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The Bombay High Court has stated that system default is the standard excuse of the department when it comes to giving refunds.The bench of Justice K. R. Shriram and Justice Neela Gokhale has observed...
The Central Board of Direct Taxes, via a notification in July 2022, reduced the time limit for ITR verification from 120 days earlier to 30 days. The new law is effective from August 1, 2022, and will be applicable to all the ITRs filed on or after August 1, 2022. This includes ITR filed on or before July 31, 2023. However, missing the 30-day ITR-filing deadline can cost you Rs 5000.
The deadline for filing income tax returns is over on July 31. If you are waiting for your ITR refund for AY 2023-24, scroll down to find the step-by-step guide.
Taxpayers can seek help from the income tax department through calls, live chats, Webex sessions and on social media.
You would need Form 16, house rent receipt (if applicable), investment payment premium receipts (if applicable). However, ITRs are annexure-less forms, so you are not required to attach any document