ITR processing delay. "Has your ITR been processed yet?"

[Wealth is my birth right!]

Yes ITR2 processed within a day

Hope it’s With refunds?

 

[BK7]

Hope it’s With refunds?

I hold no dues 😉

 

[desiviru]

I don't have a problem to pay tax and Chartered accountant saying income tax portal not asked to pay tax like that I think itr will reject?

Income upto 2.5L is not taxable (old regime) and 3L (new regime and from AY26-27 it will be 4L in new regime).

But Crypto income even if it is Rs.1 there is 30% Tax + 4% cess on that tax.

Income Tax won't call you to pay tax. In future they will check it and I know people who received tax demand notice after 10 years for meagre Rs.250 tax demand and with interest it increased to Rs.2960 also.

Choice is yours.

 

[FinCurious]

Income upto 2.5L is not taxable (old regime) and 3L (new regime and from AY26-27 it will be 4L in new regime).

But Crypto income even if it is Rs.1 there is 30% Tax + 4% cess on that tax.

Income Tax won't call you to pay tax. In future they will check it and I know people who received tax demand notice after 10 years for meagre Rs.250 tax demand and with interest it increased to Rs.2960 also.

Choice is yours.

No more applicable now. Tax department can not reopen old ITR beyond 3 years if amount of tax evasion is less then 50lk.

Where did you see person got demand of 250 rs after 10 years?

 

[Wealth is my birth right!]

No more applicable now. Tax department can not reopen old ITR beyond 3 years if amount of tax evasion is less then 50lk.

Where did you see person got demand of 250 rs after 10 years?

Satisfied with ur post
Can i get the circular on this

 

[FinCurious]

Satisfied with ur post
Can i get the circular on this

I am sure it would be there on google.

 

[IKFLRT]

iss janam m ho jayega kya?

 

[panu24]

iss janam m ho jayega kya?

View attachment 109116

Which ITR is this? with refund or without? new regime or old regime?

 

[IKFLRT]

Which ITR is this? with refund or without? new regime or old regime?

ITR1, old regime with 87K refund

 

[AlooDum]

ITR1, old regime with 87K refund

Haven't seen anyone with refund more than 50k or 60k processed yet. This time they are scrutinising very much it refund amount is higher.

 

[sanzz]

1. ITR 2 old regime with refund (16k -credited) filed on 16th Aug processed on 3rd Sep..
2. ITR 2 New regime without refund processed in a week's time

3. ITR 1 New regime filed (1k refund) processed in a day. (First time filer)

 

[hender]

iss janam m ho jayega kya?

View attachment 109116

First let them collect to refund 😉

ITR1, old regime with 87K refund

 

[Trust Me]

1. ITR 2 old regime with refund (16k -credited) filed on 16th Aug processed on 3rd Sep..
2. ITR 2 New regime without refund processed in a week's time

3. ITR 1 New regime filed (1k refund) processed in a day. (First time filer)

Yesterday my brother's ITR-1 (New Regime) with a few thousands refund was processed within a few hours.

Today my own ITR-2 (New Regime) with no refund was processed within two hours!
.

 

[Wealth is my birth right!]

Haven't seen anyone with refund more than 50k or 60k processed yet. This time they are scrutinising very much it refund amount is higher.

Not high bro with 30k refund in itr2 old regime I am waiting from June 29th

 

[shashank08]

I filed ITR today and it was processed today itself.. one of the fastest I have seen in my case.
I have been filing ITR since 2010 but this is the fastest till now.

 

[Tarun239]

I have been waiting for 2 ITR1 to be processed, both with refund, filled on 20 th August. What's the reason for delay?

 

[thanix]

ITR2 filed on 12 Aug with refund due. Not processed yet.

My wife filed ITR2 by end of Aug with 0 refund. She paid remaining tax and filed. Processed with refund of 180 INR and got credited also within a week.

Strange...

 

[shashank08]

I filed ITR today and it was processed today itself.. one of the fastest I have seen in my case.
I have been filing ITR since 2010 but this is the fastest till now.

I filed 3 ITRs today..
All 3 were processed today itself..

 

[desiviru]

ITR2 filed on 12 Aug with refund due. Not processed yet.

My wife filed ITR2 by end of Aug with 0 refund. She paid remaining tax and filed. Processed with refund of 180 INR and got credited also within a week.

Strange...

That 180 is interest for advance taxes paid during FY in form of TDS. System calculates interest basis every quarter and tax paid and if it finds someone's TDS or manual tax paid was more than what was required like 15%/45%/75%/100% etc, it generates an interest and provide as refund.

Next year while filing you will see 180 in interest on refund section. Now you will think interest on 0. Again system has its own calculations.

This year the online utility had issue for sometimes and was showing little bit extra tax. They corrected it and while processing refunding the extra amount charged to taxpayers.

IT department mein Kuch Kuch Hota Hai ka scene hi nahi hai. Yaha bahot kuch hota hai.

Kuch logo ko refund expected hota hai 5000 aur milta hai 3500. Fir tax department bata hai initmation ki kya katey gaye 1500.