How To Find Out Status Of Income Tax Refund

When your tax amount paid is over and in a higher place the actual amount of tax payable, an income taxation refund comes into play. Y'all volition be eligible for a refund of the taxation amount y'all have paid. You check the condition of your refund online and the procedure is uncomplicated.

How you lot can bank check your ITR refund status FY 2021-22

It is important to know the PAN and assessment year in society to cheque the status of the refund. At that place are 2 unlike means by which yous tin can check the refund online are mentioned beneath:

The two ways to bank check refund Status are:

The Income Tax E-filing Portal
The Can NSDL Portal

How to Check Income Tax Refund Status through East-Filing Website

Step i: Visit https://world wide web.incometaxindiaefiling.gov.in
Pace 2: Enter the PAN, acknowledgement number, and captcha code.
Step three: Click on 'Submit' to check the condition of your refund.

You can likewise login to your account on the official website of the Income Taxation Department to cheque the status of your refund.

Income Tax Refund Status

Income Tax Refund Status

How to Cheque Income Tax Refund Status through the TIN NSDL Website

Footstep 1:Visit https://tin.can.nsdl.com/oltas/refund-status-pan.html.
Step 2: Enter the PAN, assessment twelvemonth, and captcha.
Step 3: Click on 'Keep' to check the status of the refund.

What are the different types of Income Revenue enhancement refund status?

Income Revenue enhancement Refund Staus	Meaning	Steps to Follow
Non Determined	The income revenue enhancement department has not processed your taxation return because the amount refundable has not been determined.	Recheck your income tax refund status after i calendar week
No e-filing for this assessment yr	This would mean that you have not filed your income tax return. It could also mean that you filed it manually.	Make sure to cross check the assessment year and amount of tax paid. You will besides have to check your income tax render status.
Refund Paid	This means that your income tax refund has been transferred back to your banking company account.	If y'all have not received any money, and so you lot tin can e'er accomplish out to the banking company or the mail service role. If you lot had chosen direct debit to your bank business relationship, then contact your banking concern. If yous had called 'return via cheque, then you will take to track the check with the post function tracking reference number.
ITR Gain determined, and sent to Refund Banker	This means that your income tax refund has been processed.	You will have to await for some time earlier the amount is credited to your bank account. You can e'er to get more than details on your refund. You can as well log in to the income tax department website to check the same.
Refund unpaid	The condition implies that the income taxation section has not delivered your refund.	Y'all volition take to crosscheck your address/ account number. Log in to the official income revenue enhancement department website and right the required information. You can also apply for a Refund Reissue Request.
No Demand No Refund	This means the tax amount deducted is correct and the tax department does not have to refund any amount to you.	You can revise your income revenue enhancement return and besides include the deductions that you may have forgotten while filing. Make sure to crosscheck the tax calculation with the income tax calculator.
Demand Determined	This status means that your demand for a refund has been rejected by the income tax department as their calculation shows that you lot need to pay more tax.	Y'all have to crosscheck your e-filing tape and also verify the information. If you need to pay more than tax, you should do so before the borderline.
Contact Jurisdictional Assessing Officer	The income tax department requires a few clarifications on your income tax return details.	You will take to contact your jurisdictional Assessing Officeholder
Rectification Gain, refund determined, sent out to refund banker	The rectified income tax refund request has been accustomed by the income tax department.	You will have to await for a few days and so check your refund condition.
Rectification Proceeded on, No Demand No refund	Your request for rectification has been accepted only there is no demand or refund.	You do non have to pay the income taxation department any money. The income tax department likewise does not accept to pay you whatsoever amount.
Rectification proceeded, need adamant	The rectified income taxation refund asking has been accustomed. You still have to pay more revenue enhancement. This volition have to exist paid within xxx days of this notice.	You will have to crosscheck your efiling.

How is the Payment of Income Tax Refund done?

The payment for your income tax refund can be done in two ways:

Direct credit of income tax refund amount:

Income revenue enhancement refunds can be paid to your via NECS/RTGS. You should ensure that yous mention all required details of your bank account in order for the revenue enhancement refund amount to be credit promptly. These details include IFSC lawmaking of your bank branch, depository financial institution business relationship number, and communication address. This will facilitate easy and efficient income tax refunds transfer.

Income revenue enhancement refund via a bank check:

If by whatever gamble the bank account details provided by you are improper or unclear, and so this refund will be paid to you lot via a cheque to your bank business relationship

How to Request for Refund Reissue?

The steps to request for refund effect are given below:

Click on the link https://portal.incometaxindiaefiling.gov.in/e-Filing/UserLogin/LoginHome.html and enter your User ID, Password, date of birth, and the captcha lawmaking to login.
Go to 'My Account' and then click on 'Service Request'.
Click on 'New Request' under the 'Request Type' category, and select the pick 'Refund Reissue' under 'Request Category'.
A screen will appear which will contain the acknowledgment number for every fiscal year during which you filed your Income Tax. Click on 'Submit' nether the 'Response' department for the year you want the refund.
Fill in details such every bit your Bank Account Number, Business relationship Type, IFSC Code, Bank Proper noun, and and so click on 'Submit'.
The corporeality volition then exist refunded to your bank account afterward a few days.

FAQs on Income Tax Refund Status

If my income revenue enhancement refund has been delayed, will in that location be whatever compensation for me?

Yes, if your income tax refund has been delayed, so you will get 0.5% per month/ part of the month interest on your amount which was due. This interest will be calculated from ane April of the assessment twelvemonth right to the engagement on which your refund has been granted.

When will I become eligible for an income taxation refund?

You volition exist eligible for an income taxation refund if you have paid a tax amount over and higher up the actual tax payable. The refund amount will be calculated during the time of filing the ITR.

Will I have to pay tax on the refund amount?

The income revenue enhancement refund will stand for to the excess corporeality of tax that you have paid. This is not an income and is not taxable. However, your interest earned on the income taxation refund will be taxable .

Do I have to file taxation if I desire to go an income revenue enhancement refund?

Yes, if you lot wish to claim your income tax refund for any excess corporeality of tax y'all had paid during a fiscal year, you will have to file an income tax return for the assessment year.