ITR Filing Status: You must be waiting for a refund if you have submitted an income tax return. The Income Tax Return, or ITR, must be validated after it has been filed. In the event that this is done, your tax return will be completed, and the procedure for receiving your refund will then begin. The amount of the return is same to your TDS. Additionally, the amount is taken out of the return if it has been deducted more than the tax obligation. For those who submitted tax returns for the fiscal year 2021–2022, the refund must have been received or be on the way.
ITR Filing Update: Method to check
Its technique is really simple if you also want to discover the ITR’s refund status. After ten days of ITR filing, the Income Tax Department offers the option to check the status of ITR refunds. This service is available online. In order to check their refund, those who filed their tax returns roughly 10 days ago would need to log in to the IRS e-filing platform. By following the step-by-step procedure, the refund status can be determined in this case.
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In 6 steps, you may check the progress of your refund online. First, go to https://eportal.incometax.gov.in/iec/foservices/#/login to access the tax e-filing portal; Move on to Step 2 Using your User ID and Password, log into the e-filing portal. Following this, you must proceed to “My Account” and select “Refund / Demand Status” in the third step. Now pick “Income Tax Returns” from the drop-down menu. Afterward, select “Submit” from the menu.
You must click the acknowledgment number in the final and fifth step. Along with this, a new page will open with all the information from your ITR shown on it. You can check here to see when your ITR refund was processed. Your refund will be announced here when it has been processed. Recognize that your money has not yet been released by the tax authorities if the refund status is not readily apparent. When your refund is not processed, this occurs. This may also occur if incorrect information is included in the return, such as a bank account number.
To check the status of an ITR refund online, use your PAN number. You must do this by going to the NSDL website. RefundStatusTrack can be accessed via https://tin.tin.nsdl.com/oltas/servlet. The next step is to enter your PAN number. In the assessment year field, type 2022–23, then select the submit option. The refund status will also be displayed on your computer screen along with this.
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