Refund of ITR not credit

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15 Points Posted on 19 January 2021
Refund intimation for thr AY 2020-21 has been received from IT department but the refund has not yet been credited. Could you explain how to process the case?
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On 19 January 2021 at 15:24 Report
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Quick Summary
If you've received an Income Tax Return (ITR) refund intimation but the money hasn't appeared in your account, don't worry. The refund might have been adjusted against an earlier tax demand under section 245. It's also worth double-checking that your bank account details are correct. If the issue persists after a few more days, further investigation may be required.

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17269 Points Posted on 19 January 2021
You may wait for some more days .

Just check any pending demand of any earlier years then refund might have been adjusted against such demand under 245.

Check your bank account details.
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On 19 January 2021 at 16:28
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Accountant
4533 Points Posted on 19 January 2021
Follow praveen
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On 19 January 2021 at 22:45

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