Quick Summary
The Central Board of Direct Taxes(CBDT) made an announcement a few days back that the department will issue Income Tax Refund up to Rs 5 lacs immediately in the wake of the outbreak of COVID-19. As of 21st April 2020, the department has issued almost Rs 14 lakhs Income Tax Refund. Many taxpayers also received emails from the Income Tax Department. The most common of them being Income Tax Return is under Risk Management Process. The department took to Twitter and tweeted that such reminder emails
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FAQ :
The CBDT is issuing income tax refunds quickly, up to Rs 5 lakh, in response to the COVID-19 outbreak.
As of 21st April 2020, the department had issued approximately Rs 14 lakh in income tax refunds.
Taxpayers who receive a reminder email from the Income Tax Department should respond to it at the earliest to ensure they receive their refund.
This message indicates that your Income Tax Return has been flagged under the Risk Management Process, and the department may require a response from you.
Reminder emails are being sent to ensure that there is nothing pending from the taxpayer's side, which could delay the refund process.
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