File Karo Jhat Se, Processing 'Hogi Phat Se.
File Karo Jhat Se, Processing 'Hogi Phat Se. Income Tax dept has started Processing for ITR-1 & 4 under this scheme which are filed online only The feature can be accessed only by those assessees who fulfill the following criterias laid down by the Income Tax department: > Online Tax return filing > ITR is verified > Bank account is pre-validated > No arrears > No income discrepancy > No TDS or challan mismatch The Central Board of Direct Taxes (CBDT) tweeted on Wednesday that it has issued refunds worth ₹1,73,139 crore to more than 15.7 million taxpayers between 1 April 2020 to 11 January 2021. These days ITRs are being processed faster and refunds are being issued within a week’s time. It is happening due to the new technologically upgraded platform (CPC 2.0). However, if you haven’t still received your refund, the following could be the reason. Not verified ITR: The process of filing income tax returns is only completed when you verify your income t...