Business Desk, New Delhi. The last date for filing ITR was 31st July. According to the information given by the Income Tax Department, 7.28 crore returns have been filed till the last date. After filing ITR, tax payers wait for their refund. Because now after July, the month of August is also going to end, so everyone is eagerly waiting for the refund.
If you are still waiting for your refund even after filing your ITR on time, then this information is going to be useful for you. Here you need to understand that there can be many reasons for the delay in getting your income tax refund. These reasons are listed here-
Why is there a delay in getting income tax refund
ITR not verified
It is important not only to file ITR but also to verify ITR. It is important to verify ITR using Aadhaar OTP. If this is not done, the refund may get delayed.
Mistake in account details
If you have provided incorrect information about your bank account, this can also be the reason for the delay in refund. This can happen due to wrong bank account number, IFSC code, micro code or wrong name.
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