ITR Refund

BHIM BAHADUR SINGH   22 October 2019


 13 points

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In the budget it was stated that the ITRs will be processed with week time and also due amount will be refunded within week time. Now what happens to fm statement?
Now two months lapsed. There is no any information about refund.
Is there any information about this.

Bharat Bohra   22 October 2019

Bharat Bohra

 19 likes  233 points

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Now i think they have stated issuing refund .
many of my clients have got refund


CA Dhruva Kalamanji (Chartered Accountant )     22 October 2019

CA Dhruva Kalamanji
Chartered Accountant  
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Hi Bhim

you will get refund , 120 days time to e eveify the return. the FM has told in budget speech but not incorportaed in refund rules so you have ro wait


Kapadia Pravin   22 October 2019

Kapadia Pravin

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Of course this time there is little delay but it's all due to aligning the Pan Nos with bank accounts and other software upgradation.
But now it is started release of refund and credit to assessee"s bank account.

Interest on delay in refund is also being paid.

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