How Soon After Filing ITR Can You Expect Your Refund to Be Issued?
The Income Tax Department's promise of a 4 5 week turnaround for income tax refunds sounds efficient, but taxpayers who have filed their returns and are awaiting their refunds know this timeline is often aspirational rather than actual.
The staggering number of income tax returns filed before the July 31 deadline – over 59 million – has led to a predictable backlog in processing refunds.