A step-by-step guide to checking status and reasons for delay

Steps to check Income tax refund status

Check the status of your tax refund to get an idea about when you will get it if you are sure that you haven’t made any mistake in filing ITR form.

With the help of 2 websites you can check refund status

1. You can check it on the income tax department’s e-filing portal

Using your Permanent Account Number (PAN) as your user ID and password under the ‘registered user’ section, you can log into your account on the e-filing portal (www.incometaxindiaefiling.gov.in).

Once you are logged in, go to the ‘View e-Filed Returns/Forms’ section.

Select income tax returns and the relevant assessment year.

A new page ‘My Return’ will open and show the status of your filed return such as ITR filed, verified, ITR processing, issue of refund or status of refund.

Under the ‘status’ menu, you can check the mode of payment, refund amount, date of clearance and so on.

2. National Securities Depository Ltd (NSDL) website

Alternatively, you can check the refund status on NSDL’s website (https://tin.tin.nsdl.com/oltas refundstatuslogin.html). Enter your PAN and select the relevant assessment year to get details.

  • There may be a couple of reasons for the delay in receiving the tax refund.

The income tax department, between 8 April and 11 July, issued refunds worth Rs 24,603 crore to 19.79 lakh taxpayers, it stated in a notification on July 17. Due to the ongoing COVID-19-related financial crisis, the department with an aim to provide liquidity to taxpayers has quickened the refund issuance process. But many of you may be still waiting for your refund.

Around a month’s time after the processing of ITR, tax refunds are generally issued. “Normally, refunds are processed within 20 to 45 days from the completion of processing of ITR by the Centralised Processing Centre. The taxpayer eligible for a refund claim up to Rs 5 lakh gets direct bank credit within five to seven business days from the issuance of a refund”.

If you have filed your income tax return within a specific period of time and are still waiting for your tax refund, here are the reasons for the delay.

Possible reasons for tax refund delay

The tax department raises any clarification or query regarding income tax return filing. This may be one of the cases for the delay. “Refunds are usually withheld by the department on account of ongoing assessments for the relevant assessment year or on account of a mismatch in the ITR filed and the details available with the department”.

If you have received a query from the tax department on your mail, then respond to it quickly.

Simple mistakes such as writing incorrect bank account details in the ITR form could also be the reason for the delay in refund. So, if you have mentioned an incorrect account number in the ITR form then, you can change it online itself.

Author Bio

Qualification: CA in Practice
Company: S J CHAUDHARI & ASSOCIATES
Location: MUMBAI, Maharashtra, IN
Member Since: 19 Jul 2020 | Total Posts: 1

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