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Why Income Tax Refund May Delay in Assessment Year 2020-21?

For the assessment year 2020-21, there will be a late refund given by the income tax department. You do not have to worry if you already had filed the return for FY 2020-21 but didn’t get the refund yet. As similar to you the most of the assessee who had furnished the taxes in the year did not get their refund yet. When the assessee has asked the questions then the income tax department has declared that the up-gradation in software is in process for faster processing of ITR. Due to these implementations, there is a delay in the income tax refund Here, the taxpayers can check quick points for faster processing income tax refunds. Also, we added that how to track the status of tax refunds via the official portal. Read more.

Reason for Delay in Tax Refund of FY 2019-20

Although people had furnished the taxes in June-July and didn’t get the tax refund then on their Twitter account they had raised voices against it. But the Income Tax department though in return had retweeted that for the robust performance new technological upgraded platform (CPC 2.0) for filing Income tax return (ITR) Read the easy guide on e-filing of IT return online in India. Step by step guide to filing income tax returns through official income tax department portal is going to be implemented

Time Completion is Not Mentioned

The council has told that the assessment year 2020-21 will proceed via CPC 2.0 but the refund gets delayed due to the objective. However, the income tax has not told the timeline to begin the process of the income tax return procedure for the migration and assessment year 2020-21 via CPC 2.0 platform. In the present times, all the tax return process is done from the centralized processing Center in Bangalore. With the help of the CPC 2.0 platform, the assessee will get more facilities and thus the processing of the ITR will be faster.

Tax Refunded INR 1.32 Lakh cr

between April 1, 2020, and November 10 the income tax department has given more than Rs 1.32 lakh cr refund to more than 39.74 lakh assessee. The Corporate Refund Rs 97,677 Crore and Personal Income Tax Refund Rs 35,123 Crore has been given to the assessee.

Procedure to Check the Tax Refund Status

  • Go to the official website: https://tin.tin.nsdl.com/oltas/refundstatuslogin.html.
  • To determine the refund status, fill in the PAN number and the year for which the refund is left and insert the captcha code.
  • After that Tap on the Proceed button. Post doing this, tax refund status will be displayed on the screen.

The Alternative Procedure to Refund

Disclaimer:- "All the information given is from credible and authentic resources and has been published after moderation. Any change in detail or information other than fact must be considered a human error. The blog we write is to provide updated information. You can raise any query on matters related to blog content. Also, note that we don’t provide any type of consultancy so we are sorry for being unable to reply to consultancy queries. Also, we do mention that our replies are solely on a practical basis and we advise you to cross verify with professional authorities for a fact check."

Published by Arpit Kulshrestha
Arpit Kulshrestha seeks higher interests in financial services, taxation, GST, I-T, etc. Writes articles with depth knowledge and is extensive for the same. The resources provide effective articles for the products of SAG infotech which provides taxation and IT software. Writing from observations and researching makes his articles virtuous. View more posts
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33 thoughts on "Why Income Tax Refund May Delay in Assessment Year 2020-21?"

  1. मैने 08/octombar को रीटॅन फाईल कियाहै अभितक रिफ्ंड नही मिला

  2. What is this…why you not out the itr ..Kisi chiz k Karne ki koi time limit Hoti h…pagal bana k Rakh Diya h Yaar Tumne to .. Bekar ki baate sab karenge ki system upgrade yh wo ..to update m kya 4 months lagte h ..bhaiya koi Dead line bata do ki is date tak sab Ka refund clear ho jayega ..

    1. Maine tax submit June 2020 me Kiya that kitne din Jo gaye rrfund Nahi Mila Year 2020-21 Refund not arrvel

  3. Requesting the tax department to please refund the amount as soon as possible.

    If everyone is reading my comments this to inform that I am following this person for a refund since September but still not getting a proper response, now their customer care number is also not working. I requested them that have responsibilities of my old parents and a 7 years old daughter still not understanding my situation. And they are saying to process faster they are upgrading the software then why we haven’t received the refund yet. This is taking much more time than the older version.

    1. ABSOLUTELY RIGHT
      WHEN FILING LATE FINE HAS TO BE GIVEN AND WHEN TAX PAYERS GETTING REFUND LATE THEY SHOULD GET 400 PERCENT OF REFUND ANOUNT EXTRA
      I FILED ON JAN 21 AND NOW IT IS AUGUST 12TH BUT NO REFUND CALLED IT DEPT AND TALKED WITH CUSTOMER CARE DIFFERENT PEOPLE DIFFERTNT VERSIONS I RAISED GIIEVANCE BUT OF NO USE SINCE LAST 4 MONTHS EVERYDAY SENDING MAILS TO GRIEVANCE AS WELL BUT NO REPLY NOW A DIFFERENT STORY UPGRADED BUT ITS UPGRADED ON JULY WHAT BOUT BEFORE JULY AS 7 MONTHS DOES IT TAKES FOR REFUND.NO OUTSTANDING AND INTIMATION WAS RECD WHERE AS MY CA REPLIED ACCORDINGLY AND NO OUTSATANDING IN THIS PANDEMIC SITUATION 50-52 K IS REALLY VERY HELPFUL

  4. I filed my income tax return on 26th June waiting for a refund still now it’s taking too much time bothering me 120 days were the time limit it crossed over

  5. Government taking their own sweet time to issue a refund. They are imposing an interest of 18% with a penalty for delayed payment. Why law imposes a penalty and 18% interest to the government for delayed payment to their assesses. If so refund will be issued within a week. the software upgrade will happen in no time.

  6. Data storage needs more space why income tax returns have more pages and unnecessary columns and other details to make it simple and easy, make the procedure simple. and up-gradation more time. and vivid 19 people are facing financial crises.

  7. SIR YE TO HADH HOGAYA. GOVT KIYA KAR RAHA HAIN SAMAJH NEHI ARAHA HAIN.
    MODI TO BOL RAHA THA KI 1 MONTH KE ANDAR, MAIN REFUND HO JAYEGA TO YE KIYA HAIN?????

    SHAME LESS

  8. We don’t have jobs due to Covid we have a lot of bills to pay the only hope in tax refund… But the government is least bothered and just have excuses for payments

      1. ITR 3 FOR AGENT AGENCY. DELAY. WHEN PROCESS FOR REFUND. ALREADY SOME FILE JUNE JULY AUGUST BUT NOT ANY PROCESS. PLEASE HELP

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