# refund process
6 posts in `refund process` tag
CBDT Average Income Tax Refund Processing Time Slashed To 10 Days
The Income Tax Department is dedicated to swiftly and efficiently processing Income Tax Returns (ITRs) for taxpayers. For the Assessment Year 2023-24, a total of 6.98 crore ITRs were filed, out of which 6.84 crore ITRs have been verified.
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By Krishna
Causes Income Tax Refund Delays Understanding
To prevent these delays, it is crucial to provide all the necessary supporting documents, like investment proofs, accurately and promptly. Any missing or incomplete documents can slow down the refund process.
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By Krishna
Income Tax Refund Reduction Processing Time 10 Days
From April 1 to August 21, tax refunds amounting to Rs 72,215 crore have already been issued, out of which Rs 37,775 crore went to companies and Rs 34,406 crore to individuals.
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By Krishna
Income Tax Department Plans Reduce Refund Processing Time 10 Days Fiscal Year
Advancements in technology and a strong system are speeding up the processing of tax returns. Last year, the percentage of processed tax returns increased significantly.
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By Krishna
Accelerate Your Income Tax Refund Process with Effective Strategies
Getting your income tax refund might have its own rules, but you can speed things up. Just be proactive and follow these steps. Once your tax return is processed, the refund process will begin.
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By Krishna
ITR Refund Process Accelerated: Technology Drives Efficiency in Income Tax Return Refunds
However, it is taking less time to receive the refund as compared to the previous years. Just make that you have validated the returns after filing it. If you have done both steps, you will get the refund very soon.
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By Krishna