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ITR successfully processed but tax refund failed? Do this

Updated Mar 12, 2021 | 06:54 IST
You can check income tax refund status on the National Securities Depository Ltd (NSDL) website, as well as on the Income-tax department’s e-filing portal.
ITR successfully processed but tax refund failed? Do this
New Delhi: From the day of completion of processing of ITR by the Centralized Processing Centre (CPC), tax refunds are received within 20-45 days normally. A taxpayer is eligible to receive an income tax refund if there is more tax pain to the government than actual tax liability. This usually happens when the advance tax, self-assessment tax paid, and/or TDS deducted from the taxpayer is higher than the total tax liability of a taxpayer. ....

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Income tax refund delayed? These mistakes could be the reason

Updated Jan 16, 2021 | 06:28 IST
The income tax department has also introduced a new initiative called, Jhatpat Processing to smoothen the ITR filing experience for taxpayers.
Income tax refund delayed? These mistakes could be the reason
New Delhi: The Central Board of Direct Taxes (CBDT) informed on Wednesday that it has issued refunds worth Rs 1,73,139 crore to more than 15.7 million taxpayers from 1 April 2020 to 11 January 2021. Income tax refunds of Rs 57,139 crore have been issued in 15,455,577 cases and corporate tax refunds of Rs 1,15,999 crore have been issued in 210,150 cases.
However, many taxpayers have been complaining on social media that they filed income tax returns (ITRs) around 4-5 months ago but are yet to get refunds. While some taxpayers are getting refunds within a week’s time, there are many who have not received theirs even after months. ....

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Haven't received income tax refund yet? Here's how to check status

Updated Jan 16, 2021 | 07:00 IST
You can check income tax refund status on the National Securities Depository Ltd (NSDL) website, as well as on the Income-tax department’s e-filing portal.
Haven t received income tax refund yet? Here s how to check status
New Delhi: Till January 11, income tax refunds worth Rs 1.73 lakh crore have been issued to more than 1.57 crore taxpayers in the ongoing fiscal by the income tax department. Out of this, personal income tax refunds are worth Rs 57,139 crore and corporate tax refunds are worth Rs 1.15 lakh crore.
Income tax department tweeted, CBDT (Central Board of Direct Taxes) issues refunds of over Rs 1,73,139 crore to more than 1.57 crore taxpayers between 1 April 2020 to 11 January 2021. Income tax refunds of Rs 57,139 crore have been issued in 1,54,55,577 cases & corporate tax refunds of Rs 1,15,999 crore have been issued in 2,10,150 cases. ....

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