Income tax refund

TDS 677 views 4 replies

Is any time limit for incometax refund?

Replies (4)

No, on a primary basis there are no time limits for refund. I mean when a person files his return under 139(1),there are no specific time limits.In earlier times it was very difficult to get refund and even if one received,it used to take a lot of time.But now with CPC, small amount of refunds are given within a short span of time,once return ir processed under saetion 143(1).

no time limit:) can get refund as soon as 1 year and late to infinity

But yes beyond a certain time limit, IT department is bound to compensate the assessee with interest.

6 year from the end of Assessment year subject to return has been filed


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