ICICI

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Non recived of refund

Rajat Sharma (240 Points)

17 September 2021  
sir i am an accountant . sir I have file some of returns which cleam the refund for the asstt yr 2020-21 returns are filed within the stipulated period for the asstt yr 2020-21 but no refund has been issue till date but I do in this respect
thanks

 7 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (107951 Points)
Replied 17 September 2021

Need not do anything. Just wait for some more time. The remaining files for AY 2020-21 are now getting processed, so you may receive refund in very near future.

Ganesan B (EXECUTIVE IN NBFC) (100 Points)
Replied 17 September 2021

Has the department stared refund for AY 21-22.

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (107951 Points)
Replied 17 September 2021

The original query is for AY 2020-21.

Recently the department said that till date, 93% of the claims in ITRs (Income Tax Returns) filed for assessment year (AY) 20-21 had already been processed. "In the past week, refunds of over Rs.15,269 crore have been issued which will be credited to taxpayers shortly,

 

Yes, even the refund for AY 2021-22 has started.

Quote:

The tax department said that it "has also commenced processing of ITRs 1 and 4 for AY 2021-22 and refunds, if any, will be issued directly to the bank account of the taxpayer." "For financial year 2021-22, the Income Tax Department has issued refunds of over Rs.51,531 crore upto August 23," This included income tax refund in 21,70,134 cases.

Rocks Parss (220 Points)
Replied 26 September 2021

Anybody has received Intimation u/s 143(1) where there was no refund for AY 2021-22?

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (107951 Points)
Replied 26 September 2021

Yes, few of our clients have received refund with intimation. Though the refund amounts were meager.

J S BHAVSAR (CONSULTING) (1249 Points)
Replied 28 September 2021

This assessment year returns are likely to be processed long way upto March 2022 or beyond. And High amount refund cases are likely to be delayed.

Ganesan B (EXECUTIVE IN NBFC) (100 Points)
Replied 29 September 2021

What is the high amount for an individual assessee...


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  


Related Threads


Loading



Subscribe to the latest topics :
Search Forum:

Trending Tags