Income Tax Refund News: Income Tax Refund processing time has become fast. But how fast? While taxpayers, who filed their returns for AY 2023-24 had to wait for a few weeks for the processing of refunds, many return filers in July received their refunds within a few days. On Thursday, a taxpayer on social media claimed he received his tax refund within 12 hours.
Income Tax Refund in 12 hours! ITR processing time reduced as taxpayers file in record numbers
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