Income Tax Refund: The Income Tax Department has issued an income tax refund of about Rs 2.15 lakh crore between April 1, 2022 and November 30, 2022. You can check it in these two ways.
Income Tax Refund: If you had filed income tax return for the financial year 2021-22, then you must have started getting refund from the government. The Finance Ministry has informed by tweeting that in the current financial year, tax returns have been issued 67 percent faster than last year i.e. 2021. The Income Tax Department has issued income tax refund of about Rs 2.15 lakh crore between April 1, 2022 and November 30, 2022. According to the department’s tweet, this is about 66.92 per cent more than the refunds during the same period last year.
Did you get income tax refund?
Explain that after filing income tax return for the same period, you can be entitled to income tax refund only if you have paid more tax than your actual tax obligation. The thing to note is that the income tax refund will not be available until the confirmation comes from the department that your ITR has been filed.
How to check on e-filing?
- First go to www.incometaxindiaefiling.gov.in
- Login to your account by filling PAN, password and captcha code details
- Click on ‘Review Returns/Forms’
- Select ‘Income Tax Returns’ from the drop down menu.
- Select the assessment year for which you want to check the IT refund status.
- Click on your acknowledgment number ie hyperlink.
- Now a pop-up will appear on the screen, which will show the timeline of return filing. For example, when was your ITR filed and verified, date of completion of processing, date of refund issue, etc.
- Apart from this, it will also show the assessment year, status, reason for failure and mode of payment
Speedy issue of Refunds!
66.92% higher refunds issued upto 30th Nov., 2022 during FY 2022-23 compared to the corresponding period in 2021.
Refunds amounting to Rs 2.15 lakh crore issued between 1st April, 2022 to 30th Nov., 2022.#NotJustFinance#AatmanirbharForGrowth pic.twitter.com/xfJgrMSNfQ
— Ministry of Finance (@FinMinIndia) December 12, 2022
Check status like this on NSDL website also
Visit https://tin.tin.nsdl.com/oltas/refundstatuslogin.html
Enter your PAN details
Select the assessment year for which you want to check the refund status
Enter the captcha code and click on submit, now a message will appear on the screen based on the status of your refund
Fill the bank account details correctly
Many times it happens that even after the refund is issued by the Income Tax Department, the taxpayers are not able to get the refund. A major reason for getting refund stuck can be wrong bank account information. If you had entered the account details incorrectly while filling the form, the tax refund may get stuck. In such a situation, you will have to correct the account details on the website of the Income Tax Department. After that you will again be eligible for this refund.
Where to complain if refund is not received
Taxpayers can lodge complaints on incometax.gov.in. They can also use the toll-free number 1800-103-4455 issued by the IT Department. This number can be called on working days between 8 am to 8 pm. Apart from this, complaints can also be lodged on the e-filing portal of the Income Tax Department.
