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Income tax return filing: How long does it take to receive an ITR refund?
1. The time taken to receive an income tax refund depends on various factors.
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2. Generally, refunds are processed within a few weeks to a few months.
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3. Online filing and e-verification can expedite the refund process.
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4. Errors or discrepancies in the filed return may cause delays in receiving the refund.
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5. Refunds can be faster if there are no additional verification or scrutiny requirements.
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6. Processing time may vary based on the workload of the tax department.
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7. Timely filing of returns and accurate information can facilitate faster refund processing.
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8. It is advisable to regularly check the status of the refund on the income tax department's portal.
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BY - ASHAY JAIN
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