ITR successfully processed but tax refund failed

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Mar 22, 2021, 1:00:05 AM3/22/21

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ITR successfully processed but tax refund failed

From the day of completion of processing of ITR by the Centralized Processing Centre (CPC), tax refunds are received within 20-45 days normally. A taxpayer is eligible to receive an income tax refund if there is more tax pain to the government than actual tax liability. This usually happens when the advance tax, self-assessment tax paid, and/or TDS deducted from the taxpayer is higher than the total tax liability of a taxpayer.