Tax refund

Timely tax return filings helped in higher tax refunds this year

Timely return filings by tax payers and the smooth functioning of tax portal have helped the Income Tax department in issuing higher refunds in the 2022-23 assessment year when compared with previous year, said a tax official. As per official data, the tax department issued ₹2.40 trillion in tax refunds between 1 April 2022 and 10 …

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Income Tax Refund; How to File a Refund Re-issue Request?

For a variety of reasons, an income tax refund scheduled to be paid in a specific assessment year (AY) may fail to be credited to your bank account. You can only file a refund re-issue request on the income tax e-filing portal if the income tax department fails to credit your refund after processing your …

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