Dear All,
I have filed IT Return for the Assessment Year 08-09 on 28th July,08 and I'll get a IT Refund of Rs. 13,000/-. Now my question is when should i get the Refund amount? what is the processing time for that ?
INDRA
Indrajit Mondal (Service) (142 Points)
23 October 2008Dear All,
I have filed IT Return for the Assessment Year 08-09 on 28th July,08 and I'll get a IT Refund of Rs. 13,000/-. Now my question is when should i get the Refund amount? what is the processing time for that ?
INDRA
S.Srinivasaraghavan
(Chief Financial Officer and Co)
(11318 Points)
Replied 23 October 2008
There is no statutory provision that compels the assessing authorities to stick to a schedule. That is our wonderful system of Givernance-Honest tax payers at the mercy of department.