ITR Filed? Know Complete Details on Income Tax Refund

The article by Saagarika Gopinath explains the process of claiming an income tax refund. With the ITR filing deadline for AY 2024-2025 approaching on July 31st, it's crucial to understand tax deductions and the refund process. Overpaid taxes, often through TDS, TCS, or advance payments, can be refunded after e-verification of ITRs. Key steps include having an active account, linking PAN with Aadhaar, and accurately filing ITR. The refund typically takes 4-5 weeks, though delays can occur due to issues like unvalidated bank accounts or mismatched information.