Income tax refund means the amount which is refunded by the Income Tax Department. The processing of refund starts when taxpayers e-verify their returns after filing ITR. It takes 4 to 5 weeks for the tax refund to be credited to your account.
Have you filed your income tax return in April and now the question running in your mind is when will you get the refund? So let us tell you the answer to this question. Every year lakhs of people live in the hope that their refund will come to their account as soon as possible. But do you know how much time it takes for the refund to come after filing the return. When does the processing of refund start? How can you check the status of your refund? Let us tell you about income tax refund along with these questions.
Income tax refund means the amount which is refunded by the Income Tax Department. If you have paid any tax and it is more than your actual tax liability, then you can also get it back by filing ITR.
When will the processing of tax refund start?
The processing of refund starts when taxpayers e-verify their returns after filing ITR. According to the Income Tax website, normally it takes 4 to 5 weeks for the tax refund to be credited to your account. If you do not get the refund in this time, then you should check for any discrepancy in your ITR. Along with this, you can also check email notifications.
How to check the status of refund?
You can find out about income tax refund by visiting the e-filing portal, through the email sent by the Income Tax Department, Income Tax Refund Portal and Income Tax Helpline.
Through e-filing portal
First of all, you should go to the e-filing portal of the Income Tax Department. After this, log in by entering your user ID, password and captcha. After logging in, click on the ‘My Account’ tab and then go to ‘Refund/Demand Status’. Now you will see the status of the refund here. You can also see at what stage the refund process is and when the refund will come to your account.
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