Filing your income tax returns before the deadline can be highly fruitful. You can remain assured of getting a refund on your Income Tax.

1. Few Factors that Can Delay
Your Income Tax Refund

2. Filing your income tax returns before the deadline
can be highly fruitful. You can remain assured of
getting a refund on your Income Tax. However,
sometimes, this waiting period can be highly
intimidating. Some even wait 45 days after the due
date. The reasons for this delay transcend various
factors. We discuss these in detail in the following
slides.

3. Errors in Bank Account Verification:
• If you wish to receive an IT refund, bank account
verification is a vital task to perform. Errors in this
process can delay the refund.
• You should visit the e-filing portal to determine
whether your bank account is linked with the
Aadhar Card.

4. Lesser Refund Amount:
• You may not receive a refund on your
Income Tax if the refund amount is too less.
This generally happens when your refund
amount is less than Rs 100.
• In cases like this, the IT Department would
adjust the amount against your future tax
payment instead of refunding it to your bank.

5. If you want professional guidance to understand
various aspects of income tax returns in Kolkata, you
can contact SM Gupta & Co. We are one of the leading
CA Firms in the city dedicated to providing you
quality assistance in understanding various aspects
of taxpaying and accounting. For more details, you
can visit our website today.

6. Contact us
www.smgupta.co.in
smgupta@smgupta.co.in
+91 98300 25092