How to check Income Tax Refund Online
- August 13, 2022
- Posted by: Devesh Purani & Associates
- Category: Income Tax
Devesh Purani & Associates offers online and offline Income Tax Return related services in Akota, Vadodara. After filing your ITR, it is important to check about Income Tax Refund. In this artical, we would like to cover, How to check Income Tax Refund Online.
In order to claim any excess taxes paid by taxpayers, they must file income tax returns (ITRs). Income Tax India (E-filing) or National Securities Depository Limited (NSDL) offer online refund status monitoring for eligible taxpayers at www.incometaxindiaefiling.gov.in.
A step-by-step guide on how to check your ITR refund status online
Step 1: Log on to Income Tax e-Filing Website the account using your user ID (PAN) and password on the e-filing website
Step 2: Select ‘Income tax returns’ and then click on ‘View Filed returns’.
Step 3: Now, check the latest ITR filed
Step 4: Select the ‘View Details’ option and it will show the status of the ITR filed. One can navigate to the ‘Status of Tax Refunds’ tab. A message will pop up, giving the mode of payment, a reference number, status and date of refund.
About the Refund Banker
The ‘Refund Banker scheme’ facilitates transmission of refunds generated on processing of Income tax Returns by CPC-Bangalore/AO to State Bank of India, CMP branch (Refund Banker) for further distribution to taxpayers.
Refunds are being sent in following two modes:
RTGS / NECS: To enable credit of refund directly to the bank account, Taxpayer’s Bank A/c, MICR code/IFSC code of bank branch and correct communication address is mandatory.
Paper Cheque: Bank Account No and correct address is mandatory.
Taxpayers can view status of refund 10 days after their refund has been sent by the Assessing Officer to the Refund Banker.
Other Refunds
Status of ‘paid’ refund, being paid other than through ‘Refund Banker’, can also be viewed at www.tin-nsdl.com by entering the ‘PAN’ and ‘Assessment Year’.
‘Refund paid’ status is also being reflected in the ‘Tax Credit Statements’ in Form 26AS.
Checkout https://tin.tin.nsdl.com/oltas/refund-status-pan.html