look news india
Filing of Income Tax Returns: The deadline for filing income tax returns without penalty for the financial year 2023-24 and assessment year 2024-25 has expired on July 31, 2024.
According to the data released by the Income Tax Department, till July 31, 7.28 crore taxpayers across the country had filed income tax returns. In such a situation, there has been an increase of 7.5 percent as compared to last year. In the assessment year 2023-24, a total of 6.77 crore ITRs were filed till July 31.
There are many taxpayers who pay more tax in a year, so they get income tax refund later. Usually, many taxpayers have this question in their mind that after how many days of filing ITR, they will get the refund.
If you are also waiting for your refund, then let us tell you that taxpayers receive their refund within 4 to 5 weeks of filing income tax return.
The money gets credited to your account within 4 to 5 weeks from the day you verify your tax return.
If you have not received your income tax refund, you can get information related to it by visiting the Income Tax e-filing portal. Apart from this, the Income Tax Department will also give you information through e-mail and message.