An income tax refund is typically processed within 20 to 45 days after the taxpayer successfully e-verifies their Income Tax Return. Due to advanced processing, many taxpayers now receive refunds within 10 to 15 days. The arrival depends on several factors:
- Successful e-verification of the filed return.
- Correctness of the pre-validated bank account for direct credit.
- Completion of processing by the Centralized Processing Centre.
Taxpayers can track their status on the official e-filing portal or the TIN NSDL website using their PAN and the relevant assessment year.