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Income 'Under Process' for prolonged time

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AR

RETIRED

42 Points Posted on 26 August 2024

I filed my income tax on 5 May 2024.

Since 24 June 2024, my status is showing ‘Under Process’ (i.e., more than 2 months, now).

I have a huge refund of my TCS held with the Income Tax and I need this money badly.

Is this delay normal, or is this because I have a huge refund of TCS, and Income Tax usually would take longer time for such high refund cases?

Is there any use posting a Grievance?

I would highly appreciate experts’ valuable advice / opinion.

Thanks.

Replies (3)

Quick Summary

This discussion addresses a prolonged 'Under Process' status for an income tax return filed in May 2024, with the refund significantly delayed. The user is concerned about the delay, particularly given the large TCS refund needed for overseas expenses. Expert advice suggests that returns with high refunds, or those involving specific ITR forms or AIS report abnormalities, often take longer to process. It's generally considered normal, and filing a grievance at this stage may not be immediately useful. The delay might be due to risk management protocols, and the taxpayer may receive a communication requesting acceptance or revision.

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

121526 Points Posted on 26 August 2024

Generally ITR 3 or one with abnormalities in AIS report. and one with higher amount of refund takes longer time to get processed.

It is very normal, no use of posting Grievance at this point of time.

AR

RETIRED

42 Points Posted on 26 August 2024

Thank You, Sir!

I filed ITR-2 (I am a retired Sr. Citizen, with income only from stock selling and bank interests) and the huge TCS (5% on amount remitted) is due to winding up in India and sending all the money through LRS to cover my living expense for my residential stay in the USA, with my daughter.

I understand it makes sense to wait.

raj kumar

42 Points Posted on 26 August 2024

I too had the same issue. it is due to Risk management aspect of pricessung.
will get a communication asking u for accepting it or revising it.
pls see action pending menu of sure for any junk mail or mobile nessage