Income Tax Return Refund Status – How to check the ITR Status?

Taxpayers who have filed their taxes can check the status of their ITR refund on Income Tax Department’s e-filing portal or the NSDL website by providing their PAN details and choosing assessment year. You can file a belated return till 31 December 2024 if you have not filed your tax return by 31 July 2024.

Income Tax Return Refund Status

If you want to get information or updates about your Income Tax Return refund processing then you must check your ITR status from the Income Tax Department’s e-filing portal or from the National Securities Depository Limited (NSDL) website. These both are reliable and trusted sources among taxpayers.

You can verify the details of your ITR refund by checking status about whether your refund has been processed, issued or need more information or not. If there will be any mistake or your refund requires more details regarding you correct it by checking the status. It can avoid delays in  your ITR refund timeline 2024.

If you want to check the status of your refund then you must keep the crucial details handy. As the deadline for income tax return 2024 has been passed and you are worried about the progress of your return then you can track the status of your refund by following the step by step process given in this article.

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How to check the Income Tax Return Refund Status?

The step by step process to check Income Tax Return refund status is given below:

Through Income Tax Department’s e-filing portal:

• Firstly, you have to go to the e-filing website of the Income Tax Department of India.
• Here you have to login with a user id such as PAN, its password and fill up the captcha.
• After login, go to the e-file tab and hit “View Filed Returns”.
• You will see your ITR refund status after selecting your assessment year.

Through National Securities Depository Limited (NSDL) website:

• You have to go to the NSDL official website and input your PAN required details.
• Select the assessment year for which you want to check the status.
• After that, fill captcha to track the status of your refund.

What type of outcome will you receive after checking Income Tax Return Refund Status?

The outcome you will receive after checking the status of your refund determines at which stage your ITR refund stands. The outcomes mostly includes:

Refund issued:

• It means that your refund has been processed and issued by the officials. It also tells you about the date, payment method and amount of your refund.

Refund Failure:

• Refund Failure means your refunds faced an issue such as incorrect or missing information.

Refund Not Determined:

• If your refund status is not determined; it means your refund has not been processed and verified yet.

Refund Not Credited:

• If you saw an outcome which shows “refund not credited”; it informs you that your refund processing has been done but it’s not issued yet. This status will ask you about your payment method details and you have to provide appropriate details to officials at this stage to get a refund.

Can I file my Income Tax Return after the deadline? 

Taxpayers can file their belated Income Tax Return by 31 December 2024 after the deadline. As you all know that the deadline for the ITR has finished on 31 July 2024 but you can file a belated return with interests and penalties.

You have to pay penalties of up to ₹5,000, almost ₹1,000 if your income is up to ₹5 lakh and 1% monthly interest until the filing of your return on any unpaid tax amounts. If you want to refrain from penalties and interest then you must file your ITR quickly.

How much time does it take to get a refund from the ITR ? 

If you have filed your income tax return electronically and your refund has no mistakes then it will take almost 4 to 5 weeks to refund after the e-verification. If you have not received your refund amount within 4 to 5 weeks, you have to check the status of your refund.

If your status of refund shows any mistake in your refund then correct it and if it shows your refund has been issued then check your bank account. If you face an issue with your income tax return then quickly inform officials.

What can be the reason for Income Tax Return?

There may be various reasons which can delay your income tax return refund which mostly contains errors in your tax return, incomplete information, filing method, verification process, high volume of returns, etc. you have to keep in mind that due to the high number of returns, it takes some more time to refund.

if you have properly and carefully filed your income tax return without doing these mistakes and not received your refund then you must contact officials. If you have not provided any important details or documents then resolve these issues quickly to get a faster and smooth tax refund.

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