Haven’t received your I-T refund? This is what you must do

With the introduction and streamlining of electronic clearing services (ECS) by the income tax department, taxpayers have started receiving their refunds within the stipulated 90 days.

“Many individual taxpayers who opted for refund directly to their bank accounts last year, got money even within a month of filing. Cheques still take time,” says Rajeev Jain, an independent chartered accountant. He says this also includes amounts, as low as Rs 300, which earlier would take much longer.

Continue reading “Haven’t received your I-T refund? This is what you must do”

Haven’t received your I-T refund? This is what you must do