Income-tax returns: Got a notice or is your ITR refund paused due to error in tax filing? Here's what to do next
New Delhi, Sept. 8 -- Income-tax refunds are issued when the tax paid exceeds the actual liabilities after deductions. It is processed after ITR e-verification, and most taxpayers receive their refund within five weeks of filing returns.
So, in case your refund has not yet been credited into your linked bank account and you have been sent a notice from the tax department regarding discrepancies or mismatch in your ITR filing. Here's what to do next.
Generally, an I-T notice is official communication from the tax department regarding unreported income, mismatch or discrepancies in your filing, non-filing of returns, verification of claims, missing information or overdue filing, and demand for outstanding income tax among other reasons. R...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.