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How do I check the status of my tax refund?
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How do I check the status of my e-filed income tax return?
e-Filing of Income Tax Return or Forms and other value added services & Intimation, Rectification, Refund and other Income Tax Processing Related Queries 1800 103 0025 (or) 1800 419 0025
- Refund Status User Manual
Step 4: Now you can check the refund status for the desired...
- Income Tax Department
e-Filing of Income Tax Return or Forms and other value added...
- Refund Status User Manual
Check your income tax refund status by entering your PAN, assessment year and captcha code. You can also view the status of other refunds paid by the tax department at www.tin-nsdl.com.
- What is an income tax refund? When a taxpayer makes excess payment of income tax to the government against its actual income tax liability for a given year, the excess amount paid is refunded by the Income tax department after due assessment.
- When can you claim income tax refund? The following are situations when an Income Tax Refund can be claimed: Excess TDS deducted – The employer generally deducts taxes after taking into consideration various documentary proofs provided to him by an employee pertaining to say for example 80C investments, Medical insurance premium under 80D etc.
- How to claim Income tax refund? Income tax refund can be claimed simply by filing ITR. Please note that the IT department will process the ITR for refund only if the ITR is verified through any of the online or offline modes of sending a signed copy of ITR V. Further the refund from the IT department is subject to assessment/ verification from the IT department.
- How much income tax refund is received by the taxpayer? When a taxpayer claims a refund in his return of income, the tax department processes such return and the taxpayer would receive an intimation from CPC under section 143(1) which will confirm the amount of refund that the taxpayer is eligible to receive.
- Overview. Income tax refund means a refund amount that is initiated by the income tax department if the amount paid in taxes exceeds the actual amount due (either by way of TDS or TCS or Advance Tax or Self-Assessment Tax).
- Pre-requisites for availing this service. Valid User ID and Password. PAN is linked with Aadhaar number. ITR filed claiming refund.
- Process/Step-by-Step Guide. 3.1 Refund Status. Step 1: Go to the e-Filing portal homepage. Step 2: Enter the user ID and password. For individual users, if PAN is not linked with the Aadhaar, you will see a pop-up message that your PAN is made inoperative as it is not linked with your Aadhaar.
- How to Claim An Income Tax Refund?
- How to Calculate The Income Tax Refund with example?
- How to Check Your ITR Refund Status For Ay 2024-25?
- What Does My Refund Status Mean?
- Is The Income Tax Refund Taxable?
- Time Duration For A Tax Refund
- Mode of Receiving The Refund
- Interest on Income Tax Refund
- Claiming Refund For Missed ITR Filing on Due Date
- Income Tax Refund Helpline
To get your income tax refund or TDS refund, all you need to do is file your Income Tax Return and declare your income, deduction and tax paid details to the Income Tax Department. The amount of refund receivable is computed and shown in the tax return. You have to finish e-filing to get your Income Tax Refund. Make sure to e-file this year to get ...
If you paid more taxes than you were required to pay, you can claim the additional amount as an income tax refund. Income Tax Refund = Taxes paid – Total tax liability If the taxes paid (either by way of Advance Taxor TDS or TCS or Self-Assessment Tax) are more than the actual tax amount due, then the excess tax paid can be claimed as a refund. The...
If you are concerned about your tax refund status, you can check the status of the income tax refund in three different ways, here are the methods listed below.
Types Refund Statuses are as follows: 1. No E-filing has been done for Current AY Step 1: What does this mean? This could mean your IT return was not filed at all. Step 2: What do I do now? Double-check the Assessment Year that you checked your refund status for. Remember, Financial Year (FY) 2022-23 corresponds to Assessment Year (AY) 2023-24 2. U...
No, the refund amount is not taxable. But, the interest received on the tax refund is taxable. The rate of tax on the interest would be as per your applicable tax slab rate.
The time taken to receive the income tax refund entirely depends on the Income Tax Department’s internal process. Generally, it takes around 7 to 120 days, with an average time of 90 days after you have e-verified your return. The Income Tax Department implemented a new refund processing system to enable faster refund processing with an expected tu...
The Income Tax Department will send the refund amount through electronic mode (direct credit to the account) or through a ‘Refund Cheque’. You must enter the correct bank account number and IFSC code with complete address details, including the PIN code, at the time of filing your return to receive refunds. Refunds sent through cheques are dispatch...
When the refund amount is more than 10% of the total tax payable for that particular year, you will receive a simple interest on the tax refund. Interest is computed at 6% per annum on the refund amount. The interest is computed from the beginning of the next financial year till the refund date.
The deadline to file your ITR for non-audit cases was 31st July 2024. However, if you cannot manage to file your taxes before the deadline, you can still file a late return, known as Belated Return. The last date to file a belated return is 31st December 2024. You can claim your tax refund through a belated return.
You can contact the ‘Aaykar Sampark Kendra’ for any queries regarding income tax refunds. The toll-free helpline of the Aaykar Sampark Kendra Kendra is - 1800-180-1961. You can even send a mail with your refund query to refunds@incometax.gov.in. For refund-related queries or modifications in the refund record processed at CPC Bangalore, you can con...
Check your refund status using PAN or TAN on the official website of Income Tax Department. For refunds paid after 31.03.2023, use 'Know Refund Status' service at https://www.incometax.gov.in/.
e-Filing of Income Tax Return or Forms and other value added services & Intimation, Rectification, Refund and other Income Tax Processing Related Queries 1800 103 0025 (or) 1800 419 0025
