ITR Not Processed Yet? try this method
After successful ITR filing, the Income Tax Department processes the same thing and communicates to you via email. If your ITR is not processed for any reason, the relevant authorities can ask you to clarify or correct your errors. In this post, we’ll go through the reasons for your ITR not being processed and how you can fix it.
E-Verify Your Return
To finish the return filing process, you must check your ITR after it has been submitted online. Your ITR will be deemed invalid if you do not validate your return within 120 days of uploading it. E-verification is the most convenient way to check your ITR because it is simple, paperless, and safe, and you obtain an instant acknowledgment. You can use Aadhaar OTP, Netbanking, Bank Account EVC, Demat Account EVC, and DSC to e-verify your ITR.
Check your Tax Credit Mismatch and Resolve the Same
Another factor your ITR hasn’t been approved is a disparity in your Tax Credit as seen on Form 26AS. You must log in to your e-filing account to verify and fix this mismatch, and depending on the cause, you may:
- File a revised return or,
- Ask your deductor to file a revised TDS Return
Outstanding Tax Demand Unresolved
If you have received from Income Tax If you have received and have not replied to a request from the Income Tax Department, this will result in your ITR not being processed. In this scenario, you must respond to the demand notice as soon as possible by logging into the e-filing portal.
After signing in, you have the option of either disagreeing with the demand notice and presenting details for your disagreement or agreeing to the demand and paying the appropriate amount.
Your ITR Contains Errors
One of the most important reasons the ITR has not processed is that it involves contains frequently noticed errors. the discrepancy in your ITR may have resulted from your inability to:
- Include those income(s) such as interest income
- Including income from the previous employer for the same financial year
- Mention the exempt income in ITR’s ‘Schedule EI’
- Fill/Incorrectly Fill Schedule 80G to ITR
- Claim Deduction under Section 80C in a detailed manner If you find either of the above flaws, you must file and e-verify a revised return right away.
