Quick Summary
6.84 crore ITRs verified out of 6.98 crore ITRs filed for AY 2023-24 with over 88% of verified ITRs processed as on 5th Sept. 2023 More than 2.45 crore refunds for AY 2023-24 issued The Income Tax Department is committed to process the Income Tax Returns (ITRs) in a speedy and efficient manner
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FAQ :
As of 5th September 2023, a total of 6.98 crore ITRs for AY 2023-24 have been filed.
Over 88% of the verified ITRs for AY 2023-24 have been processed as of 5th September 2023.
More than 2.45 crore refunds for AY 2023-24 have been issued.
The average processing time for ITRs for AY 2023-24, after verification, has been reduced to 10 days.
Some ITRs are delayed due to lack of verification by taxpayers, requests for further information from the Department, or unvalidated bank accounts for refund credit.
Taxpayers are requested to validate their bank accounts through the e-filing portal to enable the issuance of refunds.
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