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IT Returns and Refunds!

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Janaki Jambunathan

Active member
It is True and happening!

The department's latest initiative to verify an Income Tax Return (ITR) by Aadhaar or other bank database has received positive response from ITR filers because of which the taxman, for Assessment Year 2015-16, was able to process and send refunds to bank accounts of eligible taxpayers in less than 15 days time.

https://www.google.co.in/url?sa=t&r...IDmJWfR0ez0YuiW6g&sig2=46Ms5oC01ZzuH9sFpajKsw

We (J & JJ) filed our returns in the last week of July -sitting in our Auditors office (E filing) - Prestto we get our refunds credited to our bank accounts in Mid August (confirmed SMS) - unlike in the past - I got my refunds due in 2008-09 & 2009-10 only in Feb 2016!
 
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