India Income Tax Refund Status 2021-22 ITR Tax Return process

India Income Tax Refund Status 2021-22 ITR Tax easy way to check. Would you like to track your Income Tax Refund (ITR) via online? We have provided easy steps which help you to track your Tax Refund status via online.

Two mode of Refund process:
India Income Tax Department send refund via below given 2 modes.
1) RTGS / NECS : Taxpayer’s should provide Bank account, MICR code/IFSC code of bank branch and correct communication address details to receive refund directly to the bank account
2) Paper Cheque : To receive refund via this option you should provide Bank Account No and correct address is mandatory.

Note: Once your refund is processed one can check their refund status after 10 days of their their refund has been sent by the Assessing Officer to the Refund Banker. Candidates also note that status of ‘Refund paid’ is also being reflected in the ‘Tax Credit Statements’ in Form 26AS.

How to check Income Tax Refund Status in India via online?

1) Initially open this https://tin.tin.nsdl.com/oltas/refund-status-pan.html webpage.
2) Enter pan and Assessment year followed by Captcha code.
3) Click on proceed button to view your refund status.

India Income Tax Refund Frequently asked questions?

The below questions are frequently asked regarding Income Tax Refund in India.

What is an Income Tax Account?
Income tax return (ITR) is a procedure of reporting to the Income Tax Department the details of the income earned by a person in a financial year and the tax paid.

What are the Forms for Income Tax Account?
ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, ITR-7, ITR-V are the forms for filing income tax.

Do I needs to submit documents when filing income tax?
No need to submit documents when filing income tax. However, documents on behalf of the Income Tax Department must be submitted if requested.

How to file income tax return online?
The Income Tax Department has created a website called efiling (https://www.incometaxindiaefiling.gov.in/home) for taxpayers to file their income tax online.

Will filing income tax cause problems?
Filing income tax does not cause any problems. Conversely, When you failed to file an income tax return with taxable income may result in fines and penalties.

What is the last date for filing income tax?
Generally every year July 31 is the last date for filing income tax. The federal government will extend the deadline in exceptional circumstances such as the corona period.

Check details:
https://tin.tin.nsdl.com/oltas/refund-status-pan.html

What if the income tax is not filed by the deadline?
If you failed to file income tax after the due date will result in interest payments on the tax amount. A fine of Rs 5,000 will be levied if income tax is filed by December 31. If it goes above that, a fine of Rs 10,000 will be imposed. However, if the income is less than Rs 5 lakh, a fine of only Rs 1,000 will be levied.