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How much time taken to process an IT Return

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babugr

dgm

521 Points Posted on 29 July 2023

I filed my 4 ITRs out of which 3 do not have salary and only income from other sources. 2 got refund within few hours after recieving the intimation u/s 143(1). 4th ITR filed is a salaried ITR. filed ITR1 on 5.7.23 although there are mutual fund purchases no sales. I wish to know how much time does it take to process

Replies (9)

Quick Summary

This discussion explores the time it takes to process Income Tax Returns (ITRs). While some non-salary income returns received refunds within hours of intimation, a salaried ITR filed on July 5th was still under processing. Advice was given regarding dividend income and the suitability of ITR-1 versus ITR-2, with the consensus being that a small dividend amount doesn't necessitate a change. The user was advised to wait for any intimation before considering revision.

shirish kulkarni

8 Points Posted on 29 July 2023

Check weather the itr select by you is right or wrong

babugr

dgm

521 Points Posted on 29 July 2023

Thanks for your response. checked the form is ITR1, but there is a dividend of Rs.72 shows, do I have to file ITR2, if so can I revise now with ITR2

NARENDRA

ACCOUNTS MANAGER

2213 Points Posted on 29 July 2023

You can claim dividend in ITR 1 .......too........... ........ & the amount is only 72.............. so it doesn't matter ............. please contact to the compliance portal for the processing purpose ............