Income Tax News: Attention Taxpayers! Still Waiting For Your Refund? Here’s Step-by-Step Guide to Re-Issue It

Income Tax News: If your income tax refund process hit a roadblock recently, don’t worry—you’re not alone. The Income Tax Department recently posted on X (formerly Twitter), urging taxpayers to resolve refund failures by validating their bank accounts and submitting a "Refund Reissue Request." Here's everything you need to know to smooth out the process.

Why Refund Failures Happen and How to Resolve Them

Kind Attention Taxpayers!
If your refund has failed due to non-validation / re-validation of your bank account, please ensure your bank account is validated or re-validated, as applicable.

If you have not submitted “Refund Reissue Request” after validation/ re-validation of… pic.twitter.com/KOxEHBRF1r

— Income Tax India (@IncomeTaxIndia) December 23, 2024

A refund failure usually occurs when a taxpayer's bank account is not validated or has expired validation. To address this issue, the Income Tax Department emphasizes two key actions:

Bank Account Validation or Re-validation: If your refund failed, ensure your bank account is either validated for the first time or re-validated if it was previously validated but expired.

Submitting a Refund Reissue Request: After your account validation, you must raise a refund reissue request on the Income Tax Department’s e-filing portal. Without this step, even a validated account won’t process your refund.

The Income Tax Department shared this crucial reminder: “If your refund has failed due to non-validation/re-validation of your bank account, please ensure it is validated or re-validated as applicable. Do remember to submit a 'Refund Reissue Request' after the validation process.”

Step-by-Step Guide to Submit a Refund Reissue Request

Taxpayers can easily resolve refund failures by following these simple steps on the Income Tax Department’s official portal:

Log in to the e-Filing Portal: Visit https://www.incometax.gov.in/iec/foportal/ and log in using your credentials.

Access the 'Refund Reissue' Option: Navigate to the “Services” menu and click on the ‘Refund Reissue’ option.

Create the Refund Reissue Request: You’ll be prompted to select the Assessment Year for which the refund failed.

Validate or Re-validate Your Bank Account: If your bank account is not validated, complete the validation process. Once validated, select this account for the refund.

Submit the Request: After ensuring all details are accurate, submit your request.

Once submitted, the Income Tax Department will reprocess your refund, and the amount should be credited to your validated account shortly thereafter.

Why This Matters

Dealing with refund issues can be stressful, but the process to resolve them has been made taxpayer-friendly. With the ease of online submissions and clear communication from the Income Tax Department, addressing refund failures is more convenient than ever.