receive the refund along with the Asst Order.
HI MANISH,
THEIR WILL BE NO CIRCULATION IN THIS REGARDS, . BUT SOME RULES IN I.T ACT U/S 244A REFERENCE THAT IF UR REFUND IS EXCEES TO 10 % OF TAX DETERMINED UNDER REGULAR ASSESSMENT THEN U WILL RECEIVE 0.5% INTEREST PER MONTH ON REFUND AMOUNT.
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