ITR proceesed CPC

Sir,

ITR2 yet not processed by CPC filed ITR2 on 1st July 2024. please suggest what can i do ?
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Quick Summary
If your ITR-2 filed on July 1st hasn't been processed by the CPC, it could be due to large refund claims requiring checks or discrepancies in your return. While the statutory deadline for processing is December 31, 2025, you can check for any communication from the tax department regarding mismatches and be prepared to re-verify information if requested.

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One of the reason, why tax refunds are getting delayed for some taxpayers is that their refund claims are large so they need rigorous checks and balances by the tax authorities. Apart from these, it sometimes comes to the notice of the tax department certain discrepancies in the data provided in the tax return, such as mismatches in reported income or tax credits. Such errors require re-verification by taxpayer post communication from the tax department.

However, taxpayers must note that the statutory timeline for processing of ITRs for AY 2024-25 is December 31, 2025, which means the tax department can take that much time to process ITR in case there is a valid reason to put on hold any specific ITR. There are around 2 crore ITRs which are yet to be processed.

 

Thank you very much Dhirajlal Sir,

You are welcome.            

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