Many people have filed the ITR (Income Tax Return) for the Assessment Year 2022-2023 and now they are waiting for the refund or don’t know the time duration of the refund. So this is often how you can check your ITR Refund Process Status Report.
How to Check ITR Refund Status
There are two ways for Eligible Taxpayers to check their ITR refund status online
- From the official Tax Department website
- From the National Securities Depository Limited (NSDL) website
The taxpayer must know their PAN Card information.
ITR Refund Process Status from Income Tax Portal:
Step 1: The taxpayer can check the tax refund status online through the Income Tax website — https://www.incometax.gov.in. They are going to need their PAN and Aadhaar details apart from the registered mobile number to receive the OTPs.
Step 2: Once the taxpayer opens the https://www.incometax.gov.in portal, he/she need to log in to the account using PAN details, OTP, and by entering the Captcha.
Step 3: Once logged in, the taxpayer has got to click on the e-file option.
Step 4: From there, one must go to the income tax returns tab and click on the View Filed Returns option
Step 5: The taxpayer can check the status of the latest filed ITR from there
Step 6: Click on the View Details options from where you’ll be able to check the status of your income tax refund.
Here is that the video on how to check the status:
ITR Refund Process Status from NSDL Website:
Step 1: The taxpayer can check the tax refund status online through the website of NSDL https://tin.tin.nsdl.com/oltas/refund-status-home.html
Step 2: Once the taxpayer opens the NSDL website, Click on the link to proceed with taxpayer refund status
Step 3: Enter PAN details and choose the Assessment Year 2022-23/ or as applicable
Step 4: Click on submit
Step 5: ITR status is going to be visible. Refund status/details are often checked
What is the Standard Timeline for the Refund
The time taken for ITR is usually 20-45 days after ITR has been processed, as long as provided that you have filed your income tax return and verified the same on time. However, if the amount that is to be received is less than Rs 100, the tax department does not credit it to your bank account. In such cases, the amount is adjusted against future income tax refunds. The tax department in a press note in 2012 said “the demands of less than Rs 100 would not be enforced but liable for adjustment against future income tax refunds. Practically, it’s been seen that income tax refund amount of less than Rs 100 is not processed and credited into individual’s bank account by the Income Tax Department.”
Disclaimer: Every effort has been made to avoid errors or omissions during this material. In spite of this, errors may sneak in. Any mistake, error, or discrepancy noted could also be brought to our notice which shall be taken care of in the next edition. In no event, the author shall be responsible for any direct, indirect, special, or incidental damage resulting from or arising out of or in reference to the use of this information.
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