How to check refund status in Income tax?
View Refund/ Demand Status
- Login to e-Filing website with User ID, Password, Date of Birth / Date of Incorporation and Captcha.
- Go to My Account and click on “Refund/Demand Status”.
- Below details would be displayed. Assessment Year. Status. Reason (For Refund Failure if any) Mode of Payment is displayed.
How many days will take income tax refund?
The government has made this process easy through online income tax refunds. After you have filed your IT returns and verified the same, income tax refund time taken is usually 20-45 days after ITR has been processed. If it takes longer, you should follow up with the Centralised Processing Centre (CPC).
Why income tax refund is getting delayed?
Your income tax refund can also be delayed if you have any outstanding demand pending from the previous financial years. If there is any outstanding demand pending, then your income tax refund will be adjusted against that demand. The same will be informed to you via intimation notice issued under section 143(1).
Can I get my tax refund in 14 days?
If you file your tax return electronically, the IRS will generally process direct deposit refunds within 7-10 days of receiving your tax return, and process paper checks within about two weeks. Filing a paper tax return may delay your refund by up to several weeks.
How do I get my TDS refund?
You just need to visit the income tax portal and login to download the relevant form for an income tax refund. Enter all the particulars and submit the form. If the employer has deducted tax when you are not eligible for it, you can claim the amount by filing income tax returns (ITR).
How long will TDS refund take?
3-6 months
Once ITR is filed, it takes 3-6 months for the TDS refund amount to be credited into the taxpayer’s linked bank account.
Who is eligible for TDS return?
As per Section 206 of Income Tax Act all corporate and government deductors are compulsorily required to file their TDS return on electronic media (i.e. e-TDS returns).
How much TDS can be claimed?
The TDS rate on salary depends on the income you receive from your employer, based on which you fall into different tax slab rates. According to the tax slab, the rate for your TDS deduction on salary will range from 10% to 30%.