Know how to check your income tax refund status online on the Tin.NSDL Website. In this guide by H&R Block we also answer the most frequently asked questions about tax refund eligibility and what to do if you don't receive it.
An Income Tax Refund is a refund which is issued to the taxpayer by Income Tax authorities when his tax liability is less than the actual taxes he paid.
Refund of tax arises whenever there is excess deduction of taxes from your salary. In case of a salaried individual, this can happen when he/she has failed to declare some investments made by him / her which led to excess tax deduction.
Here is a list of different refund status which you can find on TIN website of the Income Tax Department (ITD):
[ Skip to: Most Frequently Asked Questions on IT Refund ]
The validity period for refunds to be presented as payment is 90 days. If this period expires, it is marked as expired and cancelled.
Steps you should take:
It means that refund sent by speed post has returned undelivered. In such a case, refund is cancelled and retained at CMP centre.
Steps you should take:
This status appears if refund for credit to account maintained with SBI had failed. Some possible reasons for failure are as follows
Steps you should take:
This may happen due to wrong account information being used by the bank to transfer the amount or delay in credit to your account on part of the bank.
Steps you should take:
First you need to check the account number and IFSC/MICR code mentioned in the ECS advice slip carefully.
This status is displayed if your refund for the current year had been adjusted against outstanding demand of previous Assessment Year either in-part or in-full.
Steps you should take:
It means that the refund processed through NECS/NEFT mode had failed.
Steps you should take:
You should verify the account details given at the time of filing your tax return.
In case you have filed your return and a refund is due but not received, then you have to login to the Income Tax website and login to ‘My Account-My returns/Form’ to know the update on the status of your return. The refund may be in process since because the return hasn’t been processed by the IT department yet or the IT department has decided on a ‘no refund due’ after processing.
You might not receive the refund if your contact details like bank account number or postal address are wrong or you were not at home when the cheque was delivered to you.
There are several situations when a person becomes eligible for a tax refund:
Tax refund can be claimed by filing your return of income. Usually the return filing due date each year is 31st of July each year unless extended.
To find out the amount of income tax you are eligible to get back as refund, you need to calculate your actual tax liability. If the taxes paid by you are more than your tax liability then the extra taxes paid by you will be refunded by the tax department. You can use our income tax calculator to find out your tax liability and refund that you are eligible for.
The refund is processed within 2 to 6 months from the date of e-filing your return online. It takes longer if you file your returns physically.
Tax refund is paid either through direct credit to your bank account or by cheque.
In an Assessment Year, claiming tax refund for previous years is possible for up to 2 previous years or financial years.
If your refund cheque has expired then you can make Income Tax refund reissue request online from Income Tax e-filing portal.
Yes you are eligible for an interest on the refund payable to you. Interest is calculated @0.5% per month or 6% per year from the first day of the Assessment Year until the date when the refund is paid to you. In this case even a part of a month is considered as full month for interest calculation purposes.
E.g., if you have claimed an interest of Rs. 3,000 for AY 2015-16 and you received the refund in the month of February 2016 then the interest will be calculated from April 2015 to February 2016.
However, it should be noted here that interest is payable only when the amount of refund due is more than 10% of the tax payable by tax payer.
No. You can claim tax refund even if you have filed a belated tax return.
You need to contact the Central Processing Centre of the Income Tax Department on the numbers 1800 4250 0025, and 080-2650 0025. This number is provided on the government’s e-filing portal.
Refund will not be taxable in your hands as it is only the receipt of excess taxes and not income earned. Income earned is taxable and not tax refunds.
However, if you have received interest on tax then this interest portion is taxable according to slab rates applicable to you. This is included as income of the year in which the refund is received.
In case you have a refund re-issue request then you need to login to ‘My Account” and select”Refund Re-issue Request’ and give the necessary details for mode of payment like ECS or cheque and changed or corrected address.
This needs to be done when the refund is returned due to error in house address, bank details or house locked when cheque is received through post.
The refund status can be checked after 2-3 weeks of the ITR being filed and refund can be received in 4-6 months.
If you have any query or complaint regarding Income Tax Refund, then you can register your Income Tax refund complaint online through Aayakar Sampark Kendra Toll Free No. 1800-180-1961 or send an email at refunds@incometaxindia.gov.in
If you want to make any Income Tax refund enquiry regarding modification in refund record related to return processed at CPC Bangalore, you can call on toll free number 1800-425-2229 or 080-43456700.
If you have any payment related query, you should contact SBI Contact Centre Toll Free No. 1800-425-9760.
Fill your PAN, choose relevant Assessment Year and enter captcha code. Now press Submit button to see your tax refund status.