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

 

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

Why are income tax refunds delayed?

Normally, tax refunds are received within 20-45 days from the day of completion of processing of ITR by the Centralized Processing Centre. However, a refund may be delayed in case there is a mismatch between the tax return filed and the details available with the tax department. It may also be delayed in case the details of the bank account mentioned are incorrect.

There are two ways of checking the status of your refund. You can check it on National Securities Depository Ltd’s (NSDL) website as well as on the Income-tax department’s e-filing portal.

Here's how to check ITR status on NSDL website:

-Visit the NSDL website to track refund.

Fill in your details like PAN, Aadhaar and assessment year (AY).

-After submitting the details, click on 'Proceed'.

-Your income tax refund status will be displayed on your computer screen.

Here's how to check ITR status on the e-filing portal:

-Log in to the e-filing portal of the income tax department.

-Now select at view returns or forms,

-Go to 'My Account' tab and select 'Income Tax Returns' and click on submit.

-Now you would need to click on the acknowledgement number.

-Your income tax refund status will be displayed on your computer screen.

If the refund has already been processed by the department, you will get a message.

How to Request for Refund Re-issue (in case of refund failure)?

Refund shall be issued to the pre-validated bank account only. In case of refund failure, taxpayer can raise the service request in e-Filing portal upon receiving communication from CPC.

Perform the following steps to raise Refund Re-issue Request:

Step 1 : Logon to ‘e-Filing’ Portal www.incometaxindiaefiling.gov.in

Step 2 : Click on 'My Account' menu and click 'Service Request' link.

Step 3 : Select the 'Request Type' as 'New Request' and Select the 'Request Category' as 'Refund Reissue'. Click 'Submit'.

Step 4 : Details such as PAN, Return Type, Assessment Year (A.Y), Acknowledgement No, Communication Reference Number, Reason for Refund Failure and Response are displayed.

Step 5 : Click 'Submit' hyperlink located under 'Response'column. All the prevalidated bank accounts with status validated/validated and EVC enabled will be displayed.

Step 6 : Select the bank account to which the tax refund is to be credited and click 'Continue'. Details such as Bank Account Number, IFSC, Bank  Name and Account Type are displayed for the taxpayer to cross verify the same.

Step 7 : Click 'Ok' in popup if the details are correct and the options for e-Verification appears in the dialogue box. Choose the appropriate mode of e-Verification, Generate and enter Electronic Verification Code (EVC)/Aadhaar OTP as applicable to proceed with the request submission.

Step 8 : A success message will be displayed confirming the Refund Re-issue request submission

Step 9 : To View the status of submitted Refund Re-issue request :

Step 1 : Logon to ‘e-Filing’ Portal www.incometaxindiaefiling.gov.in

Step 2 : Go to the ‘My Account’ > Click ‘Service Request’ > Select the ‘Request Type’ as ‘View Request’ and Select the ‘Request Category’ as ‘Refund Reissue’

Step 1 : Click ‘Submit’ ​

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Income Tax Calendar 2021: Important Dates and Deadlines all you Need to know

The Income Tax (IT) department has issued a new e-calendar for the year 2021 having a list of all the important tax-related deadlines. Designed as the 'Honoring the honest' calendar, the income tax department in an email send to the tax payers wrote, "Welcome to a new era where tax system is becoming seamless, faceless and paperless. Every taxpayer is a nation builder. "Here is a calendar to make your tax journey simpler and easier."

The calendar has all the important dates a taxpayer should be aware about. Here are all the important dates you should know from income tax perspective in 2021:

January 2021 :

• January   7:   Due date for deposit of Tax deducted/collected for the month of December 2020
• January 10: Extended due date for Filing ITR for AY 2020-21 for Taxpayers not requiring Audit
• January 15: Date for furnishing various audit reports under the Income-tax Act
• January 15: Quarterly statement of TCS deposited for the quarter ending December 31, 2020
• January 30: Quarterly TCS certificate in respect of tax collected for the quarter ending December 31, 2020
• January 31: Last Date for making Declaration under Vivad Se Vishwas Scheme
• January 31: Quarterly statement of TDS deposited for the quarter ending December 31, 2020

February 2021 :

• February 7: Due date for deposit of Tax deduction/collected for the month of January 2021
• February 15: Last date for filing of returns for assessment year 2020-21 in the case of assessees who have to get their account audited.
• February 15: Quarterly TDS certificate (other than salary) for the quarter ending December 31, 2020

March 2021 :

• March 7: Due date for deposit of Tax deducted/collected for the month of February 2021
• March 15: Due date for payment of 4th installment of advance tax for the assessment year 2021-22
• March 31: Due date for filing of belated/revised return of income for the assessment year 2020-21 for all assessees (provided assessment has not been completed before March 31, 2021)
• March 31: Quarterly statements of TDS/TCS Deposited for Q1 & Q2 of FY 2020-21
• March 31: Last date for payment under Vivad Se Vishwas Scheme without additional levy
• March 31: Last date for Linking Aadhaar with PAN

April 2021 :

• April 7: Due date for deposit of Tax deducted/collected for the month of March 2021 by a government deductor
• April 30: Due date for deposit of Tax deducted by an assessee other than an office of the government for the month of March, 2021

May 2021 :

• May 7: Due date for deposit of Tax deducted/collected for the month of April 2021.
• May 15: Quarterly statement of TCS deposited for the quarter ending March 31, 2021
• May 31: Filing quarterly statement of TDS deposited for the quarter ending March 31, 2021
• May 31: Due date for furnishing of statement of financial transaction u/s 285BA in respect of FY 2020-21

June 2021:

• June 7: Due date for deposit of Tax deducted/collected for the month of May, 2021.
• June 15: Due date for payment of 1st installment of advance tax for the assessment year 2022-23
• June 15: TDS Certificate-Form 16 to employees (in respect of salary paid) for AY 2021-22
• June 15: Quarterly TDS certificate (other than salary) for the quarter ending March 31, 2021

July 2021 :

• July 7: Due date for deposit of Tax deducted/collected for the month of June, 2021.
• July 30: Quarterly TCS certificate for the quarter ending June 30, 2021
• July 31: Quarterly statement of TDS deposited for the quarter ending June 30, 2021
• July 31: ITR for AY 2021-22 for all assessees other than (a) corporate assessee or (b) non-corporate assessee who is liable to get his accounts audited or (c) assessee who has entered into an international or specified domestic transaction

August 2021 :

• August 7: Due date for deposit of Tax deducted/collected for the month of July, 2021.
• August 15: Quarterly TDS certificate (other than salary) for the quarter ending June 30, 2021

September 2021 :

• September 7: Due date for deposit of Tax deducted/collected for the month of August, 2021.
• September 15: Second installment of advance tax for AY 2022-23
• September 30: Audit Report for AY 2021-22 in case of assessee who has not entered into an international or specified domestic transaction

October 2021 :

• October 7: Due date for deposit of Tax deducted/collected for the month of September, 2021.
• October 15: Quarterly statement of TCS deposited for the quarter ending September 30, 2021
• October 31: Quarterly statement of TDS deposited for the quarter ending September 30, 2021
• October 31: ITR for AY 2021-22 for assessees (not having an international or specified domestic transaction) who is (a) corporate assessee or (b) non-corporate assessee whose books are required to be audited
• October 31: Audit report for AY 2021-22 in respect of assessee having an International or specified domestic transaction

November 2021 :

• November 7: Due date for deposit of Tax deducted/collected for the month of October, 2021.
• November 15: Quarterly TDS certificate (other than salary) for the quarter ending September 30, 2021
• November 30: ITR for AY 2021-22 in respect of assessee having an international or specified domestic transaction

December 2021 :

• December 7: Due date for deposit of Tax deducted/collected for the month of October, 2021.
• December 15: Third instalment of advance tax for AY 2022-23

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