Income Tax Department says : "Checking the online refund status is always good. It's free and it tells you what's going on?"
Please Note: Refund Status of income tax return that have been filed this year, must be updated in the Income Tax Department systems. You can check the latest status of tax refund by using this utility. Use the tool & check refund status now!
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Income Tax Refund status arises in a financial year, when you’ve paid more taxes (either by way of TDS or Advance Tax or Self-Assessment Tax) than you’re supposed to. The tax is calculated after taking into consideration all the deductions and exemptions at the time of filing of Income Tax Return.
For claiming your tax refund or TDS refund all you need to do, is give a written proof to the Department about your Income and deduction details, by way of filing your Income Tax Return. Just make sure that you provide the details of all your income and tax deducted during the relevant year, so that the component of refund is reflected in your income tax return. Remember, to claim your Income Tax Refund, online filing of the return is a must.
File your Income Tax Return now: Tax2win.in
Don’t worry, if you missed the bus, you can still file Belated Return under section 139(4) and you’re good to go! To know more about Belated Return, refer our blog https://blog.tax2win.in/belated-return-forgot-file-return/
File your Income Tax Return now: Tax2win.in
March 31, 2019, was the last date to file ITR for the AY 2018-19 (FY 2017-18). You can now file your ITR of FY 2018-19 by 31-07-2019, failing which the window remains open till 31-03-2020. After filing & e-verifying your return, use our tool to check your ITR refund status.
Also, for FY 2015-16 and FY 2016-17 the last date to file late return was latest by 31-03-2018.
So, plan your working accordingly! After filing & e-verifying your return, use our tool to check your ITR refund status.
First make sure that you have verified your Income Tax Return because once your ITR has been verified, only then it will be further processed by the Income Tax Department.
To know how to verify your Income Tax Return, refer https://blog.tax2win.in/simple-guide-e-verify-return/
If it’s already been verified, then the reason for not receiving your refund can be:Here is a list of reasons for the failure of refund along with the resolutions.
Refer https://incometaxindiaefiling.gov.in/eFiling/Portal/StaticPDF/Resolution_FAQ-refund_final.pdf
As per the procedure, Income Tax Department processes the refund only after you have filed and verified the Income Tax Return.
Generally, it takes 20-45 days from the date of e-verification of your Income Tax Return to get your refund credited. However, for the returns, verified through sending of ITR-V to CPC Bengaluru, it may take some more time.
Income Tax Return Filing is the prerequisite for getting Income Tax Refund. Previously, Income Tax Department gave taxpayers the freedom to file previous two years’ return but from FY 2017-18 return can only be filed till the end of the assessment year. Which means from AY 2019-20 and 2020-21 ITR can only be filed and revised for one year only.
In case, you have refund due for the years preceding the aforesaid year and you forgot to file an income tax return for those years, then you can take respite of CBDT Circular No: 9/2015 to get a refund for previous six assessment years. So, as per this provision, you can claim a refund for assessment year; 2013-14; 2014-15; 2015-16; 2016-17, 2017-18,2018-19.
This circular can be used only where; your refunds is the result of the excessive deduction/collection of tax and/or excess deposit of advance /self-assessment tax.
For taking benefit of the above circular, you need to make an application to the relevant authority depending upon the amount of refund.
| Amount of claim (refund / loss) for any one assessment year | Application To: |
|---|---|
| 10 Lakhs or less | Principal Commissioner/ Commissioner of Income Tax |
| More than Rs.10 Lakhs but less than Rs. 50 Lakhs | Principal Chief Commissioners of Income-tax/Chief Commissioners of Income-tax |
| More than 50 Lakhs | Central Board of Direct Taxes (CBDT) |
Note: These authorities have all the powers to make necessary inquiries or scrutinize to ascertain the correctness of the claim and accept/ reject your application. Also , in this case Income Tax department shall not pay any interest on the delayed refunds.
| Status | Meaning |
|---|---|
No e-filing has been done |
You have either not filed your return or filed manually. To be eligible for a refund, you are required to file your return online as the returns filed manually are not qualified for a refund from F.Y. 2014-15. E-file your return now Tax2win.in or take the help of our expert CAs |
Refund is already credited to your bank, please contact your bank. |
Refund has been processed and credited to your Bank Account If your refund has not been credited, then contact: State Bank of India. Address: SBIFAST 31, Mahal Industrial Estate, Off Mahakali Caves Road, Andheri East, Mumbai - 400 093 Email: [email protected] Toll free Number: 1800 425 9760 |
Refund cheque has already been encashed. |
Your income tax refund process is complete & it has been credited to your Bank Account and the same has been encashed. If your refund has not been credited, then contact: State Bank of India. Address: SBIFAST 31, Mahal Industrial Estate, Off Mahakali Caves Road, Andheri East, Mumbai - 400 093 Email: [email protected] Toll free Number: 1800 425 9760 |
Refund Not Determined |
Your Income Tax Return status is still under process at the Income Tax Department’s end. Just wait for some days and check income tax refund status again. |
Unable to credit refund as the account number provided by you is incorrect. |
This means that the account number provided by you was incorrect. You are requested to apply for refund reissue by providing the correct account number to claim your refund. |
Defective return u/s 139(9) |
It may be that your return has been treated as the defective Return. For exact reason, you can check this in your income tax website user account. |
ITR Processed but need to submit rectification request |
It may occur due to mismatch in the calculation of department & us. For this you may receive intimation from the department to submit once again your calculation sheet. |
Return submitted. Processing rights transferred to Jurisdiction Assessing Officer. |
It implies that your return will be processed by your Jurisdictional Assessing Officer (AO). Please contact AO for further details.Click here to know your AO. - https://incometaxindiaefiling.gov.in/e-Filing/Services/KnowYourJurisdictionLink.html Need help from Expert CA ? Click here. |
Return Submitted and not verified |
It implies that your return has been submitted successfully but it has not been e-verified either through post or online mode. Further, until and unless you verify your return, it would not be processed by the income tax department. So, please verify within 120 days from the date of filing. How to e-verify, please visit at https://blog.tax2win.in/simple-guide-e-verify-return |
Return Processed with No Demand and No Refund |
It implies that your return has been processed successfully without any additional tax payable or refund due. Further, you can check the details from the intimation received u/s 143(1) on your mail id. |
Return Processed and tax Demand determined |
It implies that your Income has been assessed by Income tax department from your filed ITR and tax payable amount has been determined upon it. You can check the details from the intimation received u/s 143(1) on your mail id. In that case you need to submit the response through E-Filing website under “efile tab” -> “Response to outstanding tax demand”. Need help from Expert CA? Click here. |
Return Processed. Refund determined and sent to Refund Banker. |
It implies your refund claim has been forwarded to the refund banker for processing. So, wait for some more days and the refund amount will be credited in the bank account mentioned by you at the time of filing the return. |
Return Processed and Refund returned Unpaid |
It implies that income tax department has sent refund to you but either your address is wrong or bank details provided are incorrect, due to which refund was not processed. In that case you need to place a refund reissue request stating the failure reason under “My Account” -> Service -> “Refund reissue request”. Need help from Expert CA? Click here. |
e-Return for this PAN and Acknowledgement Number has been Digitally signed |
It implies that your return has been filed successfully and it is digitally signed. |
Return Submitted and under processing |
It implies that your Income-tax Return is still not processed. Further, no need to worry if you have e-verified or sent your ITR V by post then definitely it would be processed by the department sooner or later and whenever you will receive a refund , it would be credited along with interest. |
Return Processed and Refund Paid |
Congratulations ! It implies that your return as well as refund has been processed successfully and refund has been credited in your bank account. Now, no further action is needed from your side for this year. |
Return Submitted and verified |
It implies that your return has been submitted and successfully verified, now it shall be processed by the income tax department. So, you have to wait for some more days. |
Invalid Return |
It implies that your return has been treated as Invalid return by the Income Tax Department. You need to file your return again in this case. Need help from Expert CA? Click here. |
Return Processed and Rectification Rights Transferred to Assessing Officer |
It implies that your return has been processed, however, for rectification, you need to contact Assessing Officer as the rectification rights have been transferred by CPC. So, instead of the online route, you have to submit your rectification request to your local AO directly. For more information/ query, please feel free to call us at +91 9660996655 or write to us [email protected] and our expert CAs will be happy to assist you. |
Return Processed. Refund adjusted against demand |
If any previous amount outstanding by the department, then the department will adjust the amount you owed in the current year’s refund. But before adjusting that amount they will send you a notice u/s 245, stating that they are adjusting your refund with the previous years' outstanding amount. You have to submit your response to it that whether you agree with department or not. If the response is not submitted timely then department adjust the demand and processed the return after adjusting the demand. For more information/ query, please feel free to call us at +91 9660996655 or write to us [email protected] and our expert CAs will be happy to assist you. |
As per the law, only the person whose excessive tax is deducted is eligible to get refunds. However, there are a couple of exceptions to this:
The Refunds are sent by the Income Tax Department in two ways-
RTGS/NECS: This is the fastest facility provided by the department to get refunds. Under this facility you refund is directly credited in your Bank Account.
Paper Cheque: Under this facility the department sends account payee cheque to you. This is comparatively time consuming.
Yes, Income Tax department takes the responsibility to make your wait for income tax refund a rewarding experience by granting simple interest @ 0.5 percent per month. However, this privilege is enjoyed by those taxpayers who have a refund of income tax of 10 percent or more of the actual tax liability. This is how the payment of interest will work:
In the case of refund arising out of TDS / TCS / Advance Tax – Interest is calculated @0.5% for every month or part of a month for a period starting on 1st April of relevant AY till the date of grant of refund in case the return is filed in time. However, if the return is not filed within the due date the period of interest shall be from the date of filing the return to the date of grant of refund.
In the case of refund arising out of Self-Assessment tax u/s 140A – Interest is calculated @0.5% for every month or part of a month for a period starting from the date of filing of return or payment of tax, whichever is later to the date of grant of refund. In this case also, if the refund is less than 10% of the tax determined under assessment, then you are not entitled to any interest.
In case of variation in the amount of refund – Where, as a result of an order u/s 143(3) / 144 / 147 / 154 / 155 / 250 / 254 / 260 / 262 / 264 or an order of the Settlement Commission u/s 245D (4), the amount of refund payable has been increased or reduced, then the amount of interest shall be increased or reduced accordingly. The assessing office may issue a demand notice for recovery of excess interest paid.
In any other case – Interest is calculated @0.5% for every month or part of a month for a period from the date of payment of tax to the date of grant of refund.
Suppose, Ms. Gupta has paid advance taxes of Rs. 50,000 over the year when she was actually liable to pay a tax of Rs. 30,000 only, then, in that case, she is entitled to a refund of Rs. 20,000/- along with the interest @0.5%. Let’s say, that Ms Gupta filed her return on 5.09.2016 i.e., after the due date and the refund of Rs. 20,000 is received by her on 30.11.2016, then, the interest payable shall amount to Rs. 300/-. (Rs. 20,000 x 0.5% x 3 months)
First verify your Income Tax Return, then track your status of income tax refund with the department. In case, you have still not received your refund then one of the reasons of ITR refund delay could be due to problem in your bank account or address details.
In such a situation, you can make a request for refund reissue to the Income Tax Department but only after receiving an "Intimation" 
When you select –
ECS Mode: You are required to verify the Bank Account Details or can even update by selecting the option” Do you want to update the Bank Account Details "Yes" Enter Bank Account Number, Type of Account & IFSC code.
Paper Mode: You are required to verify, change or update the Address Details, where you want the cheque to be delivered. You can select your address from the Category.
Click on the Submit Button
The changes made by you, in the bank/address details will be automatically updated in the centralized TIN database, and your refund amount will be reissued to you as per your updated records.
Step 5: Contact details updated through OTP verification Received on Mail ID & Mobile No.
