We are sure now you know how to easily check your refund status online. Also, we are sure this article would have helped you understand the details of refund status. So go on put this learning into practice and easily check the status of your refund (income tax return) online.
Okay! So you have already filed your return and are now waiting to get your refund processed. But you do not know how to check it and are just speculating on the status of the refund and are waiting eagerly for your hard-earned money to come back to you. Well, we know that this wait could be an impatient one and could lead to unnecessary anxiety. And that is why here we present to you the complete details on how you can check about income tax return status online, without having to run from pillar to post.
Checking Income Tax Refund Status
In order to check the status of your income tax refund, you will need to login to website of IT department - https://tin.tin.nsdl.com. Upon logging into the website with your PAN number and selecting the relevant Assessment Year, you will be able to track the income tax return status. Here, it is important to know a little more about the refund status.
Check out this small list of various refund status that you will find on Income Tax Department’s official website:
Let’s now understand each refund status in detail and know what to do in each case.
Income Tax Refund Status & What to Do
It is important to know that the timeframe of validity for your income tax returns in ninety days. If ninety days have passed and the return has not been processed due to a mistake in the account details or otherwise, it is discerned that the refund has expired and stands cancelled.
What should you do?
In such cases, you must heed the following process:
This refund status means that the refund was sent to you through speed post. However, the refund was returned undelivered to the income tax department. In such an event, your income tax return stands cancelled and is retained by the CMP centre.
What should you do?
In such cases, please follow the steps mentioned above i.e.,
You will see this status of your refund online, if income tax department tried to credit your account with the refund to your, but it failed. You might get such status if:
What should you do?
In such an event, follow the below mentioned steps:
If in the status field, you see that the refund has been adjusted to last year’s demands, it could mean that our refund amount has been compensated against the outstanding tax liability of the last year. This could in-part adjustment or full adjustment.
What should you do?
In such cases, follow the below mentioned steps:
If you see this status, it could mean that income tax department tried to send you over the refund via NECS/NEFT but it failed.
What should you do?
In such an event, follow the below mentioned steps:
You usually get to see this information if you have mistakenly entered wrong account details.
What should you do?
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