I have filed my IT returns on 22nd of September and also got the acknowledgement for the same. when should I expect the refund amount in my account?
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Quick Summary
If you've filed your IT returns and received an acknowledgement, you're likely wondering when your refund will arrive. While there's no fixed date, refunds generally take between one to three months to process. However, factors like the complexity of your return, whether an audit is required, or if the department needs further clarification can significantly extend this timeframe. Some individuals have reported waiting much longer, even years, for their refunds to be processed.
There are specific sections which deal with these when return is mandatory. You can opt for return. ir no return depending on the circumstances. It varies from individual on case to case basis.
Yup agree with Sabyasachi as I have a client who is geography world life activities and earn from it I field his return return is ok processes but refund is not given its held up for 3yrs for some clarity from the department of that activities so it's sometimes takes time sometimes it is earlier
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