Reasons, Why? Income Tax Refund not Yet Received

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Reasons, Why? Income Tax Refund Not Yet Received

Written by: CHETNAA GOYAL Posted on: 12 November, 2022

Reasons Why Income Tax Refund not Yet Received

The last date for filing income tax return (ITR) for FY 2021-22 or AY 2022-23 was July 31, 2022. If you have filed your ITR before the deadline and still have not received the refund, there could be multiple reasons:

Here are the three possible reasons why your income tax refund is still pending:

1. Check if your ITR is processed by the tax department

2. Pre-validation of bank account
There could also be an error in pre-validating your bank account or maybe your PAN is not linked to your bank account, which could delay the income tax refund.

3. For Outstanding Demand
Your income tax refund can also be delayed if you have any outstanding demand pending from the previous financial year.

For more details, Please watch our video

Disclaimer: Although all provisions, notifications and updates, are analyzed in-depth by our team before writing to the public. Any change in detail or information other than fact must be considered a human error. The Guide, Articles, Blogs, FAQ and videos is to provide updated information. Tax matters are always subject to frequent changes hence advisory is only for the benefit of the general public. Hence neither TaxSmooth nor any of its Team members is liable for any consequence that arises on the basis of these write-ups.

CHETNAA GOYAL

Chetnaa Goyal one of the co-founder of TaxSmooth. An Qualified Chartered Accountant. More than 12 years of Experience in Direct Taxation. having own Taxation Practice in Delhi. Expertise in Income Tax Cases, Return filing, Tax Planning, Tax Advisory etc.

Reasons, Why? Income Tax Refund Not Yet Received

CHETNAA GOYAL

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