ITR refunds for previous years will be paid by January 2024, assures Income Tax Department
Taxpayers awaiting income tax refunds for financial year 2017-18, 2018-19 and 2019-20 can expect payment by January 31, 2024. A recent order by the Income Tax department addressed glitches and other issues hindering income tax return (ITR) processing for these years. The department assured that refunds will be issued soon if the calculation in the ITR aligns with their assessment.
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