Taxpayers getting faster refunds this year? FM says ITR processing time reduced to 10 days from 93 days
the average time taken to process income tax returns (ITR) has decreased from 93 days in FY 2013-14 to 10 days in FY 2023-24.
Tag: ITR processing time
Average processing time of income tax return (ITR) after verification reduced to 10 days: CBDT
The average processing time for Income tax returns after verification has been decreased to 10 days for returns filed in fiscal year 2023-24, according to a Press Information Bureau (PIB) release dated September 5, 2023. The average processing time was…