How to Track Your Tax Refund Status in India: A Comprehensive Guide

How to Track Your Tax Refund Status in India: A Comprehensive Guide

Once your Income Tax Return (ITR) is processed, you can expect your refund within 20 to 45 days. However, a refund of less than Rs 100 will be adjusted to the next fiscal year. If you haven't received your refund yet and want to check its status, here are a few simple steps to do so online.

Steps to Check Your Tax Refund Status

Step 1: Visit the Income Tax Portal

Visit the official Income Tax India website and log in with your registered USER ID (PAN number) and password.

Step 2: Navigate to 'My Account'

Under 'My Account', look for options like 'View Returns / Forms' or 'Refund/Demand Status'.

Step 3: Select 'Income Tax Returns'

Select 'Income Tax Returns' from the drop-down menu and then click the 'Submit' button.

You will see a list of your filed returns for different assessment years. Click on the 'Acknowledgement Number' of the return for which you want to check the refund status.

Step 4: View the Refund Status

Once you click on the Acknowledgement Number, you will see a summary of your return details, including the status of your refund. Here are the six possible statuses you may encounter:

Under Processing: This means your refund is not yet processed. Refund Issued: This means your refund has been credited to your bank account. Processed with no demand, no refund: This means you are not eligible for a refund. Refund Failure: This means your refund has failed due to incorrect bank details. Case transferred to an assessing officer: This means more information regarding your ITR is needed. Demand Determined: This means that you have to pay more taxes.

Important Points to Note

It usually takes 4 to 5 weeks for the refund to be credited to the account of the taxpayer. However, if you haven’t received your refund during this duration, you should check for intimation regarding discrepancies in your ITR.

Additionally, it's important to regularly check your email for any notifications from the Income Tax department regarding your refund. These emails can provide crucial information about any pending issues.

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I hope this guide helps you in tracking your tax refund status. If you have any further questions or need more guidance, please don't hesitate to ask. I am always here to assist you with your tax queries and goals.