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Thursday, August 27, 2020

If you have not yet received an income tax refund, check your refund status this way

Important Information: If you have not yet received an income tax refund, check your refund status this way
So far in the current financial year, more than 24 lakh taxpayers have received refunds
The Income Tax Department aims to dispose of all tax refunds by August 31
According to the Income Tax Department on Friday, refunds of Rs 88,652 crore have been issued so far in the current financial year. The refund has been received by more than 24 lakh taxpayers. In this case, if you have not yet received your refund, you can check the status of your refund at home. Learn how to check refund status online ...
                                
Refund status
Here you have to fill in the page number and the year for which the refund is due
Now you have to fill in the captcha code given below
Then the status will come as soon as you click on Proceed
You can also check the refund status on the Income Tax Department's site

Important Information: If you have not yet received an income tax refund, check your refund status this way
Important link::

You can also check the refund status on the Income Tax Department's site
  • First go to www.incometaxindiaefiling.gov.in website
  • You will need to login to the account by entering information such as page, password and captcha code. Click on 'Review Return / Form'
  • Select 'Income Tax Return' from the drop down menu. Select the assessment year for which you want to check the income tax refund status.
  • Then you have to click on the acknowledgment number i.e. hyper link
  • A pop-up will appear on your screen showing the timeline of the return filing
  • E.g., when you filed and verified the ITR, processing completion date, refund issue date, etc.
What are refunds?
The company deducts an estimated portion of the tax from its employees' salaries throughout the year and credits them to a government account. The employee files an income tax return at the end of the year, showing how much has been paid to him as tax. If the actual payment is less than the amount of tax deducted before, the remaining amount is received by the employee as a refund.

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