If you’re wondering whether filing your Income Tax Return (ITR) early will help you get your tax refund faster, the answer is generally yes as long as your return is correct, complete, and verified on time. Filing early ensures that your return is processed smoothly, especially during the less congested period before the September 15, 2025 deadline.
Why Early Filing Increases Your Chances of a Quicker Refund
According to CA (Dr) Suresh Surana, filing your ITR before the extended deadline makes you eligible for a tax refund with interest, as long as your return is processed successfully. Early filing boosts your chances of a quicker refund since the tax systems are less congested. The Centralised Processing Centre (CPC) can process early returns, particularly straightforward ones like ITR-1 and ITR-4, faster, often within 4-5 weeks. However, delays can still occur if your return contains errors, missing details, or unresolved issues from past years.
How to Ensure a Faster Refund
To minimize delays, make sure that your ITR is accurate and that all your details match Form 26AS and the Annual Information Statement (AIS). Ensure that your bank account is pre-validated so that the refund reaches you smoothly. Salaried individuals, who typically file ITR-1 or ITR-2, have the advantage of pre-filled information, and their tax returns are often simpler and more accurate.
Interest on Delayed Refunds
While a delayed refund might lead to some interest payments from the tax department, it’s still preferable to file early and accurately. The best way to avoid delays and ensure you get your refund promptly is by preparing your documents, double-checking your details, and filing as early as possible.
Filing early increases your chances of a quicker refund, but only if your return is correct and verified. Don’t wait for the last minute. Prepare now, file on time, and ensure you get your refund without hassle!
