How much time to take refund??
Generally, it takes 4 to 5 weeks for a tax refund to be credited to your bank account after the tax return is e-verified, according to the Income Tax Department.
Here's a more detailed explanation:
E-Verification is Key:
The Income Tax Department won't start processing refunds until the taxpayer has e-verified their return.
Timeframe:
Once the return is e-verified, the refund processing typically takes 4 to 5 weeks.
Bank Account:
The refund will be credited to your pre-validated bank account.
"ITR Processed" Message:
Once the Income Tax Department sends you an "ITR processed" message, it usually takes 2 to 3 days to receive the refund.
Refund Timeline for Amazon:
If you are getting a refund from Amazon, the time it takes to process the refund depends on the payment method used.
Amazon Pay Balance: Up to 4 hours.
Credit/Debit Card, Net Banking, UPI Linked Bank Account: Up to 5 working days.
