Refund of AY 2020-21

Many taxpayers who filed their Income Tax Returns (ITR) for Assessment Year 2020-21, particularly in August, are experiencing delays in receiving their refunds. While the standard processing time is typically around a month, some individuals have been waiting longer. The Income Tax Department has indicated that system upgrades are causing these processing delays, but they have assured that refunds will be issued soon. Although no specific dates have been announced, it's expected that processing has resumed and refunds will be dispatched shortly.