ITR Filing The Income Tax Department will soon start the process of filing Income Tax Returns (ITR). Filing ITR on time will get the refund quickly. According to income tax experts, the ITR form is expected to be released soon. The last date is July 31, so it would be advisable to file ITR as soon as possible. This can avoid delay in refund.

The process of filing Income Tax Return (ITR) will start from the date fixed by the Income Tax Department. In such a situation, you need to file income tax return without delay. If you get a refund by filing it on time, you will start getting the refund soon. In the year 2024, online forms were issued by the Income Tax Department in the month of April itself.

Last date for filing ITR is 31st July

If there is no difference in the ITR, the refund is issued. He said that the last date for filing income tax return is 31st July.

Form 16 is released in the month of May

It is expected that the form will be released. After this, taxpayers whose TDS has not been deducted can also file ITR, because the forms are released on 16 May. Income tax experts CA Ashish Rohatgi and CA Rashmi Gupta said that the Income Tax Department must be making efforts for the ITR form. In such a situation, it is expected that these forms will come soon.

If you file your income tax return on time, you will get your refund soon. If there is a delay in this, the refund may also get delayed. Actually, the Income Tax Department starts processing the return after the ITR is filed within the deadline.

PC:Jagran