CBDT Committed To Speedy Processing Of Income Tax Returns

Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
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New Delhi, 5th September, 2023
Press Release
CBDT committed to speedy processing of Income Tax Returns
The Income Tax Department is committed to process the Income Tax Returns
(ITRs) in a speedy and efficient manner. As on 05.09.2023, 6.98 crore ITRs for AY
2023-24 were filed, out of which 6.84 crore ITRs have been verified. More than 6
crore ITRs of AY 2023-24 have been processed out of the verified ITRs as on
05.09.2023, resulting in processing of over 88% of the verified ITRs. More than 2.45
crore refunds for AY 2023-24 have already been issued.
The Department’s efforts to provide seamless and expeditious taxpayer
services are being continuously strengthened. In line with the same, average
processing time of ITRs (after verification) has been reduced to 10 days for Returns
filed for AY 2023-24 compared to 82 days for AY 2019-20 and 16 days for AY 2022-
23.
It is pertinent to state that the Department is not able to process the following
categories of ITRs for want of certain information/action on the part of taxpayers:
(a) There are about 14 lakh ITRs for AY 2023-24 which have been filed but
are yet to be verified by the taxpayers as on 04.09.2023. Failure to verify
the Returns causes delays in processing as the Return can only be taken
up for processing once the verification has been completed by the
taxpayer. Taxpayers are urged to complete the verification process
immediately.
(b) There are about 12 lakh verified ITRs in which further information has
been sought by the Department, for which requisite communication has
been sent to the taxpayers through their registered e-filing accounts.
Taxpayers are requested to respond to such communication expeditiously.
There are several cases in which the ITRs have been processed and refunds
have also been determined but the Department is unable to issue them as taxpayers
have not yet validated their bank account in which the refund is to be credited.
Taxpayers are requested to validate their bank accounts through the e-filing portal.
The Department remains committed to speedy processing and expeditious
issue of refunds and solicits the cooperation of the taxpayers.
(Surabhi Ahluwalia)
Pr. Commissioner of Income Tax
(Media and Technical Policy) &
Official Spokesperson, CBDT