According to the new system of Income Tax Department, now any taxpayer can check the status of refund after 10 days of filing the return. If it has been 10 days since you filed your return and still have not received the refund money, then by following some simple steps you can also check the status of your refund and check the reason for the delay.
How to check Income Tax Refund: The deadline for filing Income Tax Return (ITR) for the assessment year 2022-23 (AY 22-23) is already over. According to government data, this time till the deadline i.e. July 31, about 5.83 crore taxpayers have filed ITR. The returns of many of these have been processed and they have been issued Income Tax Refunds. However, still many taxpayers have not been able to get income tax refund. Let us know how to check the status of refund and what are the reasons for the delay.
The Income Tax Department has now simplified the process of processing ITR and issuing refund. Now most of the taxpayers have started getting refund money within just 2 weeks of filing ITR. According to the new system of Income Tax Department, now any taxpayer can check the status of refund after 10 days of filing the return. If it has been 10 days since you filed your return and still have not received the refund money, then by following some simple steps you can also check the status of your refund and check the reason for the delay.
Refund gets stuck due to wrong bank account
Before knowing how to check status, let us know what are the reasons for delay in getting refund. One of the major reasons for getting refund stuck is the mistake in the bank account details. If you have entered your account details wrong while filling the form, then your refund may get stuck due to this. In such a situation, you will have to correct the details of the account on the site of the Income Tax Department. It is also necessary to link the bank account with the PAN card. Apart from this, the refund is also delayed due to the requirement of some additional documents. The Income Tax Department sometimes demands certain documents while processing returns.
If tax is due then refund will not be given
A major reason for the delay in refunds this time is some technical glitches in the new filing portal. Due to this the work of processing the returns slowed down. However, now the technical glitches have been removed and after that the processing work has been expedited. In many cases, the refund gets stuck due to outstanding tax. However, even in this situation, the Income Tax Department informs the taxpayer by sending a notice.
ITR verification required to get refund
If you have filed the return but have not verified it, then even in such a situation the refund is bound to get stuck. Unless you verify the return, the department will not process it. If the return is not verified in time, it becomes invalid and the department assumes that you have not filed the return. There are 2 ways to verify the return. The first method is electronic, in which verification can be done from bank account or Aadhaar. Another way is to verify it by sending a signed copy of ITR-V via post.
How to check income tax refund status
- First of all go to the Income Tax Department’s site http://www.incometax.gov.in.
Log in by entering User ID and Password.
- Click on My Account and open Refund/Demand Status.
- Select Income Tax Returns in the drop down menu.
- Now click on the knowledge number.
- Now a new page will open where
- All the details of ITR will be shown.
Check status with the help of PAN card like this:
- Open this direct link of NSDL https://tin.tin.nsdl.com/oltas/servlet/RefundStatusTrack.
- Enter your PAN number.
- Select the assessment year 2022-23.
- Click on submit option. After this you will see the refund status.