ITR not processed yet? Here’s how you can resolve your outstanding tax demand to enable quick processing

  • March 2, 2021
  • CA Chandan Agarwal's Office

If you are one of those people who are waiting for the income tax refund and not yet received it, there could be an outstanding tax demand from the income tax department. If any tax refund is due, the refund will be adjusted against the outstanding demand.

In the case of higher refunds, it is better to confirm and pay any tax due to the government. Once the outstanding tax is paid to the government, your income tax return will get processed and tax refund, if any will become payable. In order to check your Outstanding Tax Demand status, you can log on to the e-filing website of the income tax department.

You can not only submit the response online but also pay outstanding tax demand online if any. You can even choose to Agree or Disagree with the tax demand.

Source: https://www.timesnownews.com/business-economy/personal-finance/income-tax/article/itr-not-processed-yet-heres-how-you-can-resolve-your-outstanding-tax-demand-to-enable-quick-processing/726699

Spread the love

Leave a Reply

Your email address will not be published. Required fields are marked *